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...that phrase; they prefer to call it "appropriate" regulation). In June 2007, just days before he replaced Tony Blair as Prime Minister, Brown gave a rousing speech at the traditional black-tie dinner in Mansion House, the residence of the Lord Mayor of the City, brashly predicting "an era that history will record as the beginning of a new golden age for the City of London...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...annual Labour Party conference last month in Manchester, delegates adopted a new vocabulary. In fringe meetings, speakers inveighed against "the spivs" who caused the mess, while union leaders and politicians raised cheers by bashing the rich. Brown's keynote speech talked of a new era that demands heavier regulation, an era in which the rich will "be able to look after themselves." That sort of talk sets off alarm bells. "There is a risk that a mood could emerge, an anti-City mood," says Douglas McWilliams, chief executive of London's Centre for Economics and Business Research. "You sense that...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...bigger question is whether the risk-taking, hard-charging, high-living times will give way to a quieter, duller, less profitable and far more regulated era - not so much a golden age as a golden cage. The debt-fueled days are almost certainly history, and households across the capital will have to tighten their belts and live with a lot less leverage; the banking crisis has already made it considerably harder for house buyers to get mortgages of any sort, let alone ones requiring only a tiny down payment. Jon Lloyd, joint head of LG's real estate practice, points...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...era glutted with satire--The Colbert Report, the Onion, JibJab--there is still a special power to an old-fashioned SNL impersonation. It's shamanistic; it's like owning a voodoo doll: capture your target's soul, and you can make her dance just by waving your arms...

Author: /time Magazine | Title: Palin vs. "Palin": When SNL Parody Becomes Campaign Reality | 10/9/2008 | See Source »

...This trend might itself be aided by the changes to the landscape of college football. Last year’s tumultuous season in Division I-A, which saw the first two-loss national champion in the BCS era, has been partially blamed on nationwide scholarship reductions that made powerhouse programs like Alabama, Notre Dame, and Michigan less able to stockpile talented players, as they had in the past. The resulting trickle-down effect of talent has meant that upsets are more likely within Division I-A, as well as in matchups between Division I-A and I-AA squads...

Author: By Brad Hinshelwood, CRIMSON STAFF WRITER | Title: BRAD AS I WANNA BE: I-A, Bowls In Ivy Future? | 10/8/2008 | See Source »

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