COVER

How AIG Became Too Big to Fail

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

COMMENTARY

NATO: Soldiering On

Sixty years after its founding, and with the Cold War a distant memory, NATO remains strong

The G20's Chance Meeting

At the upcoming G20 summit in London, the world's leaders need to stop talking and start delivering

BUSINESS

Why It's Getting Harder to Evade Taxes

The financial crisis has hit growth, shredded jobs and slammed stock prices. Now comes an upside: offshore centers from Singapore to Switzerland have finally agreed to share more information

LIFE

New Dolls on the Block (Toys)

Special-needs dolls are growing in popularity. Do they help children or promote stereotypes?

THEATER

Ian McKellen: The Player

Ian McKellen is the greatest British stage actor of his generation — though it took his onscreen turns to finally prove it

GLOBAL ADVISER

Capital Intensive (City Guide)

Recession may have taken off some of the shine, but Moscow can still dazzle

Getting Around (City Guide)

Here's what you need to know about traveling around the Russian capital

Side Trip (City Guide)

Take a contemplative stroll in Arkhangelskoye

Finding the Perfect Souvenir (City Guide)

Despite the many changes to sweep Russia in recent years, the only souvenir one must take home is still the famous matryoshka doll

Where to Stay (City Guide)

Experience life as it is lived by Russia's élite at Barvikha Hotel & Spa

LETTERS