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...case has drawn attention even though Cioffi and Tannin were relatively unknown. The hedge-fund managers are the only Wall Streeters who have faced criminal charges relating to the subprime-mortgage mess. Because of that, many saw it as a litmus test for cases against others who were thought to have had a role in causing last year's financial crisis. But the case may ultimately have much greater significance. The not-guilty outcome may signal the end of the era of e-mail prosecutions...

Author: /time Magazine | Title: The Bear Stearns Verdict: A Blow to E-Mail Prosecutions | 11/12/2009 | See Source »

...president of the polling firm Ipsos, adding that Lellouche's swagger and trash-talking are traits he shares with Sarkozy. "Sarkozy gave Lellouche a position in government no one would risk before. But once Lellouche stepped over the line on his own, Sarkozy made him clean up the mess himself...

Author: /time Magazine | Title: France's Anglophile Leader Turns on Britain | 11/11/2009 | See Source »

...Obama Administration is technically correct when it argues that last week's pact allows it to recognize the Nov. 29 election even without Zelaya's restoration - a result that would let Obama wipe his hands of the Honduras mess while getting U.S. conservatives off his back. But analysts like Diaz warn that to Latin America and the rest of the world, "That would just return us to the same situation as before, leaving Honduras to face the international community with little credibility." Solis herself said this week after arriving in Honduras that "what happens here has implications regionally...

Author: /time Magazine | Title: Troubles for a Deal — and for Obama — in Honduras | 11/6/2009 | See Source »

...respond to criticisms that that sort of relentless optimism may be one of the things that got us into this mess in the first place? I've never heard that criticism. But I think the opposite [of my message] would be to be negative, to be bitter, to say, "You know what? I've reached my limits, and this is as good as my life gets." I don't think that's the way God wants us to live. (See the top 10 things you didn't know about the world's oldest Bible...

Author: /time Magazine | Title: Pastor Joel Osteen | 11/5/2009 | See Source »

...willing to disclose the content of their private conversations - but style often predicts substance in foreign policy; neither Obama's gauziness nor Clinton's inconsistent bluntness overseas seems particularly solid. There is a growing perception that the Administration's policies have been thwarted across the board: Afghanistan is a mess, Iran seems ready to scuttle the nuclear negotiations, there's no progress in the Middle East, the Syrians and North Koreans remain recalcitrant, the Russians have been offered a freebie on missile defense, and the Chinese have been given a pass on human rights with no apparent quid pro quos...

Author: /time Magazine | Title: The State of Hillary: A Mixed Record on the Job | 11/5/2009 | See Source »

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