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Journalists have put up several lines of self-defense. Obama is on more magazine covers in part, they note, because those issues sell better than McCain covers. McCain is a familiar figure who has been involved in presidential politics for nearly a decade, while Obama's rapid rise--from state senator to presidential nominee in four years--is part of what makes him a compelling story...

Author: /time Magazine | Title: Crushing on Obama | 7/31/2008 | See Source »

...Winfried Seibert, von Pierer's lawyer, said his client "takes note of the supervisory board's decision with shock and regret and will defend himself" against the allegations. Kleinfeld, who became CEO of U.S. metals group Alcoa Inc. in October 2007, issued a statement suggesting that the whole affair will blow over. "I have great faith in the German judicial system, and that is why I am not concerned about this development," he said in a statement released by Pittsburgh-based Alcoa...

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

...course, it's an advocate's job to keep the pressure on government by saying that the problem is still large and still needs attention. And even HUD secretary Steve Preston sounded a note of caution, saying in a release on Tuesday that there is a "long way to go to find a more lasting solution for those struggling with homelessness every day." Where the two sides disagree is whether a family of four who lost their home to the bank and is now couch-surfing with relatives should be considered homeless...

Author: /time Magazine | Title: Defining 'Homelessness Down' | 7/30/2008 | See Source »

Williams is quick to note that not all the lenders involved in the Miami Gardens disaster were disreputable - and he acknowledges that "there were too many folks here who were totally irresponsible as buyers and shouldn't be able to take advantage of this process." He agrees, for example, with a stipulation in the new bill that defaulting homeowners who get bailed out must return all or a significant portion of any profit they make on the subsequent sale of their house to the federal government. But he also stresses that one of the things he hopes the city...

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

...even proponents of accelerated programs note that there are drawbacks. With only one summer to work, students don't have a lot of time to experiment or figure out the kind of legal career they want to pursue. And those who fall behind in classes don't have much time to catch up. "This is not for everybody," says Lisa Kloppenberg, dean of the University of Dayton School of Law, who has overseen the school's two-year program. "It's very intense...

Author: /time Magazine | Title: Fast-Tracking Law School | 7/23/2008 | See Source »

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