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...second term, a U.S.-led military intervention stopped the carnage in the former Yugoslav republic, followed by a peace deal forged by then Assistant Secretary of State Richard Holbrooke and signed in Dayton, Ohio. The deal, which carved Bosnia into two ethnically based statelets while retaining a weak common government, was so successful that vice-president-elect Joe Biden suggested it should be used as a model for ending the sectarian war in Iraq...

Author: /time Magazine | Title: Will Bosnia Test the Obama Administration? | 12/22/2008 | See Source »

Boston Bargain. Once a former jail, the The Liberty Hotel in Boston, has got a criminal deal right now. The "Winter Wonderland" package includes a walking map from Beacon Hill to Boston Common, tickets to the Frog Pond skating rink in the Common and, for when you return to the hotel, a complimentary in-room movie and two hot toddies. Finish off your stay with breakfast for two. Rates start at $345, through Feb. 28, 2009. 215 Charles Street, Boston...

Author: /time Magazine | Title: Travel News: 10 Hotel Deals You Can't Afford to Miss | 12/19/2008 | See Source »

...Mumbai Attacks Another heinous act of terrorism has been committed in India [The World, Dec. 8]. It is disgusting to observe that our political leaders, instead of rising above political lines in the fight against this common evil and cooperating in the investigations, indulge in political oneupmanship with an eye on the forthcoming elections. A great tragedy, apart from the loss of a large number of innocent lives, is the killing of the chief of the Anti-Terrorism Squad, Hemant Karkare. He was heading up the investigations into earlier bomb blasts and had started to reveal some startling information...

Author: /time Magazine | Title: Detainees' Rights | 12/18/2008 | See Source »

...Accountant Ronald Niemaszyk, whose firm, Jordan Patke & Associates, specializes in reviewing the books of hedge funds, agrees that in many cases it is common to rely on brokerage statements when auditing funds. But in this case, Niemaszyk says, the auditors most likely should have looked deeper. "You have to look at the auditors' work that you are relying on," he says. What's more, Madoff acted as his own broker instead of going through another firm...

Author: /time Magazine | Title: The Madoff Fraud: How Culpable Were the Auditors? | 12/17/2008 | See Source »

...between President No. 41 and the assassination of President No. 35. He also connects the dots between the Bushes and Watergate, which he farfetchedly describes not as a ham-handed act of political espionage but as a carefully orchestrated farce designed to take down President Richard Nixon. It's common knowledge that the Bushes sit at the intersection of America's business and intelligence communities, but Baker takes it further: he sees them as part of a "globally reaching, fundamentally amoral, financial-intelligence-resource apparatus that has never before been properly documented...

Author: /time Magazine | Title: Family of Secrets | 12/17/2008 | See Source »

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