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...Shalit. Instead, the offensives killed 18 Israelis and around 1,700 Palestinians - and Shalit remains in enemy hands. Hamas also has not allowed the Red Cross to visit Shalit in violation of the Geneva Conventions, and the last sign that he was alive, until now, was a handwritten letter to his parents in June 2008. The fate of the captured soldier continues to tug at heartstrings in Israel, where military service is compulsory. The basketball-loving 23-year-old has almost become every mother's son. (Read: "Can Israel Negotiate Freedom for a Soldier...

Author: /time Magazine | Title: Hamas Releases Tape of Captured Israeli Soldier | 10/2/2009 | See Source »

...letter on Wednesday to Bank of America employees, Lewis wrote, "Some will suggest that I am leaving under pressure or because of questions regarding the Merrill deal. I will simply say that this was my decision, and mine alone." It is also abrupt. Just months ago, Lewis told Congress he intended to stay on as head of Bank of America until all the assistance it had gotten from the government to survive the financial crisis had been repaid. It seems unlikely that Bank of America will be able to pay back the government $45 billion anytime soon...

Author: /time Magazine | Title: The Rise and Sudden Fall of Bank of America's Ken Lewis | 10/1/2009 | See Source »

...preserve the long-term purchasing power of the endowment, we chose not to transfer funds from the endowment to the operating budget last spring,” wrote Princeton President Shirley M. Tilghman in a letter to the community on Tuesday, noting that utilizing the endowment would have required selling equities at unattractive prices. “That has proved to be a wise and prudent decision, given the recent recovery in the markets...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Princeton’s Funds Shrink 23% | 10/1/2009 | See Source »

...Some will suggest that I am leaving under pressure or because of questions regarding the Merrill deal. I will simply say that this was my decision, and mine alone." - In his letter to bank staff announcing his retirement. (Wall Street Journal, Sept...

Author: /time Magazine | Title: Outgoing Bank of America Boss Kenneth Lewis | 10/1/2009 | See Source »

...anger, the much-criticized chief of the Kenyan Anti-Corruption Commission resigned. (Outrage had followed Kibaki's decision to reappoint Aaron Ringera earlier this month despite his failure to confront corruption.) Though Ringera's resignation was considered a good sign, the Kenyan government's primary response to the letters was to accuse Obama of a breach of protocol for writing to the 15 officials directly rather than to Kibaki. Instead of acknowledging the slow pace of reform, Foreign Minister Moses Wetangula suggested that actions like the U.S.'s could "precipitate the hardening of the mood over the reform process." Then...

Author: /time Magazine | Title: The Talk of Kenya: What Does Obama Have Against Us? | 10/1/2009 | See Source »

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