COVER

How AIG Became Too Big to Fail (The Well / Cover Story)

Years of unregulated and risky deals exposed the insurance giant to catastrophic losses. Now it's paying bonuses to the same people who created the mess. With our money. A look at why a dark corner of the global economy is costing taxpayers $170 billion

The Upside of Anger (The Well / The Curious Capitalist)

Let's channel the AIG-bonus outrage into a real fix: a tax code that makes messmakers pay

ESSAY

NATION

How to Bring An End to the War Over Sex Ed (The Well / Society)

Teaching kids just about abstinence won't prevent teen pregnancies — and neither will focusing solely on safe sex. But one county in South Carolina is finding success by doing both

BRIEFING

ARTS & ENTERTAINMENT

The Good Soldier (Books)

This French epic of genocide and sodomy is the scandal of the season. Is it as shocking as they say?

BUSINESS

Arianna Huffington: The Web's New Oracle (The Well / Media)

How Arianna Huffington beat the media establishment at its own game using nothing but charm, friends, money, the Internet and other people's work

SOCIETY

Strong Suits (Life / Fashion)

Designers bring back sharp shoulders to pad sagging sales figures

SPECIAL SECTION

The TIME 100

To help select the world's most influential people, four previous honorees offer their nominations when asked, Who should be on this year's list?

The 2009 TIME 100 Finalists

Cast your vote for the leaders, artists, entrepreneurs and thinkers who deserve a spot on this year's TIME 100

WORLD

The Last Shopping Mall? New Jersey Awaits Xanadu (Postcard: East Rutherford)

Amid shopping-center closures across the country, the most expensive mall in U.S. history, New Jersey's Xanadu, plans to open its doors. Is it a shopping palace or a developers' nuthouse?

LETTERS