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Iavarone bought his piece of the horse from Paul Pompa, a New Jersey guy who runs a Brooklyn trucking company. Pompa was offered some $1.5 million extra for Big Brown from the stable run by Sheik Mohammed bin Rashid al-Maktoum, the ruler of Dubai, who doubles as the most powerful man in horse-racing. No one says no to the Sheik. But Pompa did, because he wanted to keep a 25% share in Big Brown. Before the Preakness, venerable Kentucky stud farm Three Chimneys bought Big Brown's breeding rights for upwards of $50 million, putting at least...

Author: /time Magazine | Title: Big Love for Big Brown | 5/22/2008 | See Source »

After an 18-month stalemate punctuated by recent violence, Lebanon's political factions reached a power-sharing deal that will install army General Michel Suleiman as President. The pact also grants significant new powers to militant group Hizballah, which drew criticism from Osama bin Laden in a recent audiotape for lacking the strength to battle Israel...

Author: /time Magazine | Title: The World | 5/22/2008 | See Source »

...Friday before the 2004 presidential election, Osama bin Laden released a videotape slamming George W. Bush, which more than a few people took as a tacit endorsement of John Kerry. The CIA saw it differently, though. According to Ron Suskind's fine book, The One Percent Doctrine, Deputy Director John McLaughlin said, "Bin Laden certainly did a nice favor today for the President." It seemed obvious to the top CIA analysts that bin Laden wanted to keep Bush - who had let the terrorists off the hook in Afghanistan and launched the war in Iraq, a great recruiting tool...

Author: /time Magazine | Title: Straw-Man Diplomacy | 5/22/2008 | See Source »

...years without trial, the Bush Administration has made clear it wants to put captives in the dock, specifically six high-value prisoners that included Qahtani as well as alleged 9/11 mastermind Khalid Sheik Mohammed. All told, five cases at Guantanamo are awaiting trial, with the first, that of Osama bin Laden's driver, scheduled to begin June...

Author: /time Magazine | Title: Why the Gitmo Cases Are in Disarray | 5/14/2008 | See Source »

...involving thousands of U.S. personnel at sea off the Somali coast, as well as U.S. warplanes and special forces. He was believed to have been wounded in that attack, but resurfaced two months later to urge Somalis to fight the Ethiopian occupiers. Last November, he issued another proclamation, hailing bin Laden and calling on Somalis to target Ugandan peacekeepers and to pursue the Ethiopians to Addis Ababa, where he said they should behead their women and children...

Author: /time Magazine | Title: U.S. Kills Bin Laden's Man in Somalia | 5/1/2008 | See Source »

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