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...sense that he was duplicitous, beyond the fact that he was conducting an extramarital affair? No, there was no reason for me to believe that. You have to understand, I had all my money with him. He had a huge reputation; he was chairman of Nasdaq and had a very successful brokerage firm. This wasn't a back-alley type...

Author: /time Magazine | Title: Bernie Madoff's Mistress Speaks | 8/26/2009 | See Source »

...Foreign Relations chairman that Kerry has become most influential. A relationship with Syrian President Bashar Assad, forged in 2005, helped Kerry play the key role in thawing U.S.-Syrian relations after the White House renewed Bush-era sanctions on Damascus in May. With Lugar, he shepherded a $1.5 billion nonmilitary-aid package to Pakistan last spring. His support is also vital to Obama's surge strategy in Afghanistan; though he voted to send more troops earlier this year, Kerry now wonders whether the Administration has a clear agenda there. "I'm very concerned about Afghanistan's footprint," he says...

Author: /time Magazine | Title: John Kerry: Back in the Hunt | 8/26/2009 | See Source »

...heart. Over the past year, the junior Senator from Massachusetts has become the man to see. Health-care talks are stalling? Kerry's got a way to fix the financing. The climate-change bill faces an uphill battle in the Senate? Kerry's leading the negotiations. And as chairman of the Foreign Relations Committee, he has stepped out overseas - and across the aisle in the Senate - to get things done. In a town where second acts are rare, Kerry, 65, has found a new groove. "I think," Republican Senator Richard Lugar of Indiana says, "at least as I have watched...

Author: /time Magazine | Title: John Kerry: Back in the Hunt | 8/26/2009 | See Source »

...Kerry has also emerged as a problem solver on health care. The Obama Administration had rejected Senate Finance Committee chairman Max Baucus' idea to tax some health-care benefits because it would raise taxes on the middle class. When Baucus' panel came up $320 billion short of paying for its proposed reforms, Kerry suggested taxing insurers that offer high-end plans - those worth more than $9,000 a year for individuals or $25,000 a year for families - in order to raise $145 billion. It was an idea that he and then New Jersey Senator Bill Bradley, among others...

Author: /time Magazine | Title: John Kerry: Back in the Hunt | 8/26/2009 | See Source »

...chairman is often described as the second most powerful U.S. official; the main check on him is the first most powerful official's power not to reappoint him. That power won't be used this year, and it's easy to see why. But someday, a President may have to use it - no matter what the markets...

Author: /time Magazine | Title: Why Obama Reappointed Bernanke to the Fed | 8/25/2009 | See Source »

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