Vol. 170 No. 7

COVER

The Threatening Storm (Cover Story / The Well / Special Report: New Orleans)
How years of misguided policies and bureaucratic bungling left New Orleans defenseless against Katrina--and why it may happen again

TO OUR READERS

Why We Returned to New Orleans
the country is still failing a great American city

ESSAY

Political Pariahs (Commentary)
How did the most powerful moderate group in the country get shunted aside? The activists took over

Nostra Culpa (Commentary)
Pundits and politicians have admitted to being wrong about Iraq. Shouldn't the American public do the same?

How Friends Make You Fat
genetics. You can now blame your paunch on your pals

NOTEBOOK

Milestones (Briefing)

Market Shakeup (Briefing / The Moment)
Anxious billionaires, a queasy silence on Wall Street. What's next?



Dashboard (Dashboard)

Numbers

Arming Iran's Enemies (Briefing / World Spotlight)

Fresh GOP Ethics Woes (Briefing / Washington Memo)

Verbatim

NATION

Why Bush Needs Gonzales (The Well / White House Memo)
How is the embattled Attorney General still clinging to his position? Because he's the President's last protection against an investigation of the Administration

WORLD

A Sort of Peace in Gaza (The Well / World)
Hamas controls the streets, but Israel's stranglehold remains as tight as ever

SOCIETY

Get Ready for Rent-a-Pet (Life: Fashion - Living - Business - Life After Work - The Power Of One / Living)
Too busy to care for a pet full-time? A new company lets animal lovers share, though some activists don't want you to

BUSINESS

The New China Syndrome (Life: Fashion - Living - Business - Life After Work - The Power Of One / The Curious Capitalist)
A currency battle with Beijing is getting ugly. A story of exchange rates, trade and distrust

Turning Savings into a Start-Up (Life: Fashion - Living - Business - Life After Work - The Power Of One / Life After Work)
More retirees are using nest eggs to fund a new career. Here's how to take the risk safely

SCIENCE

When Worry Hijacks The Brain (The Well / Science)
Few things imprison a mind quite like obsessive -compulsive disorder, but better treatments are breaking its hold

ARTS & ENTERTAINMENT

How the Bourne Boys Keep it Real (Arts: Movies - The Big Picture / Movies)
Matt Damon and Paul Greengrass find gritty truth in a summer action franchise

Paper, Plastic or Prada? (Life: Fashion - Living - Business - Life After Work - The Power Of One / Fashion)
Grocery shopping gets chic with eco-friendly designer totes to bag your greens

Woman, Man, Death, God (Appreciation)

(Downtime)
What you should see, what you should hear and what you might just as well skip

PEOPLE

10 Questions for Sir Ben Kingsley
From Holocaust survivor to criminal brute, challenging roles have defined this Oscar winner's acting career. Next up: a turn as a Roman shaman in The Last Legion. Sir Ben Kingsley will now take your questions

ALSO IN THIS ISSUE

Volume Control (Global Business: Investing - Marketing - China / Marketing)
Retailers are using the power of sound as a subtle sales tool

The Next Nobel? (Science / The Power Of One)
How an upstart philanthropist found a way to rev up tomorrow's hottest fields of inquiry

Enter the Dragon (Global Business: Investing - Marketing - China / China)
With more than a trillion dollars of cash on hand, China is a formidable new force in global finance

Hedge Fund Confidential (Global Business: Investing - Marketing - China / Investing)
When the most secretive traders gather, the cocktail talk could be worth billions

LETTERS