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Bank of America CEO Kenneth Lewis may be in for much more than a trip to the woodshed. Ever since Bank of America completed its deal to buy Merrill Lynch, questions have lingered about whether the chief executive was completely honest with shareholders about the state of Merrill - specifically about the year-end bonuses paid out to Merrill employees despite the investment bank's huge 2008 losses. Bank of America shareholders have already voted to remove Lewis from the post of chairman in part because losses at Merrill turned out to be worse than Lewis let on. But that...

Author: /time Magazine | Title: The Rise and Sudden Fall of Bank of America's Ken Lewis | 9/18/2009 | See Source »

...right notes. This past Wednesday, just after the president’s health-care address, the 1-2-3 Gang hosted a candid conversation on PBS about job loss, housing woes, personal responsibility, and the importance of family and community. The message was wonderfully uplifting and unclouded: With honest hard work and each other’s help, we can get back to those sunny days...

Author: By Raúl A. Carrillo | Title: Lessons From the Street | 9/17/2009 | See Source »

...this resounding theme of inclusive community, although empathetic, is not part of an over-idealistic naivete of which the show is too often accused. Although the program has some fanciful overtones—as any children’s program should—the challenges of Sesame Streets are honest and real...

Author: By Raúl A. Carrillo | Title: Lessons From the Street | 9/17/2009 | See Source »

...affirming its suspicions and assuaging its sense of powerlessness, Beck bonds with his rapidly growing audience. "I continue to be amazed by the power of everyday Americans," Beck said after Jones resigned. What the Obama adviser called a "smear campaign" against him was, Beck said, simply "honest questioning." And there's more to come, he warned: "Judging by the other radicals in the Administration, I expect that questioning to continue for the foreseeable future...

Author: /time Magazine | Title: Mad Man: Is Glenn Beck Bad for America? | 9/17/2009 | See Source »

...Gaza. But the U.N. report is potentially more damaging, and the fact that its key author is the widely respected Jewish South African Judge Richard Goldstone makes it more difficult to dismiss his work as an anti-Israel smear. Goldstone has ties to Israel and a reputation for honest exploration of politically sensitive subjects built in the course of his work at the head of the his country's Truth Commission and, later, of the Hague tribunal for war crimes committed in former Yugoslavia. Nevertheless, his report is being read as a smear in the Israeli mainstream. (See pictures...

Author: /time Magazine | Title: U.N. War Crimes Allegation Won't Change Israel's Calculations | 9/17/2009 | See Source »

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