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...success hasn't been getting a lot of media play lately. Fox News talker Bill O'Reilly instead refers to the firm as an assemblage of "swine." Rolling Stone writer Matt Taibbi, showing more creativity if not sympathy, calls the firm a "great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money...

Author: /time Magazine | Title: Too Much Profit at Goldman and Morgan? | 7/27/2009 | See Source »

...enjoy In the Loop you needn't know which character is supposed to be what government bigwig; just relax and savor the insults. Every person, monument and company gets a derisive nickname. CNN is "the Cartoon News Network." Toby, Simon's curly-haired, cherub-faced aide, is variously addressed as "Fetus Boy," "Love Actually" and "Ron Weasley." (The last is an apt epithet; as the plot will show, Toby is more than a little weasely.) Chad, a tall, thin lad on the American team, is "Young Lankenstein" and "the boy from The Shining." James Gandolfini plays a dovish U.S. General...

Author: /time Magazine | Title: In the Loop: Stinging Strangelovean Satire | 7/26/2009 | See Source »

Musharraf currently faces no charges, but the court has demanded his presence for an interview that could form the basis of a future prosecution. Leading political figures such as former prime minister Nawaz Sharif - who was overthrown by Gen. Musharraf in a 1999 coup - have long demanded that he be charged with "high treason" for "subverting the constitution." The current summons is not binding, so Musharraf has the option of dispatching a lawyer to speak on his behalf. On Friday, after consulting with former ministers, he has appointed a team of high-powered lawyers to mount a defense. The chances...

Author: /time Magazine | Title: Pakistan's Activist Judges Target Musharraf | 7/25/2009 | See Source »

...action could trigger a fresh phase of political instability. "This is exactly what we were worried about," says the aide, speaking on condition of anonymity, in reference to Zardari's reluctance to reinstate Chaudhry and the judges sacked by Musharraf. (Zardari was forced to back down in the face of a crisis generated by nationwide protests led by lawyers.) "This judicial activism goes against our message of national reconciliation." During the 1990s, deposed civilian governments routinely found themselves dragged into court. "We don't want to a return to the politics of vengeance," says the Zardari aide...

Author: /time Magazine | Title: Pakistan's Activist Judges Target Musharraf | 7/25/2009 | See Source »

...government scheme introduced in January to facilitate the formidable process of founding a small business in France. The scheme cuts through the jungle of administrative red tape usually required to launch a company and dramatically lightens the heavy taxes and social charges other companies pay. While regular outfits face set charges whether business is booming or bust, auto-entrepreneurs are taxed only on revenue made. (See a TIME video on doing business in France...

Author: /time Magazine | Title: In France, a Government-Led Revolution in Entrepreneurship | 7/24/2009 | See Source »

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