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...Meet P.D., wearer of sunglasses indoors and purveyor of such inscrutable bits of wisdom as "you can't shit a shitter." P.D. was one of the first interns I met. I arrived a week late to the program, and in the meantime, P.D. had elected himself the de facto social chair our intern class, organizing happy hours at local bars several nights a week. P.D. lives on the Upper East Side, which he says is one of the only four neighborhoods that exist in Manhattan. (The others are the Upper West Side, Midtown, and the Village.) Most days, P.D. dresses...

Author: By Aditi Balakrishna | Title: Five People I Met in New York | 7/1/2008 | See Source »

...most people, attaining the intellectual clarity and emotional detachment that investing requires is tough. But Buffett, for all his affability, is shrewd about disengaging himself to avoid any unnecessary distractions that might impair his judgment. People often try to convince him to meet with them so they can pitch investments to him, he said, but he sees through their many ruses - not least their flattery - and is comfortable saying no far more often than he says...

Author: /time Magazine | Title: My $650,100 Lunch with Warren Buffett | 6/30/2008 | See Source »

...great embarrassment, Roosevelt himself had been hit with accusations that he promised a French ambassadorship to a senator from New York in exchange for $200,000 in big business campaign donations.) "The need for collecting large campaign funds would vanish if Congress provided ... an appropriation ample enough to meet the necessity for thorough organization and machinery, which requires a large expenditure of money," Roosevelt said, adding that candidates who took public funds should be required to limit donation amounts and publicly disclose their receipts. If that sounds familiar it's because Roosevelt's proposal is essentially the system we have...

Author: /time Magazine | Title: Campaign Financing: A Brief History | 6/30/2008 | See Source »

Back on the campaign trail late last year, amid snowdrifts and ice storms, candidate Tom Tancredo spoke often about the possibility of defecting from the Republican Party if its eventual nominee failed to meet his benchmarks of conservatism, most importantly a zero-tolerance policy for undocumented immigrants...

Author: /time Magazine | Title: McCain's Delicate Immigration Dance | 6/30/2008 | See Source »

Blair seems resolute to meet the climate challenge, and he has the right ideas. "If you've got children, you want them to grow up in a world that doesn't have catastrophic climate change," he said. But after a few more months of hitting his head against the climate wall, he might want to spend his retirement years working on something a bit easier. Like Mideast peace...

Author: /time Magazine | Title: Blair Campaigns for Climate Action | 6/27/2008 | See Source »

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