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U.S. prosecutors portray Portillo, 58, as a man ready to exploit his presidency for illicit gain from the moment he took office. Preet Bharara, a U.S. attorney in Manhattan, says Portillo turned "the Guatemalan presidency into his personal ATM." Guatemalan media, quoting Guatemalan government sources, have reported that Portillo's...

Author: /time Magazine | Title: Ex-Guatemala President to Be Tried in U.S. | 3/18/2010 | See Source »

In the Taiwan case, according to the U.S. indictment, Portillo took three checks in 2000 from the Taiwanese government that were earmarked for Guatemala's Libraries for Peace program and deposited them in an account at Hamilton Bank in Miami that was held by a political supporter and friend. He...

Author: /time Magazine | Title: Ex-Guatemala President to Be Tried in U.S. | 3/18/2010 | See Source »

Concerns have arisen about public buildings, including government-controlled banks, being targeted for arson. Sporadic explosions began on Monday night. "This is nothing," said Setareh, a 25-year-old graduate student in English studies, the night before the festival. Tuesday, she predicted, "will feel like you're in Gaza." Police...

Author: /time Magazine | Title: In Iran, a Street Demonstration That Both Sides Stay Away From | 3/16/2010 | See Source »

It's about as compelling an image as you'll find in popular fiction, fusing the divine and the debased, the psychological and the theological, into a single rich, strange tableau that transmits a shock of truth. The institutions that we're used to thinking of as numinous and divine...

Author: /time Magazine | Title: Angelology: Wings of Desire | 3/15/2010 | See Source »

The stars, in other words, were not exactly aligned for a backroom bipartisan deal. Dodd tried anyway - first with Richard Shelby, the ranking Republican on his committee, and after that crashed and burned, with Corker, a junior member of the committee who seemed more open to a compromise. Over the...

Author: /time Magazine | Title: Why the Dems Need to Hang Tough on Financial Reform | 3/13/2010 | See Source »

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