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...liberal lending of the Celtic Tiger era came to an abrupt halt. To steady the ship, the government placed a blanket guarantee on deposits in six Irish banks last September. At the time, according to Finance Minister Brian Lenihan, it was "the cheapest bailout in the world." But that claim soon came back to haunt him. In December it emerged that Sean Fitzpatrick, the chairman of Anglo-Irish, the country's third biggest lender, had concealed from shareholders more than $100 million in personal loans by temporarily transferring the money to a building society. Amid public outcry over the scandal...

Author: /time Magazine | Title: Irish Angry Over Big Bailout of the Country's Banks | 10/26/2009 | See Source »

...behavior of his 22-year-old mistress, the influential Deadspin fired a wild shot at one of the world's most powerful sports brands. Deadspin editor A.J. Daulerio, feeling that an ESPN communications source had misled him about the truth of the Phillips story over a month ago (a claim that ESPN fiercely denies), took it upon himself to air alleged dirty laundry about ESPN employees. "It's probably about time to just unload the inbox of all the sordid rumors we've received over the years about various ESPN employees," he posted. "Chances are, at this point, there...

Author: /time Magazine | Title: Did Deadspin Hit ESPN Below the Belt? | 10/26/2009 | See Source »

...that we're engaged in. There are those who will suggest that moving toward clean energy will destroy our economy -- when it's the system we currently have that endangers our prosperity and prevents us from creating millions of new jobs. There are going to be those who cynically claim -- make cynical claims that contradict the overwhelming scientific evidence when it comes to climate change, claims whose only purpose is to defeat or delay the change that we know is necessary...

Author: By June Q. Wu | Title: Obama Disses Harvard, Pushes Clean Energy | 10/24/2009 | See Source »

...conflict has led to confusion at crime sites, arguments in front of state and local investigators, tit-for-tat recrimination and even a threat from the FBI to arrest an ATF agent. Each agency trains separately and has its own explosives database and lab. Agents race to explosions to claim the lead in investigations, and some managers are unclear about jurisdiction. According to the audit, two ambiguous memos in 2004 and 2008 failed to clarify the relationship. "These disputes can delay investigations, undermine federal and local relationships, and may project to local agency responders a disjointed federal response to explosives...

Author: /time Magazine | Title: It's Official: The ATF and FBI Don't Get Along | 10/24/2009 | See Source »

...agency officials claim that major conflicts have stopped and that recent disputes were isolated incidents. The auditors found otherwise: "We found explosives incident disputes between the FBI and ATF that were recent, significant and attributable to more than personality conflicts...

Author: /time Magazine | Title: It's Official: The ATF and FBI Don't Get Along | 10/24/2009 | See Source »

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