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Even after she discovered Mark's affair, she declined to vent at him, preferring to give him space to figure out how wrong he was. He did not fill the space well, pestering her for permission to see the other woman. He even asked if it would be possible to formally separate for one week, so it would be "legally permissible" for him to visit his lover. And when he was caught by the media returning from Argentina after visiting this other babe, he turned to Jenny for political advice. "Do not talk about your heart," she said...

Author: /time Magazine | Title: Jenny Sanford Dishes with Dignity in Staying True | 2/5/2010 | See Source »

Skeptics say it will be very hard to define which trades are being made on behalf of the firm and which are being made for clients. At issue as well is which firms would be subject to the Volcker rule. The skeptics say the Volcker rule wouldn't have stopped the collapse of Lehman or another investment bank, Bear Stearns, because they were not traditional banks. (Administration officials say the proposed rule would apply to any firm that owns a bank with federally insured deposits, which Lehman and Bear both did.) What's more, critics say, if you were...

Author: /time Magazine | Title: Is Proprietary Trading Too Wild for Wall Street? | 2/5/2010 | See Source »

Adams-schmooze, the House e-mail list, erupted last night in an occasionally heated debate—well, all caps made an appearance, anyway—about eager students who have taken enforcement of the rules into their own hands...

Author: By Elias J. Groll, CRIMSON STAFF WRITER | Title: Return of the Lifeguard Chair? | 2/5/2010 | See Source »

...about Taiwan, their motivation is largely a desire to play the nationalism card as effectively as possible at home, and it is as much a sign of insecurity as it is one of bravado. They see a value in deflecting criticism of the government over issues like corruption, as well as distracting the population from worrying about whether the economic good times will last long enough for those who have so far been left behind to get a chance to enjoy them. Similarly, when American politicians change their rhetoric about or policies toward China, we should remember that this...

Author: /time Magazine | Title: China and the U.S.: Too Big to Fail | 2/4/2010 | See Source »

...wives equally - he replied, to laughter from the audience, "Absolutely. That's my culture. It does not take anything from me, from my political beliefs, including the belief in the equality of women." Then, in a refrain that resonates across South Africa's Zulu and Xhosa townships -as well as the whole of Africa - he added, "Some think that their culture is superior to others. That's a problem we have in the world." (See TIME's coverage of the 2010 World Economic Forum in Davos...

Author: /time Magazine | Title: In South Africa, a Scandal Over All the President's Children | 2/4/2010 | See Source »

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