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...landing the plane in the river and then making sure that everybody got out. He walked the plane twice after everybody else was off and tried to verify that there was nobody else onboard, and he ... made sure that there was nobody behind him." - New York City Mayor Michael Bloomberg, at a post-crash press conference, lauding Sullenberger's performance...

Author: /time Magazine | Title: Chesley B. Sullenberger III | 1/16/2009 | See Source »

...approaching it like it was a runway until it hit the water, and then you didn't know what to expect. Thank God it stayed in one piece and just slid along its belly." At a press conference soon after the incident, New York City Mayor Michael Bloomberg said that the plane's pilot Chesley Sullenberger, 57, who used to fly F-4 aircraft for the U.S. Air Force, walked up and down the aisle twice to make sure no one was left on the plane...

Author: /time Magazine | Title: Plane in the Water: How Flight 1549 Averted Tragedy | 1/15/2009 | See Source »

...Generally, hedge-fund managers are loath to endorse more regulation, but even Chris Kundro, co-chief executive officer at New York City-based LaCrosse Global Fund Services, which manages $13 billion in assets for its clients, believes the Madoff case "has changed things." Kundro told Bloomberg TV last week that the Madoff fraud was a unique situation that added to the overall crisis in investor confidence. Since Madoff, Kundro said, there is "now a fundamental shift in thinking that some regulation may be needed for feeder funds...

Author: /time Magazine | Title: Bernie Madoff's Victims: Why Some Have No Recourse | 1/12/2009 | See Source »

...selection demonstrates real commitment to changing Washington by ensuring lofty campaign ideals are not forgotten when governing begins." - New York City Mayor Michael Bloomberg, on Killefer's appointment, Washington Post...

Author: /time Magazine | Title: Chief Performance Officer: Nancy Killefer | 1/9/2009 | See Source »

...thought a month ago. Just this week, Germany's three-year job boom came to a screeching halt when the labor office reported that in December unemployment rose by a seasonally adjusted 18,000, nearly twice the level predicted in a poll of 30 economists by the news agency Bloomberg. It was the first increase in joblessness since February 2006. "The economic crisis has reached the labor market," said Frank-Juergen Weise, head of the Labor Agency. On Thursday, the government reported that German exports, the main driver of the country's economy, plunged 10.6% in November from the month...

Author: /time Magazine | Title: Merkel Moves to Heat Up German Economy | 1/8/2009 | See Source »

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