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One wonders if there is a smutty equivalent to Nero's fiddling while Rome burns. If there is, it might be applicable to the senior staffers at the SEC who spent hours watching pornography on government computers instead of policing the nation's financial system.

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It's not clear whether the editors of Newsweek believe they hold any diplomatic power, but they've gone ahead and told Italy to "dump" its scandal magnet of a prime minister, Silvio Berlusconi, in the magazine's European edition this week. Let's see whether Time can top this.

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