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...Judging by every metric, decriminalization in Portugal has been a resounding success," says Glenn Greenwald, an attorney, author and fluent Portuguese speaker, who conducted the research. "It has enabled the Portuguese government to manage and control the drug problem far better than virtually every other Western country does...

Author: /time Magazine | Title: Drugs in Portugal: Did Decriminalization Work? | 4/26/2009 | See Source »

...case in point is the conversation that Ken Lewis, CEO of Bank of America (BAC), says that he had with former Treasury Secretary Henry Paulson. According to information released by NY State Attorney General and governor-in-waiting Andrew Cuomo, Lewis was threatened by Paulson who told him that the entire B of A board would be dumped if the bank backed out of a deal to buy Merrill Lynch. Passing the blame, Paulson claimed he was merely doing the dirty work of Fed chief Ben Bernanke. Bernanke has tried to distance himself from the event. The press has used...

Author: /time Magazine | Title: The Waterboarding Of Ken Lewis | 4/24/2009 | See Source »

...Paso itself has been relatively unscathed by the drug wars, in part because the cartels don't want to jeopardize their trafficking corridors on the border's U.S. side. Still, cartel-associated violence is beginning to reach into U.S. cities from the Sun Belt to the Pacific Northwest. Attorney General Eric Holder, who visited Mexico City in April with Homeland Security Secretary Janet Napolitano, has called Mexico's drug savagery a "national security threat...

Author: /time Magazine | Title: On the Bloody Border: Mexico's Drug Wars | 4/23/2009 | See Source »

Jerome Kurtz, the independent attorney retained by Harvard to investigate the HMC practices and a former Internal Revenue Service commissioner, said he does not recall Rose or his concerns, though “that doesn’t mean it didn’t happen.” He added that he only remembers being hired to examine compensation arrangements with some of the investment managers, though he verified that signatures on correspondence with Rose regarding the concerns were indeed...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Tax Concerns Aided Federal Inquiries | 4/23/2009 | See Source »

...Newsom, whose mayoral term has seen the admission of both an affair with a friend's wife and an alcohol abuse problem, will face stiff competition in his quest for the governor's mansion. Likely opponents for the Democratic nomination include state attorney general Jerry Brown (also a former governor), former eBay CEO Meg Whitman and Los Angeles Mayor Antonio Villaraigosa. But Newsom has shattered expectations before, particularly those predicting he would be a centrist mayor disloyal to San Francisco's liberal tradition. (See TIME's White House Photo Blog...

Author: /time Magazine | Title: San Francisco Mayor Gavin Newsom | 4/23/2009 | See Source »

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