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...just break up the biggest firms? I'm a Republican and a former Wall Streeter and don't favor government intervention in markets. But I can see where breaking up the banks would be a positive for the free markets. We want a system where firms are able to take risks, but we have to protect ourselves from the risks eating us alive, which can happen when the risks are concentrated in just a few banks. Breakups would distribute risk over a greater number of players and would probably be good for the banks as well. Most financial firms...

Author: /time Magazine | Title: An Ex–Goldman Partner Lets Loose on Wall Street | 2/2/2010 | See Source »

...tried to get into the facility this summer for training, but they were charging an insane amount of money to let us skate there every day," wrote Apolo Ohno, the U.S. short-track speed skater and five-time Olympic medalist, in an e-mail. "Personally, I wouldn't want to win or have success in that...

Author: /time Magazine | Title: Why Canada Wants to Kick Olympic Butt | 2/1/2010 | See Source »

...Salt Lake City [in 2002]. We have worked with every international federation, they have outlined all the expectations for access, they have all been met and exceeded." Wait a minute, did he just call the Americans "foreigners"? Very neighborly. But Jackson has a message for those scorned Olympians who want to stuff a maple leaf in Canada's face. "Relax," he says. "Just come and enjoy the Games...

Author: /time Magazine | Title: Why Canada Wants to Kick Olympic Butt | 2/1/2010 | See Source »

...government funds to fine-tune the Canadian Olympic machine, Jackson's jocks had better deliver. What will happen if they don't fulfill his gold guarantee? "I'm going to try to find the quietest little island," says Jackson, "so that no one can find me." Surely, Canada would want to take out its pent-up aggression...

Author: /time Magazine | Title: Why Canada Wants to Kick Olympic Butt | 2/1/2010 | See Source »

...instructor at the University of Southern California. "You have a whole lot of people who believe that accidents are just that - accidents," he says. That is a difficult argument to make when planes crash, however. "This is a really emotional issue," he says. "When loved ones die, they want to know why. It does not matter if it was a human error...

Author: /time Magazine | Title: Fault of the Concorde: An Icon's Day in Court | 2/1/2010 | See Source »

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