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...enjoyed the hospitality of Rothschild, an old university chum, in Corfu and attended, with Mandelson and a heady mix of the powerful and the outrageously loaded, Elisabeth Murdoch's 40th birthday dinner on the island. That's exactly the sort of high life former Prime Minister Tony Blair notoriously enjoyed during his tenure in Downing Street. Blair's vacations with well-heeled new best friends, from Italian media magnate-turned-premier Silvio Berlusconi to Robin Gibb of the Bee Gees, played badly back home. But how much worse it looks for high-born Osborne in this new age of austerity...

Author: /time Magazine | Title: Corfugate Scandal Cheers Gloomy Britons | 10/24/2008 | See Source »

...irony is that nobody would have been any the wiser if Osborne had not leaked the content of a private conversation with Mandelson to a journalist. Mandelson, he said, had "dripped pure poison" about Blair's successor, Brown. In the normal course of events, that would scarcely have merited a paragraph in the British press. Mandelson and Brown had been embroiled in bitter feuding since the mid 1990s, when Mandelson backed Blair over Brown for the Labour leadership. But Brown's surprise move to recall Mandelson to government trained the spotlight back on their relationship...

Author: /time Magazine | Title: Corfugate Scandal Cheers Gloomy Britons | 10/24/2008 | See Source »

...Mandelson twice served in Blair's Cabinet and twice resigned over imbroglios with rich men. He stood down in 1998 after taking a loan from a millionaire colleague to buy a posh house and left government a second time in 2001 after claims, fiercely denied and later dismissed by an enquiry, that he improperly intervened to help a mega-rich Indian entrepreneur seeking British citizenship...

Author: /time Magazine | Title: Corfugate Scandal Cheers Gloomy Britons | 10/24/2008 | See Source »

...noninterventionist and keen to cosset the rich, believing their wealth would trickle down to the wider economy. Brown also championed a new governance system for financial services that he and other politicians like to refer to as "light-touch" regulation. In June 2007, just days before he replaced Tony Blair as Prime Minister, Brown gave a rousing speech at the traditional black-tie dinner in Mansion House, the residence of the lord mayor of the City, brashly predicting an "era that history will record as the beginning of a new golden age for the City of London...

Author: /time Magazine | Title: London Falling | 10/23/2008 | See Source »

...plays have ranged from politically loaded docudramas, like David Hare's Stuff Happens--an account of the Bush Administration's run-up to the war, with a focus on British Prime Minister Tony Blair's role as overzealous cheerleader--to angry satire, like Embedded, a biting if overwrought send-up of the selling of the war, featuring Administration stand-ins with names like Rum-Rum and Gondola, written and directed by Tim Robbins for his L.A.-based Actors' Gang. The war has been a jumping-off point for psychological family drama (Christopher Shinn's Dying City, about a war widow...

Author: /time Magazine | Title: Stage Fight | 10/23/2008 | See Source »

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