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...company was returning to financial health. The deal would also remove much of the government's pay restrictions on the bank. "These actions move us closer to ending a very difficult period for our company," wrote Pandit in an internal memo to Citi employees. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Citi's TARP Repayment: The Downside for a Troubled Bank | 12/15/2009 | See Source »

...deputy in the Interior Ministry, and Maria Augusta Calle, a television journalist and currently a legislator for Correa's Alianza PAIS political movement. All deny supporting the guerrillas. At the same time, however, the report is certain to come under scrutiny for the way it insulates Correa from blame. (It also finds no wrongdoing by any of his current officials.) "If we have pedophile priests, it doesn't mean the Pope is a pedophile," Huerta argued to reporters...

Author: /time Magazine | Title: Ecuador Officials Linked to Colombia Rebels | 12/15/2009 | See Source »

...Although Army officials don't blame the spike on repeated deployments to war zones, evidence is mounting to the contrary. Only about a third of Army suicides happen in war zones, officials note, and another third are among personnel who had never deployed. But that means two-thirds of Army suicides have deployed, many returning home with mental scars that make them prone to take their own lives, the Army's No. 2 officer said last week. (See pictures of an Army town's struggle with PTSD...

Author: /time Magazine | Title: A Mounting Suicide Rate Prompts an Army Response | 12/14/2009 | See Source »

...stunt," says an executive at one of the banks that will be getting a dressing-down at the White House meeting. Executives from Goldman Sachs, JPMorgan Chase, Bank of America and Wells Fargo are expected to be among those in attendance. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Obama vs. the Banks: The Pressure Intensifies | 12/13/2009 | See Source »

...Despite their fears, Netanyahu's settlement freeze may actually help save the homes of the very people demonstrating against him. Already, the Israeli Prime Minister has used his gesture to blame the deadlock in the peace process on Palestinian Authority President Mahmoud Abbas, who despite U.S. prodding has refused to restart peace talks as long as settlement construction continues in East Jerusalem. (Netanyahu has exempted Jerusalem from his freeze, claiming all of the Holy City as Israel's and refusing to negotiate over its status...

Author: /time Magazine | Title: Protests Mount Against Israel's Settlement Freeze | 12/11/2009 | See Source »

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