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These early triumphs in the face of adversity understandably shaped his ambition and his worldview. "You can never forget that Lloyd came from a pretty significantly challenging environment," explains Robert Steel, Blankfein's former partner at Goldman and an Under Secretary for Paulson at Treasury. "That's at the root of Lloyd." Steel recalls that Blankfein shared stories about life at Thomas Jefferson High School. "You survive by either one of two things," Steel says Blankfein told him. "You were either a great athlete or funny and entertaining, and I decided to go with funny and entertaining...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...push further away from the politics of distraction, a universal health-insurance bill is likely around the bend. It will no longer be as expansive or cheap as some wanted, but it will help millions of folks. Above all, we should not forget the historical moment. We’re at a turning point, and if we end the saloon-style sideshows we can make sure a new era for the American people—and a new era for trust in government as a force for good—arrives with a bang and not a whimper...

Author: By Raúl A. Carrillo | Title: It’s High Noon in America | 8/31/2009 | See Source »

...recent days, there has been much discussion of Kennedy’s bipartisan friendships and ability to work across the aisle. Yet in this celebration of bipartisanship we should not forget that Kennedy’s bipartisanship always served his liberal values and fulfilled his mission of helping those most in need. In the 1990s, he twice worked closely with Republican senators to pass major health care reforms, first with Nancy Kassenbaum to ensure the portability of health care for workers changing jobs, then with Orrin Hatch to pass the groundbreaking State Children’s Health Insurance Program...

Author: By Jonathan S. Gould | Title: Lessons from the Liberal Lion | 8/31/2009 | See Source »

...justice, nevertheless, can still have apocalyptic repercussions - in this case, for Olmert's party. Kadima leaders were torn between their loyalty to Olmert, who founded the party with Sharon in 2005, and their desire not to be tainted by the criminal prosecution. "On this difficult day, we must not forget Olmert's rich contributions," said Kadima legislator Yoel Hasson. But Kadima's right wing could take advantage of the crisis to split the party and cross over to the Likud, where Prime Minister Benjamin Netanyahu has been trying to woo them for months. Such a move would bolster Netanyahu...

Author: /time Magazine | Title: Olmert's Indictment: Secular Justice or a Sign from God? | 8/31/2009 | See Source »

...into the agency's use of harsh interrogation methods under the Bush Administration? To a degree, yes. But there's a stronger case that the CIA was damaged the moment the White House picked it to conduct the interrogation of "high value" al-Qaeda prisoners. What everyone seems to forget is that the CIA is a civilian intelligence organization never designed, trained, or staffed to interrogate prisoners of war. The program could never have gone any way other than badly. (See TIME's photos...

Author: /time Magazine | Title: The CIA and Interrogations: A Bad Fit from the Start | 8/28/2009 | See Source »

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