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...backstage could have been a Kennedy family reunion. Ted's branch of the clan had gotten there first. The senator was there with his congressman son Patrick, Ted's wife Vicki, and Vicki's son Curran. Then Caroline arrived with her three teenagers. Teddy's sisters, Eunice Shriver and Jean Kennedy Smith, showed up too, along with an assortment of their children and grandchildren. Through the blue curtains, the crowd was thundering...

Author: /time Magazine | Title: Why the Kennedys Went for Obama | 1/28/2008 | See Source »

Obama was not the only one backstage who appeared to be struck by the history of the moment. Before Kennedy's sister Jean Smith left the event, she handed the Illinois Senator a slip of paper and asked for one small favor. Obama obliged-and gave her an autograph...

Author: /time Magazine | Title: How the Kennedy Nod Helps Obama | 1/28/2008 | See Source »

...Société Générale's head of corporate and investment banking Jean-Pierre Mustier admitted to reporters on Sunday that their forced sell-off had probably furthered last week's market slump. "I cannot deny that if we had not been selling the market would have fallen less," he said, though he said he thought its effect had been "minimal." With the markets in turmoil, the dark-haired, slim trader slipped out of sight, surrendering to financial police only on Saturday afternoon. Kerviel remains in custody in Paris but so far faces no criminal charges...

Author: /time Magazine | Title: Behind the Trader's Market Chaos | 1/27/2008 | See Source »

Bank executives said they finally realized their mammoth problem last weekend. Société Générale chief executive of corporate and investment banking Jean-Pierre Mustier told reporters that he was "convinced [Kerviel] acted alone." Kerviel confessed to the elaborate fraud during a six-hour grilling by bank officials on Saturday night, according to the Daily Telegraph, which posted a photograph online of a slender, dark-haired man. Despite the weekend revelations, three days lapsed before executives suspended trading of Société Générale shares. They declined to tell reporters...

Author: /time Magazine | Title: France's $7.2 Billion Hit | 1/24/2008 | See Source »

...will never attend a caucus in Iowa again. First of all, I couldn't valet my car at the Westridge Elementary School in West Des Moines. Second, there was not a Jean Philippe Patisserie inside the school selling fresh, soft, Nutella-stuffed brioches. Third, not one of the people I met at the school was a cocktail waitress - or even dressed like a cocktail waitress...

Author: /time Magazine | Title: Caucusing on the Vegas Strip, Baby | 1/19/2008 | See Source »

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