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...vanished before a Sept. 1975 FBI raid that netted four of her conspirators. She was indicted in absentia the following year; by then, she had resurfaced in Minnesota under the Sara Jane Olson. While working as a fraternity house cook, she met her future husband, medical student Fred Peterson. They married in 1980, bore three children, and settled in an ivy-covered stone house in St. Paul...

Author: /time Magazine | Title: Sara Jane Olson: American Housewife, American Terrorist | 3/18/2009 | See Source »

...This story sounds grimly similar to the Troubled Assets Relief Program, by which the Treasury handed $700 billion to the nation’s banks with little positive result. The consequences of the Japanese—and hence our—rescue plan, according to Adam Posen of the Peterson Institute of International Economics, “is that the banks’ top management simply burns through that cash, socializing the losses for the taxpayer, grabbing any rare gains for management payouts or shareholder dividends, and ending up still undercapitalized.” A different course of action...

Author: By The Crimson Staff | Title: (Don't Fear) the Receiver | 2/27/2009 | See Source »

...perhaps strangest of all, mass-marketed Hollywood fare (“Transformers”). But fans point to the distinctive worldview that sci-fi films provide as a unifying thread through the festival.“I like the positive view of the future,” says Jim Peterson, a 10-year attendee of the event. “Science fiction shows us new ideas.” “It’s meant to be escapist,” says Jen Simon of Philadelphia. “It’s less mundane than normal life...

Author: By Keshava D. Guha, CONTRIBUTING WRITER | Title: Theatre Hosts Alien Attack | 2/20/2009 | See Source »

...provision would also cost far more jobs than it created, according to a study by the Peterson Institute for International Economics in Washington. Although it focuses on iron and steel provisions, the "buy American" clause would save just 1,000 U.S. jobs because steel is very capital intensive, the study's authors Gary Hufbauer and Jeffrey Schott say. "In the giant U.S. economy, with a labor force of roughly 140 million people, 1,000 jobs or less is a very small number," they wrote. That number, they contend, would be exceeded by the jobs that would then be lost...

Author: /time Magazine | Title: Why Europe Is Fuming About the Stimulus Package | 2/5/2009 | See Source »

...plane stayed in the sky for only a few minutes; no one is quite sure what went wrong. The best guess is that Peterson flew directly into the blizzard, lost visual reference and accidentally flew down instead of up. The four-passenger plane plowed into a nearby cornfield at over 170 mph, flipping over on itself and tossing the passengers into the air. Their bodies landed yards away from the wreckage and stayed there for ten hours as snowdrifts formed around them. Because of the weather, nobody could reach the crash site until the morning...

Author: /time Magazine | Title: The Day the Music Died | 2/3/2009 | See Source »

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