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...budgeted in an emergency section of the city budget, other expenses like traffic control, sanitation and street services are not. She says she approached the Jackson family for their ideas about paying some of the bills. "I did reach out," she says. "I said, 'Is there any way to direct me to people who can assist, in Michael's memory, in deferring the cost of this event...

Author: /time Magazine | Title: L.A. Gears Up for Star-Studded Michael Jackson Memorial | 7/7/2009 | See Source »

...waterway, while Saudi Arabia - the world's biggest producer - exports half its oil through the strait, the remainder going overland through a pipeline. Since the strait's narrowest point is just 29 nautical miles wide, sinking a couple of tankers may be for Iran a preferable option to launching direct military retaliation against Israel, for which the consequences could be far harsher...

Author: /time Magazine | Title: Oil Shocks: Biden, Iran and Fears of Another Price Jump | 7/7/2009 | See Source »

According to Vanderbilt spokeswoman Elizabeth L. Latt, Vanderbilt's CFO does not have direct oversight of the university's endowment, which had experienced a 16 percent decline as of December. Rather, the CFO manages the more "day-to-day" finances by dealing with specific units across the University...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERS | Title: FAS Finance Dean To Depart After Less Than A Year | 7/3/2009 | See Source »

...convention idea is already caught up in the politics of Proposition 13. A draft initiative for such a convention reads: "Delegates to the convention shall be prohibited from considering and proposing revisions to the Constitution that would affect (a) Property taxes associated with Proposition 13. (b) Any other direct increase in taxes." Yet for many liberals, modifying Proposition 13 would be one of the central reasons for holding a constitutional convention. Mark Paul, a scholar with the non-partisan New America Foundation, says, "It's silly to have a conversation about the future of California without talking about Proposition...

Author: /time Magazine | Title: California's Budget Crisis: Is There a Way Out? | 7/2/2009 | See Source »

...situation is complicated by Obama's attempt to turn a new page in U.S. relations with Tehran, including seeking its cooperation in efforts to stabilize Afghanistan and Iraq. So far, the U.S. President has been measured in his response to Iran's elections, and has escaped direct criticism from the Iranian regime. With Obama now a more elusive target, Iran has redirected the full force of its anger at the E.U. (See pictures of the legacy of Ayatullah Ruhollah Khomeini...

Author: /time Magazine | Title: How Should Europe Respond to Iran? | 7/2/2009 | See Source »

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