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...giving speeches around the world, making wry comments about the uselessness of financial innovation and the remorselessness of Wall Street. He was also making cagey references to his lack of influence with Obama, for whom he was chairing an obscure economic-recovery board. Congressman Paul Kanjorski says that last March, when he pitched Volcker on a plan to let regulators break up big banks that threatened the financial system, the former Fed chair said, "I'm out of vogue right now in the White House ... but I agree." Volcker secured his walk-on-water reputation by taming runaway inflation...

Author: /time Magazine | Title: Can Bashing the Banks Help Obama? | 1/28/2010 | See Source »

...Kampusch was just 10 years old when Priklopil kidnapped her as she walked to school in March 1998. "He came towards me, grabbed me and bundled me into his white van ... I tried to scream but I just couldn't utter anything," she said. When they arrived at his house, Priklopil wrapped her in a blanket and took her to the cellar, which was only reachable through a fortified iron door. He then forced her to take off her shoes, which he burned, telling her, "You won't be needing them again...

Author: /time Magazine | Title: Austrian Kidnap Victim Revisits Her Cellar Prison | 1/27/2010 | See Source »

Galluccio resigned from his seat Jan. 5 after being sentenced to one year of jail for violating his house arrest by consuming alcohol. Candidates vying for his seat must submit their nomination by March 2, and the primary will be held on April...

Author: By Tara W. Merrigan, CRIMSON STAFF WRITER | Title: Decker Seeks State Senate Seat | 1/27/2010 | See Source »

...Soviet Red Army liberated the camp, only a few thousand prisoners remained. Just a week earlier, Nazi officials had evacuated the facility, destroyed the camp's records and blown up the gas chambers. Most of the prisoners, some 60,000 of them, were then sent on a death march to other camps as their Nazi guards fled the Soviet advance. Israel was one of the marchers. He says they walked for about 60 miles in temperatures dipping to -10°F until they reached the town of Wodzislaw Slaski in southern Poland. "We only had our thin prison clothes...

Author: /time Magazine | Title: Auschwitz 65 Years Later: One Survivor Remembers | 1/27/2010 | See Source »

...blasts occurred amid rancorous and sectarian political debate in Iraq. The predominantly Shi'ite government of Prime Minister Nouri al-Maliki had somehow managed to ban many important Sunni politicians from running in parliamentary elections scheduled for March 7. This comes just as the large Sunni minority - the base for much of the radical resistance to the government - had decided it wanted to participate in the vote, having been shut out of political power by boycotting the last major election. Now, nearly two score people were dead and U.S. Apache helicopters were patrolling the air in the aftermath of another...

Author: /time Magazine | Title: In the Middle of the Baghdad Hotel Attacks | 1/26/2010 | See Source »

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