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...nation's largest accounting firms to the list of watchdogs and regulators that didn't catch the multibillion-dollar Madoff investment scam...

Author: /time Magazine | Title: The Madoff Fraud: How Culpable Were the Auditors? | 12/17/2008 | See Source »

...Duncan, 44, has overseen the nation's third-largest school district and its more than 400,000 students for the past seven years. He's considered by most to be a quiet consensus builder. In Chicago, his knack for forging alliances can be seen in his strong relationship with the local teachers' union despite his embrace of reforms the union is leery of, including school choice, pay for performance and a willingness to close down failing schools. "Duncan mirrors the President-elect's style of governing - get all sides around the table, listen carefully and experiment with meaningful reforms," says...

Author: /time Magazine | Title: Will Arne Duncan Shake Up America's Schools? | 12/16/2008 | See Source »

...incentives for both teachers and students as well, and suggested opening the country's first gay-friendly high school. In each of these endeavors, he has tried to get the backing of Chicago's often recalcitrant teachers' union. This effort has earned him praise from both of the nation's largest teachers' unions. (See pictures of a diverse group of American teens...

Author: /time Magazine | Title: Will Arne Duncan Shake Up America's Schools? | 12/16/2008 | See Source »

...state so plagued by cronyism and shady self-dealing that the head of the FBI here didn't hesitate to call Illinois one of the - if not the - most corrupt states in the nation, Lieut. Governor Pat Quinn is considered something of a Goody Two-Shoes. Responsible for slashing the size of the state legislature, he has been booed by legislators on the capitol floor. He keeps a minimal staff and is said to charge $75 a ticket for fundraisers - at a time when entry to most is well into the hundreds if not thousands of dollars. The former...

Author: /time Magazine | Title: Pat Quinn: The Man Who Would Replace Blagojevich | 12/16/2008 | See Source »

...White House. Daschle's dual titles are the most telling; he was actually nominated to be Secretary of Health and Human Services, but Obama gave him a West Wing job as well to indicate that, unlike previous HHS Secretaries, Daschle is actually supposed to run the nation's health policy...

Author: /time Magazine | Title: Obama Power Will Be in White House, Not Cabinet | 12/16/2008 | See Source »

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