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...case in point is the conversation that Ken Lewis, CEO of Bank of America (BAC), says that he had with former Treasury Secretary Henry Paulson. According to information released by NY State Attorney General and governor-in-waiting Andrew Cuomo, Lewis was threatened by Paulson who told him that the entire B of A board would be dumped if the bank backed out of a deal to buy Merrill Lynch. Passing the blame, Paulson claimed he was merely doing the dirty work of Fed chief Ben Bernanke. Bernanke has tried to distance himself from the event. The press has used...

Author: /time Magazine | Title: The Waterboarding Of Ken Lewis | 4/24/2009 | See Source »

...general disregard for the rules, procedures and compliance—it was ridiculous,” Rose said in an interview with The Crimson. “You had to be quiet and do it and put blinders on. If you were doing work in other aspects of the company, you could just do your job. But in [my] part of the job, you couldn’t ignore things...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Tax Concerns Aided Federal Inquiries | 4/23/2009 | See Source »

...Oelstrom, a scheduled panelist and retired Air Force Lieutenant General who now directs the Kennedy School’s National Security Program, said in an interview yesterday he hoped Harvard would become more open to ROTC...

Author: By Will L. Fletcher, CONTRIBUTING WRITER | Title: Students Push for ROTC Recognition | 4/23/2009 | See Source »

...Newsom, whose mayoral term has seen the admission of both an affair with a friend's wife and an alcohol abuse problem, will face stiff competition in his quest for the governor's mansion. Likely opponents for the Democratic nomination include state attorney general Jerry Brown (also a former governor), former eBay CEO Meg Whitman and Los Angeles Mayor Antonio Villaraigosa. But Newsom has shattered expectations before, particularly those predicting he would be a centrist mayor disloyal to San Francisco's liberal tradition. (See TIME's White House Photo Blog...

Author: /time Magazine | Title: San Francisco Mayor Gavin Newsom | 4/23/2009 | See Source »

...That is about to change, according to the world's most flamboyant Egyptologist. Zahi Hawass, secretary-general of Egypt's Supreme Council of Antiquities, announced earlier this week that his team of archaeologists was readying for the final approach toward what could be the tomb of Cleopatra. The site is at Abusir, some 30 miles from the port city of Alexandria, among the ruins of an ancient temple to the Egyptian god Osiris. Nearly two dozen coins unearthed there bear Cleopatra's profile and inscription, and carvings in the temple enclosure show two lovers in an embrace. A ceramic fragment...

Author: /time Magazine | Title: The Tomb of Antony and Cleopatra? | 4/23/2009 | See Source »

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