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...Reasonable Plan Gone AwryObama and Holder met after Obama was elected to the Senate in 2004; three years later, when Obama launched his bid for the presidency, he tapped Holder to be co-chair of his campaign. Holder co-headed Obama's vice-presidential search in the summer of 2008, and the two have remained close and socialize often. "It's an asset to be close to the President," says Jamie Gorelick, an old friend of Holder's and a former Justice Department official, "and to have a sense of how your actions will align with his judgments." Holder...

Author: /time Magazine | Title: Eric Holder's Trials and Tribulations | 3/29/2010 | See Source »

...bid to help the U.S. keep up with global competitors in high-speed Internet access, Federal Communications Commission officials announced a sweeping proposal to extend broadband connections across the country and boost speeds to up to 25 times the current national average. The National Broadband Plan would connect 100 million U.S. households to affordable Internet service over the next decade. With 93 million Americans currently unable to get a high-speed connection at home, the U.S. ranks 12th globally in broadband connectivity...

Author: /time Magazine | Title: The World | 3/29/2010 | See Source »

...Socialist, Europe Ecology and Leftist Front parties took a combined 47%. Pollsters expect a similar result in the second round of voting, which is scheduled for March 21. The elections, held in each of France's 22 regions, are the last contest before Sarkozy's expected 2012 re-election bid...

Author: /time Magazine | Title: The World | 3/29/2010 | See Source »

...while the Big Green may not be nationally ranked, it has beaten a respected squad in Colgate and can still make a push for a bid to the Ivy League tournament...

Author: By Christina C. Mcclintock, CRIMSON STAFF WRITER | Title: Tussle With Big Green Looms | 3/26/2010 | See Source »

...investment in cancer-drug maker ImClone Systems. The corporate raider jumped into the stock in 2006, launched a nasty proxy fight, strong-armed the board into rejecting a $36-a-share takeover offer and assumed the post of chairman. Two years later, the company accepted a $70-a-share bid from Eli Lilly & Co. "I felt vindicated," boasted Icahn at the time. Then there was National Energy Group, where he turned a $300 million investment in the company in 2003 into a $1.5 billion payoff when it was sold in 2006, according to Icahn. (See the top 10 bankruptcies...

Author: /time Magazine | Title: Why Carl Icahn Is Wagering Big on Casinos | 3/23/2010 | See Source »

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