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After a decade of excess, the bubble burst. Stocks tumbled in a flurry of panic, as financial institutions collapsed. Amid the turmoil, as the endowment’s prospects worsened, Harvard’s plans for expansion fell into doubt...

Author: By Noah M. Silver | Title: A Modern Mr. Harkness | 3/3/2009 | See Source »

...Amid thick morning traffic in Lahore's Liberty Square, the gunmen ambushed the bus as it approached the Gaddaffi cricket stadium. "I heard the attack and spun around," recalls Abdul Ghani Butt, 30, a foreign-currency dealer who was on his way to work at the time. "It was just like the Mumbai attacks. They were young, about 25-to-30 years of age, coming from different directions. Some were clean-shaven, others bearded. They were wearing tracksuits and carried backpacks. One of the men then put down his rocket launcher and pulled out a rifle. He changed the magazine...

Author: /time Magazine | Title: Attack on Sri Lankan Cricket Team: Echoes of Mumbai? | 3/3/2009 | See Source »

...roundabout lies one of the half a dozen police vehicles that were escorting the bus from the team's hotel to the stadium. The windscreen of the blue Punjab Elite Police pickup bears six large bullet holes. The roof is badly damaged. On the driver's seat, amid shards of glass, is a blood-stained cap belonging to one of the dead police officers. Blood is smeared across the steering wheel, and forms small pools in the backseat. Bullet casings lie nearby. According to eyewitnesses and police accounts, the police officers and the attackers were locked in a gun battle...

Author: /time Magazine | Title: Attack on Sri Lankan Cricket Team: Echoes of Mumbai? | 3/3/2009 | See Source »

...This is setting up a confrontation that pro-life Catholics will not walk away from." Bill Donohue, president of the Catholic League, criticizing Sebelius' stance on abortion amid early rumors of her being considered for the post...

Author: /time Magazine | Title: HHS Secretary: Kathleen Sebelius | 3/2/2009 | See Source »

Bangladesh is still reeling following the discovery of mass graves and evidence of cold-blooded execution of army officers who were killed amid last week's mutiny at the headquarters of the nation's paramilitary border security force, the Bangladesh Rifles (BDR). The body of Lt. Col. Golam Kibria was found floating through a sluice gate in a nearby sewer Monday morning, bringing the death toll to 74, with 70 more BDR commanding officers who were present at the headquarters when the mutiny occurred still missing and presumed dead. The mutineers initially raised demands related to their pay and conditions...

Author: /time Magazine | Title: After the Mutiny, Questions About Bangladesh's Army | 3/2/2009 | See Source »

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