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...Obama administration’s proposed banking reforms include measures that will indirectly restrict the size of banks. Although this represents a step in the right direction, the president’s economic team has no plans to restore the wall between commercial banks, investment banks, and insurers. This means that the administration is overlooking an underlying cause of systemic bank risk...

Author: By Anthony P. Dedousis | Title: Too Big to Fail is Too Big | 11/19/2009 | See Source »

...soldiers, it’s important to be able to communicate with peoples of seemingly different worlds. Parker said effective battlefield diplomats are those who could walk into a bar and strike up a conversation, rather than cling to the wall...

Author: By John W. He, CONTRIBUTING WRITER | Title: Army Vet Reflects On War Progress | 11/19/2009 | See Source »

...Craig watched the Archives speech from the second row - close enough to see the writing on the wall. Emanuel had assigned Pete Rouse, a top adviser, to oversee the political side of Craig's old domain and Donilon to chair an interagency group on policy. Craig continued to attend the meetings but said little, according to participants. Administration officials began to whisper about Craig's prospects in August...

Author: /time Magazine | Title: The Fall of Greg Craig, Obama's Top Lawyer | 11/19/2009 | See Source »

...latest project may be his most controversial yet. His attempt to address racism in Germany by donning blackface makeup has drawn strong criticism from black Germans, some of whom see his movie as patronizing, if not racist itself. (See pictures of the rise and fall of the Berlin Wall...

Author: /time Magazine | Title: Blackface Filmmaker Sparks a Race Debate in Germany | 11/18/2009 | See Source »

...Sarkozy, whose nose for the political winds is legendary, was once known as Sarko the American when more and more French were looking across the Atlantic to the flexible approach to work and dynamic business environment. But the French President reacted quickly last autumn to the Wall Street implosion by taking the lead in offering an alternative model to the U.S.'s. "The idea of the absolute power of the markets that should not be constrained by any rule, by any political intervention, was a mad idea," he declared in a widely cited speech last September in Toulon...

Author: /time Magazine | Title: Europeans Sour on American-Style Capitalism | 11/17/2009 | See Source »

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