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...Eelam (LTTE), in a conflict that has claimed more than 65,000 lives. The Tigers, who pioneered the use of suicide bombers, are agitating for a separate homeland for Sri Lanka's ethnic Tamils--a response to decades of suppression of the country's largest minority. A cease-fire agreement signed in 2002 raised hopes that the bombings, assassinations and terrorism had finally come to an end. But the Tigers and the government failed to reach a meaningful political compromise and returned to war. President Mahinda Rajapaksa has promised a "military solution" to the Tamil question. He is almost there...

Author: /time Magazine | Title: A Personal Loss | 1/15/2009 | See Source »

Borrower's TaleWhen asked for a loan, it's O.K. to say no. But if you say yes, it's fine to ask for a repayment agreement in writing...

Author: /time Magazine | Title: A Recession Etiquette Lesson With: Peggy Post | 1/15/2009 | See Source »

...corporate parent - although Hearst, which owns 16 daily papers and another 16 magazines in the U.S., is one of the sturdier media giants. The P-I's main rival, the Seattle Times, is owned by a local family and is enmeshed with the P-I in a joint operating agreement. It, too, is in dire straits. Seattle, noted Horsey and others, could become the first major U.S. city without a daily newspaper...

Author: /time Magazine | Title: A Seattle Newspaper Writes Its Own Obituary | 1/15/2009 | See Source »

Despite the missing billions and plenty of how-could-this-have-happened awe in the media, the actual prosecution case against Madoff may be pretty straightforward. He has already admitted guilt to a federal agent. What's more, Madoff is reportedly trying to negotiate a plea agreement that could conclude the fraud case against him without a trial. But that's just the beginning of Litt's work. Madoff took as much as $50 billion from investors around the world, working with dozens of feeder funds and other middlemen to lure money into his scheme. Litt will have to decide...

Author: /time Magazine | Title: The Man Who Will Prosecute the Bernard Madoff Case | 1/14/2009 | See Source »

...Clinton answered by citing the lengthy memorandum of understanding negotiated between her staff and Obama's transition team last December as a condition for her being offered the job. That agreement specified that Bill Clinton would disclose all prior donors to the Clinton Foundation, provide an annual list of donors in the future and subject any proposed donations by foreign governments to a State Department ethics review...

Author: /time Magazine | Title: A Blip in Hillary Clinton's Senate Lovefest: Bill's Donations | 1/14/2009 | See Source »

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