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Congress will push the issue of public discussion of sensitive government information, but usually only so far. Geither's brilliance has led him to change the perception of banks from being "too big to fail" into being "too big to be discussed in public." His most impressive statement at yesterday's Oversight Panel cross examination was that the "vast majority" of American banks are well-capitalized. He neglected to mention which financial firms are in trouble. It could be that two of the four largest banks in the US have too much trash on their balance sheets to make...
...extensive background in engineering, physics, and mathematics led the store owner to work initially with technology. He was on the design team for Digital Equipment Corporation, where he worked with everything from application software and CPU to hardware. But his stint in the world of technology didn’t prove entirely satisfying for Chen, who yearned to connect with people...
Steinbrueck said that one of the reasons he was drawn to the program was because his father once led an eight-year charge to save the historic Pike Place Market in Seattle—a project very much in keeping with the Loeb fellowship’s emphasis on maintaining and improving urban areas...
...Officials in the Bush Administration maintain that the intelligence wrung from terror detainee Abu Zubaydah (whom the CIA waterboarded "at least" 83 times, according to an an agency document released by the Obama Administration last week) led to the capture of Khalid Sheikh Mohammed - the self-proclaimed architect of the 9/11 attacks. His capture, in turn, helped prevent future terror strikes, they maintain; Mohammed himself, the memos revealed, was waterboarded a startling 183 times in March 2003 (a May 2005 memo from a CIA lawyer said waterboarding could be used on a detainee up to 12 times daily...
South Africa goes to the polls Wednesday in an election billed as the most important since Nelson Mandela led his nation to overthrow apartheid 15 years ago. How so, when the result - a landslide for the ruling African National Congress (ANC) and the election of its leader Jacob Zuma to the presidency - is barely in doubt? Here's TIME's quick question-and-answer guide to South Africa's general election: (Read "Why South Africa's Over The Rainbow...