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...personal. Lobbying firms and organizations are overwhelmingly composed of former House and Senate staffers of both parties and even former Congressmen and Senators. Take the health care debate as an example. The Senate health care bill was largely the baby of Senator Max Baucus, who, as Finance Committee chairman, had jurisdiction over the issue. Health industry interests, including pharmaceutical and insurance companies, hired a total of seven former Baucus aides to lobby him, including at least two of his former chiefs of staff. In total, the Washington Post counted at least 51 former staffers connected to the Finance Committee working...

Author: By Dylan R. Matthews | Title: The Limits of Good Government | 2/17/2010 | See Source »

...freeing of 82-year-old Tin Oo, vice chairman of the National League for Democracy, from seven years of prison and then house arrest "does not in any way signal a shift in attitude on the part of the government," said Benjamin Zawacki, a Thailand-based researcher with Amnesty International. "Like all prisoners of conscience in Myanmar [Burma], he never should have been arrested in the first place...

Author: /time Magazine | Title: Burma's Prison Release: Reading Between the Lines | 2/16/2010 | See Source »

Those with healthy balance sheets, however, see a silver lining. Basil Stephanis, president of Selonda, a $167 million aquaculture company with fish farms in Greece, Turkey and Wales, says Greece's woes are "an opportunity to consolidate and buy up companies with liquidity problems." Constantine Petropoulos, chairman of Petros Petropoulos, a $158 million firm that sells cars, automotive supplies and industrial equipment, also plans to beef up his portfolio. "We will acquire businesses that we wouldn't have ever been able to consider in better times," he says...

Author: /time Magazine | Title: Greek Tragedy: Athens' Financial Woes | 2/15/2010 | See Source »

...potential for future investment - in tourism and renewable energy in particular - is promising. Wind-energy generation alone is expected to increase fivefold in the next decade. "The new Greek government seems determined to push the 'green economy' and is taking measures in the right direction," says George Peristeris, executive chairman of GEK TERNA Group, one of Greece's largest construction and energy companies. "But changes must be radical and drastic if Greece wants to achieve its goals...

Author: /time Magazine | Title: Greek Tragedy: Athens' Financial Woes | 2/15/2010 | See Source »

...significant holes in our protection," Democratic Senator Carl Levin, the chairman of the Senate Homeland Security panel, said in discussing the findings. "A key point here is that even though our banks have become more vigilant and they've created barriers against dirty money, foreign officials still get access to our financial system...

Author: /time Magazine | Title: How U.S. Legal Loopholes Are Aiding Money Launderers | 2/15/2010 | See Source »

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