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...Over a year and a half ago, Moeen's army waded into a turbulent political crisis, postponed parliamentary elections and helped install a caretaker government of state-appointed bureaucrats known as "advisers," headed by a former World Bank executive, Fakhruddin Ahmed. Since then, Bangladesh has remained under emergency rule: civil liberties have taken a hit and thousands of suspected troublemakers picked up in midnight sweeps. Behind all this, it's commonly understood that Moeen and the military really run the show. The Harvard-trained general was made army chief just under three years ago and is coy about the extent...

Author: /time Magazine | Title: General Command | 6/19/2008 | See Source »

...widely accepted and applauded at first. In the run-up to parliamentary elections, Zia's incumbent government attempted to manipulate the democratic process. Mass protests from the AL plunged the country into chaos and nationwide hartals, or strikes, paralyzed the country. Such was the exasperation of members of civil society and the international community at the time that, according to an April report of the International Crisis Group, diplomats from a number of Western countries, including the U.S., secretly urged Moeen to intervene. Though Moeen insists he and his top brass are operating purely "in aid of civil power" until...

Author: /time Magazine | Title: General Command | 6/19/2008 | See Source »

...executives to come clean. Some may have feared inciting a panic like the one at Bear Stearns. I asked Einhorn whether he worried about that. No, he said. "If you're running a financial firm, you need to run it in such a way that you can survive a civil discussion...

Author: /time Magazine | Title: The Crusading Hedge-Fund Manager | 6/19/2008 | See Source »

...Emancipation Proclamation, which went into effect on Jan. 1, 1863, did no such thing - or, at least, it didn't do a very good job of it. Two and a half years later, on June 19, 1865, Union soldiers sailed into Galveston, Texas, announced the end of the Civil War, and read aloud a general order freeing the quarter-million slaves residing in the state. It's likely that none of them had any idea that they had actually been freed more than two years before. It was truly a day of mass emancipation. It has become known as Juneteenth...

Author: /time Magazine | Title: Juneteenth | 6/18/2008 | See Source »

...would expect from an unofficial holiday, its popularity has waxed and waned over the decades. It fell from favor during the civil rights struggles of the 1950s and '60s, as African Americans looked more to change their future rather than focus on the past. Following a resurgence in popularity in the '70s, however, Texas state legislator Al Edwards in 1979 introduced a bill to make Juneteenth a state holiday; the first state-approved celebration took place the following year. Edwards, sometimes referred to as the father of Juneteenth (and less well known for his support in 2005 of a bill...

Author: /time Magazine | Title: Juneteenth | 6/18/2008 | See Source »

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