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...stars, in other words, were not exactly aligned for a backroom bipartisan deal. Dodd tried anyway - first with Richard Shelby, the ranking Republican on his committee, and after that crashed and burned, with Corker, a junior member of the committee who seemed more open to a compromise. Over the last several weeks, they did manage to reach agreement on some less controversial elements of reform, such as systemic risk regulation and rating agency liability, but it was never clear how they would bridge fundamental differences like the consumer agency, derivatives regulations and shareholder protections. When I spoke to Corker last...

Author: /time Magazine | Title: Why the Dems Need to Hang Tough on Financial Reform | 3/13/2010 | See Source »

...letter was seen as a blow to the independence of the state's education institutions, which normally have "a great deal of autonomy," says Kirsten Nelson, spokeswoman for the State Council of Higher Education for Virginia. "Changes must be made by the General Assembly. Without changes, historically it has been assumed that it is the will of the General Assembly that the institutions retain broad control of their governance." The Council will discuss this issue at their regularly planned meeting next week...

Author: /time Magazine | Title: Virginia Is for Lovers. But How About Gay Ones? | 3/11/2010 | See Source »

...Administration fighting off an indictment in the case. In July 2003, Wilson wrote an op-ed in the New York Times disputing Bush's claim that Iraq had tried to buy uranium from Niger. There was some exaggeration involved, but the bottom line was accurate. There was no uranium deal; Saddam didn't have a nuclear program. But Wilson's timing was exquisite: there was a growing realization that Bush's casus belli - WMD - was baloney. The White House went into panic mode, trying to discredit Wilson and rescue Bush's reputation; the outing of Plame made these efforts potentially...

Author: /time Magazine | Title: Karl Rove's Memoir: Act of Vengeance | 3/11/2010 | See Source »

...represent the gold? O'Rahilly seems affronted. "Gold will represent the gold," he snaps. "We're going to have a quarter of a million euros of real gold. Who is going to come to a museum to see a pile of gold-painted pebbles? And anyway, leprechauns don't deal in anything else." (See the top exhibitions...

Author: /time Magazine | Title: Ireland's New Museum for Leprechauns | 3/11/2010 | See Source »

...details of the E.U.'s bailout deal for Greece...

Author: /time Magazine | Title: Greek Austerity Measures Spark Rising Protests | 3/11/2010 | See Source »

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