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Lewis is a narcissist and a coward who spends as much of his time as possible defending himself in the media. He tried to excuse the mistake of buying Merrill Lynch by saying that the government forced him to close the transaction. As the sitting head of a public company...

Author: /time Magazine | Title: Ken Lewis Keeps His Day Job | 4/30/2009 | See Source »

The market continues to stage an improbable rally which should have been affected by concerns about the spread of the Swine flu virus and the fact that several large American banks may need tremendous infusions of capital. GDP numbers issued by the government were also shockingly bad. The economy contracted...

Author: /time Magazine | Title: The Fed: Things Will Get Better, If Everything Goes As Planned | 4/30/2009 | See Source »

Many of the people on our list made the cut on the basis of social innovation, activism or an ability to change people's lives for the better. But not everyone. Bernie Madoff is on this year's list. So is one of the world's most notorious drug dealers...

Author: /time Magazine | Title: Measuring Influence | 4/30/2009 | See Source »

It was only a joke. In mid-February, during backroom negotiations over the economic-stimulus package, Nebraska Senator Ben Nelson tried to cut the tension. He turned to the three Republicans in the room and said, "If only you'd consider switching sides, then we'd all be on the...

Author: /time Magazine | Title: Where Specter's Big Switch Leaves the Senate | 4/29/2009 | See Source »

On Monday, the court ruled on a petition filed by Jakia Nasim Ahesan, the widow of Ehsan Jafri, a legislator belonging to the Congress Party who was killed along with 38 people by a mob at his home in Ahmadabad, Gujarat's largest city. Ahesan accused Modi and 62 others...

Author: /time Magazine | Title: The Fiery Hindu Nationalist Who's Roiling Indian Politics | 4/29/2009 | See Source »

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