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...Still, staffers at the Times made sure the city honored their P-I colleagues. Times reporter Hal Bernton stood outside the P-I building at day's end on Monday, holding a bullhorn and propping up several handwritten signs thanking P-I reporters for 146 years of service and declaring, "Journalism Is a Passion that Never Dies." Half an hour later, reporters and local press did gather to share solace. "It's a simple sentiment," Bernton said beforehand. "Let's not end this with us huddled in one corner and them in another." If the Times succumbs to the same...

Author: /time Magazine | Title: After the P-I's Demise, Will Seattle News Live? | 3/17/2009 | See Source »

...middle of decrying the misdeeds of the financial firm AIG, President Barack Obama cracked a joke. "Excuse me," he said Monday, after coughing into the microphone. "I am choked up with anger here." There were laughs all around the gilded East Room of the White House because he didn't sound angry...

Author: /time Magazine | Title: Obama's AIG Outrage: All Talk, No Action | 3/17/2009 | See Source »

...like Obama, Bernanke and the rest of the political élite who lined up Monday to share their outrage are rather powerless to act. If AIG failed, almost all experts agree, the damage to the entire financial system would be horrific. So the leadership has little to do but posture. "Unconscionable," said House Speaker Nancy Pelosi. "Outrageous," said her Republican counterpart, John Boehner. Senator Chris Dodd, chair of the banking committee that failed to regulate AIG, called on the executives to "voluntarily" forgo their bonuses. The best the government looks able to do is insist on some tough...

Author: /time Magazine | Title: Obama's AIG Outrage: All Talk, No Action | 3/17/2009 | See Source »

...Monday's meeting of Khatami supporters, said a source, was focused on finding the most effective strategy for defeating Ahmadinejad by uniting behind a single candidate...

Author: /time Magazine | Title: How Khatami's Exit Could Be Good for Ahmadinejad | 3/17/2009 | See Source »

Iran's President Mahmoud Ahmadinejad has reason to smile: his opponents in this June's presidential election appear to be in some disarray. Former President Mohammed Khatami withdrew from the race late Monday, declaring his support for former Prime Minister Mir-Hossein Moussavi. The news reflects the confusion in the anti-Ahmadinejad camp that began last week when Moussavi threw his hat in the ring. The reluctant Khatami had previously agreed to stand only after exhaustive negotiations with Moussavi had failed to convince the former Prime Minister to run against Ahmadinejad...

Author: /time Magazine | Title: How Khatami's Exit Could Be Good for Ahmadinejad | 3/17/2009 | See Source »

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