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...time to consult their attorneys and deliberate the legal risks, and moral ethics, of publishing controversial stories. Daulerio says a Gawker lawyer did not look at his posts before he published them. In fact, Gawker founder Nick Denton recently sent a memo to his staff imploring them to act less like traditional media. "Let's check to see whether the associated claim is true," Denton wrote. "But we should publish anyway, making clear what we know to be true and what remains up in the air ... There's no way we're going to slow our publishing schedule to that...

Author: /time Magazine | Title: Did Deadspin Hit ESPN Below the Belt? | 10/26/2009 | See Source »

...Reserve failed to rein in mortgage-lending, while regulatory agencies like the Office of Thrift Supervision allowed banks to make loans without adequate capital. But the FDIC has the final say on when and how to close a bank, and some believe it has been waiting too long to act, adding to the cost of failures. Regulators labeled Chicago-based Corus Bank critically undercapitalized in March, but it took the FDIC until mid-September to shut it down--a closure that could cost the FDIC $1.7 billion...

Author: /time Magazine | Title: Spotlight: Bank Failures | 10/26/2009 | See Source »

...this energy issue that we're facing. And implicit in this argument is the sense that somehow we've lost something important -- that fighting American spirit, that willingness to tackle hard challenges, that determination to see those challenges to the end, that we can solve problems, that we can act collectively, that somehow that is something of the past...

Author: By June Q. Wu | Title: Obama Disses Harvard, Pushes Clean Energy | 10/24/2009 | See Source »

...even as we're investing in technologies that exist today, we're also investing in the science that will produce the technologies of tomorrow. The Recovery Act provides the largest single boost in scientific research in history. Let me repeat that: The Recovery Act, the stimulus bill represents the largest single boost in scientific research in history. (Applause.) An increase -- that's an increase in funding that's already making a difference right here on this campus. And my budget also makes the research and experimentation tax credit permanent -- a tax credit that spurs innovation and jobs, adding...

Author: By June Q. Wu | Title: Obama Disses Harvard, Pushes Clean Energy | 10/24/2009 | See Source »

...talks, and his demand to turn Germany into a nuclear weapon-free zone may have been agreed partly to assuage the sting of compromise. Merkel said that she would be seeking the withdrawal within the context of NATO, rather than as a unilateral measure. "We don't want to act in this matter on our own," she said. (See a pictorial history of the rise and fall of the Berlin Wall...

Author: /time Magazine | Title: Germany to U.S.: Take Away Your Nukes! | 10/24/2009 | See Source »

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