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...Mongolian capital Ulan Bator, "Shoot the Chinese" is spray-painted on a brick wall near a movie theater. A pair of swastikas and the words "Killer Boys ...! Danger!" can be read on a fence in an outlying neighborhood of yurt dwellings. Graffiti like this, which can be found all over the city, is the work of Mongolia's neo-Nazis, an admittedly implausible but often intimidating, and occasionally violent, movement...

Author: /time Magazine | Title: The Neo-Nazis of Mongolia: Swastikas Against China | 7/27/2009 | See Source »

...halfway mark--a 31% jump from June 2008--the investment-banking giant is on track to dole out some of the largest bonuses in its 140-year history. In June, Goldman paid back the $10 billion in TARP funds it accepted, and analysts say the move underscores Wall Street's willingness, after its nuclear winter, to embrace risk once again...

Author: /time Magazine | Title: The World | 7/27/2009 | See Source »

SOURCES: CNN MONEY; DATAMONITOR; WALL STREET JOURNAL...

Author: /time Magazine | Title: The World | 7/27/2009 | See Source »

...month, as most other companies do, would be too pedestrian--Goldman Sachs made more than $3.4 billion. That staggering profit--$1.6 million per hour, $117,000 per employee--is the most the firm has ever earned in a quarter. After Goldman reported the news on July 14, everyone from Wall Street to Wasilla struggled with a basic question: Should we be happy about this...

Author: /time Magazine | Title: The Moment | 7/27/2009 | See Source »

...indication that the issue is complicated. Goldman's profits are so high because so many of its competitors are wounded or defunct. Though the firm is in this advantageous position because it did a better job of steering through the crisis than did most rivals (JPMorgan Chase is Wall Street's other beacon of health), it probably wouldn't have survived the worst of the panic last fall if there hadn't been a massive government bailout--engineered by a Treasury Secretary who used to be Goldman's chief executive...

Author: /time Magazine | Title: The Moment | 7/27/2009 | See Source »

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