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...company that had created many of the insurance firm's losses. Liddy was clear in making the point that AIG had a legal obligation to make the payments. He would have been better off to hold his tongue. The minute he gave an explanation for his actions, no matter how rational it was, his interrogators seized on it as another act of either bad faith or stupidity on his part. (See pictures of the Top 10 scared traders...

Author: /time Magazine | Title: Behind Ed Liddy's Departure from AIG | 5/22/2009 | See Source »

Indeed, the resident's labor-intensive schedule was not structured that way by chance, says Dr. Thomas J. Nasca, chief executive officer of ACGME. Learning to work through exhaustion is part of the training process, not merely a matter of young residents paying dues or getting hazed by veterans. "This is not indoctrination," he says. "It isn't a fraternity...

Author: /time Magazine | Title: Are Medical Residents Worked Too Hard? | 5/21/2009 | See Source »

...thing," he told TIME this week, "because what you have seen is Cheney and the authors of the old policy trying desperately to justify what they did, and then you have seen people who are enraged by Cheney and the old policies who want to relitigate the whole matter. And all of a sudden you are in the old time machine headed backwards. And that's not useful." (Read a story about how the waterboarding controversy is drowning Pelosi...

Author: /time Magazine | Title: Obama: Still Opposed to Truth Commission | 5/21/2009 | See Source »

...giving you a little ... like can you sit in your lawn chair at the soccer game and not be ... The more I go, the more I can, right? The more often - and I found this even in Chicago during the campaign. People eventually get used to you, no matter who you are. If I went out there once in a while, I think there would be a ton of excitement because everybody feels like, Well, this is the opportunity. But if people know I'm out there every Saturday, what you get is more of the normal kind...

Author: /time Magazine | Title: Interview with the First Lady | 5/21/2009 | See Source »

...forward to presenting our position." Pansy Ho in a statement said that "I and my advisers will need time to read and consider the contents of the report and decide how best to respond to it." The New Jersey commission is expected to hold a public hearing on the matter...

Author: /time Magazine | Title: Fortunes Fade for Macau's Casino Kings | 5/21/2009 | See Source »

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