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...regardless of their past position or reputation," says Daniela Bergdolt of the German Association for the Protection of Securities Ownership. "They hope that if they show remorse, it will reduce the penalty." And while it still seems far-fetched to imagine any German business titan seen doing the perp walk like American Bernie Ebbers of WorldCom, for instance, the case could mark a sea change for corporate Germany...

Author: /time Magazine | Title: Siemens Sues Its Own Managers | 7/30/2008 | See Source »

This all dovetails neatly with regional mantras about the need to empower women. "Middle Eastern society has come to terms with the fact that in order to develop, it has to walk the talk of liberalism," says Florence Eid, a Middle East partner at American hedge fund company Pantera Capital Management. Of course, the finance industry is driven by commercial imperatives, not social ones. "This is not about women's liberation," says Graham Bell, managing director of Bridge Partners, a wealth-management firm in Dubai. "It's about money...

Author: /time Magazine | Title: Middle East: Women's Money Talks | 7/30/2008 | See Source »

Inflation in India has hit a 13-year high, but you wouldn't know that as you walk around the Infiniti Mall in Andheri, a Mumbai suburb. The young men and women - many of whom are aspiring models and film stars (the Bollywood studios are not far from here) - are crowding in with their cell phones and laptops, and the place looks as busy as ever...

Author: /time Magazine | Title: The Death of the Indian Dream | 7/30/2008 | See Source »

...Francisco Bay. When I moved to Boston, folding the new streets and sounds into my daily life made me feel even farther away from home than I already felt, but it only took me a few days here to memorize and embrace the regular features of my walk to work: the cracks in the tiled sidewalk, the passing of the 201 bus that no one ever rides, the house with the bright blue door just before the final street crossing. They were all new to me, but of course they had always been waiting here. Not for me, though. Just...

Author: By Kyle L. K. Mcauley | Title: Going to Stay | 7/24/2008 | See Source »

...Berlin police estimated at more than 200,000, which had gathered in the city's central park, the Tiergarten, and stretched toward the Brandenburg Gate, about a mile away, where Reagan had spoken. From where the presidential candidate stood, atop a stage onto which he had taken a long walk alone, he could see tens of thousands of people crowded onto the Seventeenth of June Boulevard, named for a 1953 uprising against the East German government...

Author: /time Magazine | Title: Obama Urges Unity in Berlin | 7/24/2008 | See Source »

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