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...once been one of East Asia's fastest-growing economies. Kim privatized state-owned companies and jump-started South Korea's IT sector. After getting $60 billion in loans from the IMF in 1997, South Korea became the first East Asian country to, in effect, graduate from its oversight, paying its IMF loans back faster than any other East Asian country, in 2001. (See lessons from Asia's financial crisis...

Author: /time Magazine | Title: Former South Korean President Dies at 85 | 8/18/2009 | See Source »

...recently made the rounds in order to secure a 10th term now that he's up against 28-year-old female DPJ candidate Eriko Fukuda. Fukuda not only represents the DPJ in age (on average, DPJ members are younger than LDP members), she also literally embodies opposition to LDP oversight. Fukuda is one of many Japanese infected with hepatitis C by tainted blood products that were distributed between the 1970s and early 1990s, a case for which the ruling coalition accepted responsibility. (See pictures of Japan and the world...

Author: /time Magazine | Title: Japan's Twitter-Free Election Campaign | 8/18/2009 | See Source »

...proceeded because the highest criminal court couldn't be bothered to stay an extra 20 minutes on the night of an execution," Andrea Keilen, executive director of Texas Defender Service, told ABC News in 2007. Not only did Texas defense attorneys quickly file complaints with the state's judicial oversight commission, in an unprecedented move, the National Association of Criminal Defense Lawyers joined the filing. Newspapers across the state and nation weighed in with scathing editorials, and anti-death penalty campaigns went on the attack. The Texas Moratorium Network set up sharonkiller.com...

Author: /time Magazine | Title: A Texas Judge on Trial: Closed to a Death-Row Appeal? | 8/13/2009 | See Source »

...largely credited for turning the beleaguered police department around - a department marred by antagonism with minority groups, charges of racial profiling and excessive force, and beset by scandals including the Rodney King beating and Los Angeles riots in 1992, as well as the Rampart corruption case, which initiated federal oversight of the department. It was only a few weeks ago that U.S. District Court Judge Gary A Feess freed the department from the consent decree that had been in place since 2001. Said Bratton: "There's never a good time to leave something, but often times there is the right...

Author: /time Magazine | Title: Why is Los Angeles Losing Its Police Commissioner? | 8/8/2009 | See Source »

...prices for drugs - to the Medicare drug plan. In just the first two years of the program, that shift of beneficiaries from one program to the other produced an estimated $3.7 billion windfall for the industry, according to a report last year by the Democratic staff of the House Oversight and Government Reform Committee...

Author: /time Magazine | Title: PhRMA Deal Puts Obama, Congressional Dems at Odds | 8/7/2009 | See Source »

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