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...Despite this evidence, suspicion lingered that there was something incongruous about an experienced kayaker drowning on a day when the sea was, in the words of one member of the rescue effort, "smooth as a millpond." Even before it emerged that the Darwins had reunited in Panama, his aunt, Margaret Burns, 80, told the Evening Standard newspaper, "To be honest I don't believe he ever got wet." She may be right...

Author: /time Magazine | Title: Canoe Man's Story Keeps Sinking | 12/6/2007 | See Source »

...astonishing plunge from grace. Pollsters have tracked that vertiginous descent. In opinion polls, Labour led the opposition Conservatives by some eight percentage points in September; two recent surveys show David Cameron's revitalized party ahead by 11 points, the most substantial lead it has enjoyed over Labour since Margaret Thatcher was in power. Brown's government has been buffeted by a series of mishaps and blunders since the run two months ago on Northern Rock, Britain's fifth-largest mortgage lender, which is now sustained by emergency funding from the Bank of England. A government department lost two discs containing...

Author: /time Magazine | Title: Gordon Brown's Blues | 12/5/2007 | See Source »

...biggest crisis in its 93-year history. In interviews with The Crimson, Thain’s former Business School classmates remembered his days across the Charles, where he attended school along with his Merrill Lynch predecessor E. Stanley O’Neal, Labor Secretary Elaine Chao, and eBay CEO Margaret C. Whitman. James J. Burke Jr., a 1979 graduate of the Business School, said that Thain’s skills were well suited to maneuver Merrill Lynch out of the sub-prime mortgage crisis that has plagued financial firms across the country in recent months. Thain has gained a reputation...

Author: By Hee kwon Seo, CONTRIBUTING WRITER | Title: Friends Recall Thain at HBS | 11/27/2007 | See Source »

...fresh opinion poll - a new government. A survey for The Independent newspaper, completed on Nov. 25, when news of this latest government scandal had only broken that morning, puts the Conservative party 19 points ahead of Labour. That's the most substantial lead the Tories have enjoyed since Margaret Thatcher's third prime ministerial term...

Author: /time Magazine | Title: Scandal Knocks Britain's PM | 11/27/2007 | See Source »

...squashed by Berlusconi's purported allies. Leader of the second-largest opposition party, Gianfranco Fini, said Monday he wouldn't even consider uniting with Berlusconi under the new party. In general, disaffection with politics in Italy is running high. Berlusconi had once presented himself as an Italian version of Margaret Thatcher (and pre-cursor to Nicolas Sarkozy): a free market reformer ready to shake up the status quo and social welfare state in old Europe. But in his five-year reign from 2001 to 2006, Berlusconi was unable to overcome divisions among his allies or resist his own focus...

Author: /time Magazine | Title: Berlusconi Tries a Political Comeback | 11/20/2007 | See Source »

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