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Word: wrongfulness (lookup in dictionary) (lookup stats)
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...severe damage caused by the financial-industry meltdown. What's more, the commission's chair Phil Angelides, a Democrat and former California state treasurer, has already come out swinging against Wall Street, calling the bonuses financial firms are planning to hand out soon for last year "unjustifiably wrong." So it's no real surprise that the first ones to be in the hot seat are the bankers themselves. (See pictures of Americans in their homes...

Author: /time Magazine | Title: Hearings to Begin on Causes of Financial Crisis | 1/11/2010 | See Source »

...indeed seem reserved and self-effacing at times, but there should be little doubt that she has confidence and ambition aplenty. "You could certainly say that I've never underestimated myself," she says with a smile that in another context could only be described as kittenish. "There's nothing wrong with being ambitious." (See the Top 10 news stories...

Author: /time Magazine | Title: Angela Merkel's Moment | 1/11/2010 | See Source »

...West Germany. When the Great Recession began at the end of 2008, Merkel initially drew fire for her handling of the crisis, and in 2009, the German economy contracted 5% overall. Critics said she was doing too little, too slowly and that her efforts were targeted at the wrong industries. She argues that her response has been vindicated. The German economy began to rebound in the second half of 2009, and helped by an aggressive "short time" work program, its unemployment rate has steadily declined to 7.5%, compared with 10% in the U.S. No economy is free from the threat...

Author: /time Magazine | Title: Angela Merkel's Moment | 1/11/2010 | See Source »

...party era seems like a more propitious moment for media stars as politicians precisely because they are outside government. We live in an era when--after the best and brightest got the housing bubble, the banking crisis and Saddam's WMD capability wrong--official, expert authority has been discredited...

Author: /time Magazine | Title: 2010 and On: Pundits Get Ready for Their Close-Up | 1/11/2010 | See Source »

...about sex. It's about race," goes the exchange that brings down the curtain in one scene. "What's the difference?" Make sense of that line, and you just might be able to make sense of where the most important American playwright of his generation has gone wrong. Good luck...

Author: /time Magazine | Title: The Downward Spiral of David Mamet | 1/11/2010 | See Source »

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