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...lactating hope!" Talking after a recent set at New York's Gotham Comedy Club, Black admits that Obama is difficult to make fun of but insists he's had no trouble finding political material. "For me, it was never Bush. It was the social issues. Just because Bush left office, that doesn't mean stupidity has fled the country...

Author: /time Magazine | Title: Comedy in the Obama Age: The Joking Gets Hard | 8/31/2009 | See Source »

...after he'd been passed over for the top job at Goldman in favor of Jon Corzine (now governor of New Jersey), Blankfein was selected to run J. Aron. His appetite for risk quickly surfaced. In 1995 he chided his fellow partners for being too risk-averse and promptly left a conference room where they were meeting to place a multimillion-dollar bet with the firm's money that the dollar would rise against the yen. Blankfein's bet - one of his favorites - paid off, and he impressed his partners as a prudent risk taker. He would do the same...

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

...December 2003 he was named Goldman's chief operating officer and co-president after the departure of John Thain - Blankfein's rival to lead the firm - who left to become CEO of the New York Stock Exchange. By then, Blankfein had impressed Goldman's board of directors and especially Paulson, then the CEO, with his tenacity, ambition and hands-on management style. "Hank became increasingly concerned about whether [John] Thornton or Thain" - the co-presidents of Goldman before Blankfein - "would assume responsibility for the business units and show they could run things," says a former Goldman partner. "Lloyd showed...

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

Some exiled Burmese dissidents have criticized Webb for lending legitimacy to the generals. But Webb did, at least, extract one concession from the junta. When the Senator's plane left Burma on Aug. 16, it carried an extra occupant: John Yettaw, the American sentenced to seven years' imprisonment with hard labor for his midnight swim to Suu Kyi's home. His saga--that of a middle-aged Mormon from Missouri who used homemade flippers to visit the world's most famous political prisoner--is stranger than any fiction, even that of Senator Jim Webb...

Author: /time Magazine | Title: Spotlight: A Mission to Burma | 8/31/2009 | See Source »

...This is superficial diversity. If freshmen resemble their elders—four-fifths of whom voted for President Barack H. Obama—most lean left. Diverse backgrounds do not necessarily mean diverse perspectives. Unfortunately, the readings the FDO has assigned—specifically those by Beverly Tatum, president of Spelman College, Frank Wu, a professor at Howard University, and Felice Yeskel, co-founder of Class Action—reinforce this misconception. The authors offer different experiences but identical conclusions: Groups define individuals...

Author: By Brian J. Bolduc | Title: A Dull Diversity | 8/31/2009 | See Source »

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