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...work they do. The reports they issue aren't meant for public consumption - the Red Cross is supposed to discreetly visit prisoners and submit reports only to host governments. In the case of prisoners held by the United States in the war on terror, that would be the executive branch. The point of the Red Cross's discreet approach is to ensure that the organization remains neutral in a given conflict and doesn't jeopardize its access to prisoners by publicly embarrassing governments...The Red Cross relies on secrecy as much as the CIA does. It might be called...

Author: /time Magazine | Title: Blank Spots on the Map | 2/4/2009 | See Source »

Unfortunately, Markopolos said, his report was sent down to the SEC's New York branch chief Meaghan Cheung, whom he said "never grasped" the concepts "nor was the slightest bit interested in asking questions...

Author: /time Magazine | Title: A Madoff Whistle-Blower Tells His Story | 2/4/2009 | See Source »

...disastrous meetings" with SEC enforcement chiefs. It was in 2005 when Markopolos wrote his now famous and lengthy report detailing Madoff's giant Ponzi scheme and pointing out 29 red flags. He sent it to the SEC, and nothing happened. But when he finally met the SEC's Boston branch chief, Mike Garrity, who had a willingness to "think outside the box," he felt some hope...

Author: /time Magazine | Title: A Madoff Whistle-Blower Tells His Story | 2/4/2009 | See Source »

...post looks like a nod to his campaign promise of bipartisan governance. On Feb. 3, Obama reached across the aisle to tap Judd Gregg, a three-term GOP Senator from New Hampshire who, if confirmed, would be the third Republican in the Obama Cabinet. But Obama's latest olive branch is also a political calculation. While Gregg wielded significant power as the ranking member of the Senate Budget Committee, the Commerce Department is viewed as a Cabinet backwater-a notion bolstered by Gregg himself, who in 1995 supported a nonbinding resolution that would abolish the very department he has agreed...

Author: /time Magazine | Title: Commerce Secretary Judd Gregg | 2/4/2009 | See Source »

...White House, but their potential to see much of their agenda passed rests on their ability to get along. Past Speakers - most notably Democrat Tip O'Neill, whose intraparty bouts with Jimmy Carter were legendary - have squandered similarly powerful party perches when they've turned on the Executive Branch. "All marriages have ups and downs, but Obama will ultimately win. He is President with significant political capital," says James Thurber, founder of American University's Center for Congressional and Presidential Studies. "And he must build cross-party support, something Pelosi does not excel...

Author: /time Magazine | Title: Obama vs. Pelosi: Can the President Work with the Democrats? | 2/4/2009 | See Source »

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