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...York City Let the Good Times Roll! The recession has been kind to Goldman Sachs. After reporting $23.2 billion in net revenues at 2009's halfway mark--a 31% jump from June 2008--the investment-banking giant is on track to dole out some of the largest bonuses in its 140-year history. In June, Goldman paid back the $10 billion in TARP funds it accepted, and analysts say the move underscores Wall Street's willingness, after its nuclear winter, to embrace risk once again...

Author: /time Magazine | Title: The World | 7/27/2009 | See Source »

Sanford, Gov. Mark • own funeral is claimed to have been attended...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 7/24/2009 | See Source »

Traxys CEO Mark Kristoff told TIME that his company suspended trade in the DRC in May 2009 until there is a clearer road map for cooperation among companies, the U.N. and governments for a plan of social action. He added that Traxys' $50 million in trade in the DRC is equivalent to 1% of the company's total business. Afrimex told TIME via e-mail that its last shipment from the DRC took place in September 2008 and all such transactions have since ceased. "Any link between Afrimex's past mineral-trading and armed groups remain wholly unfounded," the statement...

Author: /time Magazine | Title: First Blood Diamonds, Now Blood Computers? | 7/24/2009 | See Source »

...contrast was stark. When President Barack Obama touched down in Moscow earlier this month, there was little fanfare to mark his arrival. But when Vice President Joe Biden visited the Georgian capital, Tbilisi, two days ago, the road from the airport was crowded with people waving U.S. and Georgian flags. The welcome was so warm that Russian daily Nezavisimaya Gazeta wondered if the Georgian government might rename a square after Biden - just as it had named a road "President George W. Bush" after the former President's visit to the country...

Author: /time Magazine | Title: Biden's Balancing Act in Georgia and Ukraine | 7/24/2009 | See Source »

...children was undeniable. "Grace was like the mother, and Michael was the father," says Jackson friend and filmmaker Bryan Michael Stoller, who often visited Neverland. "The only person I saw get close to the kids besides Michael was Grace." Rwaramba returned at their time of crisis. The actor Mark Lester, star of the movie musical Oliver! and godfather to Jackson's children, spoke to her soon after the singer's sudden death and describes her as "shocked and grief stricken." Still, Lester tells TIME, "she's a very strong person, and she's a tower of strength for the children...

Author: /time Magazine | Title: The Michael Jackson Case: The Return of the Nanny | 7/22/2009 | See Source »

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