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...financial firms has restarted the Wall Street hiring machine. And former executives from the firms that stumbled in the financial crisis are turning out to be hot commodities. Merrill Lynch is not alone. The failures of Lehman Brothers and Bear Stearns have produced hunting grounds for other firms as well. But either because Merrill was a larger firm or because it didn't have as big a role in sparking the credit crisis as Lehman or Bear, it seems that no firm on Wall Street these days is without a former top executive from Merrill Lynch...

Author: /time Magazine | Title: Merrill Lynch on Your Résumé? No Problem | 2/9/2010 | See Source »

...This was well known, and not something he attempted to hide, even from senior leaders. Many of the men by this point hated Iraqis and would offhandedly opine that the whole country needed to be leveled, or the only good Iraqi was a dead Iraqi. But only Green talked about killing Iraqis all the time, incessantly, obsessively...

Author: /time Magazine | Title: The Downward Spiral of Private Steven Green | 2/8/2010 | See Source »

...diagnosed him with Combat Operational Stress Reaction (COSR), an Army term to describe typical and transient reactions to the stresses of warfare. COSR is not a condition recognized by the Diagnostic and Statistical Manual of Mental Disorders-IV, the bible of the psychiatry profession, something the Army is well aware of, since it doesn't even consider COSR an ailment. As one Army journal article puts it, "Those with COSR are not referred to as 'patients,' but are described as having 'normal reactions to an abnormal event.' " Thus Marrs, believing Green's psychological state to be normal, prescribed...

Author: /time Magazine | Title: The Downward Spiral of Private Steven Green | 2/8/2010 | See Source »

...hasn't been a banner few weeks for U.S.-China relations. In mid-January, Google announced that it was contemplating pulling out of China because of repeated attacks on its network as well as censorship constraints. In the past week, the U.S. government authorized $6 billion in arms sales to Taiwan, and the White House announced that President Obama would meet with the Dalai Lama after having postponed that visit last fall on the eve of Obama's trip to China...

Author: /time Magazine | Title: U.S.-China Friction: Why Neither Side Can Afford a Split | 2/8/2010 | See Source »

...relative strength has attracted considerable attention. From Washington to Tokyo to Davos, global business leaders are hailing China's resilience and calling on Beijing to take a greater role in governing the global economy. Its model of state-driven capitalism, having weathered the storm, has won widespread praise (as well as criticism), and slowly Chinese leaders have taken note. Now there are signs that all the talk of the Chinese miracle has started to have an effect - and not a good one. (See TIME's special report on Davos...

Author: /time Magazine | Title: U.S.-China Friction: Why Neither Side Can Afford a Split | 2/8/2010 | See Source »

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