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...Siemens board may have another motive, too: to build goodwill with the U.S. Securities and Exchange Commission. The SEC is conducting its own investigation into the bribery affair and could slap hefty fines on the company unless Siemens demonstrates that it is taking convincing action to clean up the mess on its own. "The SEC plays a role in this decision in the sense that Siemens wants to show that it is pursuing everyone involved regardless of their past position or reputation," says Daniela Bergdolt of the German Association for the Protection of Securities Ownership. "They hope that if they...

Author: /time Magazine | Title: Siemens Sues Its Own Managers | 7/30/2008 | See Source »

...Islamabad. No doubt Pakistan is a touchy subject for Obama. During the Democratic primary he promised to "take out" al-Qaeda in Pakistan's lawless Northwest Frontier Province, which unleashed Hillary Clinton's acid contempt and disapproval from a lot of other people who understand that Pakistan is a mess that can't be fixed anytime soon...

Author: /time Magazine | Title: Why Obama Didn't Visit Pakistan | 7/30/2008 | See Source »

...have the luxury of looking that far ahead. When told about the new federal relief, she said it was the best news she'd had in years. "A lot of us in this community haven't even recovered yet from the 2005 hurricanes," she says. "Then the housing mess started hitting us, and you take into account we're all strugglin' to buy food and gasoline. Seems the least they could do." Americans should know by Christmas whether that will be enough to preserve the quality of life in Miami Gardens and countless other U.S. cities still recovering from...

Author: /time Magazine | Title: Foreclosure Rescue: Who Gets Help | 7/28/2008 | See Source »

...American frontier. After all, this was a wide-open land where good neighbors were neighborly but not nosy, where a man could turn a page and start anew with few questions raised about his past. "They thought they were safe behind those walls and that Texas would never mess with them," says Randy Mankin, the editor of the Eldorado Success, the small-town newspaper that has chronicled events at the nearby FLDS ranch from the compound's founding through the April 2008 raid by Texas officials that swept up more than 400 children...

Author: /time Magazine | Title: Turning Up the Heat on Polygamists | 7/24/2008 | See Source »

...Minnesota, a former ranch hand and Yale Ph.D. in Nebraska and Dennis Shulman, a blind rabbi who easily won the Democratic nomination for the Fifth District in New Jersey. "We keep sending career politicians to Washington, and what do we have to show for it? A big mess," Shulman says. "It may very well take a blind man to show Congress the light...

Author: /time Magazine | Title: Throw the Bums Out! | 7/17/2008 | See Source »

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