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...commission early last year with a mandate to investigate 22 possible things, from mortgage fraud to global savings imbalances, that could have either caused the financial crisis or made it worse. Modeled after the 9/11 commission, the FCIC is much larger than any other panel or watchdog created in wake of the financial crisis. The FCIC has 10 members, including six appointed by Democratic lawmakers and four appointed by Republicans. It has a budget to hire 35 staffers and until Dec. 15, 2010, to complete its work...

Author: /time Magazine | Title: Hearings to Begin on Causes of Financial Crisis | 1/11/2010 | See Source »

What time do you wake up? I wake up at 3:30. It's so awful...

Author: /time Magazine | Title: Morning Joe's Mika Brzezinski | 1/8/2010 | See Source »

...considered Rajapaksa an old friend, he criticized him over the conduct of the war and lack of safety for the civilians trapped by the fighting. A posthumous editorial that appeared in the Sunday Leader, the paper that Wickrematunge founded, immediately after his murder addressed Rajapaksa directly: "In the wake of my death, I know you will make all the usual sanctimonious noises and call upon the police to hold a swift and thorough inquiry. But like all the inquiries you have ordered in the past, nothing will come of this one, too." The widely circulated piece sent shockwaves beyond...

Author: /time Magazine | Title: Sri Lanka Journalists Still on Edge After Editor's Death | 1/7/2010 | See Source »

...Marist poll also found that while 65% of people who made a resolution in 2008 kept their promise for at least part of the year, 35% never even made it out of the gate. Indeed, when you wake bleary-eyed on the first day of a new year - or decade - resolutions to "cut back" and "moderate" seem both an excellent idea and an impossibly hazy dream. (See TIME's special report on health and happiness...

Author: /time Magazine | Title: How to Keep Your New Year's Resolutions: Advice from the Experts | 1/1/2010 | See Source »

...wake of an event like the attempted bombing of Flight 253, Washington often reacts simply to calm a jittery public. That's what led to initial dubious orders to keep airline passengers in their seats for the final hour of flight. Now the Administration is assessing the wisdom of various military strikes on supposed al-Qaeda training sites inside Yemen. But there are few good options. Obama doesn't want to end up like Bill Clinton, whose futile 1998 cruise missile "retaliation" for the East Africa embassy bombings did al-Qaeda more good than harm. Given the partisan sniping already...

Author: /time Magazine | Title: Yemen: The U.S. Weighs the Military Options | 12/31/2009 | See Source »

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