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...talked to nearly two dozen former Occidental employees. All of them are alumni of the company's chemicals division and worked in a Niagara Falls plant. Not all are 401(k) disaster stories, and most had good things to say about Oxy Pete. Some said they were very happy with their 401(k). Jim Maul, 70, has two cars and a boat and travels regularly. (See 10 big recession surprises...

Author: /time Magazine | Title: Why It's Time to Retire the 401(k) | 10/9/2009 | See Source »

...President Mahmoud Ahmadinejad is largely a calculated affront to Washington - his version of Cuba's Cold War partnership with the Soviet Union. It's little coincidence that Sanz made his announcement the same day the U.S. and its allies called Iran on the existence of a secret nuclear-fuel plant near the Iranian city of Qum. The U.S. and the U.N.'s International Atomic Energy Agency (IAEA) fear that Iran is on the verge of bolting the global Nuclear Non-Proliferation Treaty and developing not just nuclear energy but a nuclear weapon, a charge Tehran denies. Venezuela's ties...

Author: /time Magazine | Title: Chávez to Iran: How About Some Uranium? | 10/8/2009 | See Source »

...spring, there was little doubt left about what exactly was being constructed in the mountain (Iran has declared that the plant is not yet operational, and U.S. officials have agreed with that assessment). That, a senior Administration official told reporters this week, was when the White House decided that knowledge of the Qum facility would be a useful card to put on the table when Iran finally agreed to talk to the six major powers (the U.S., China, Russia, U.K., France and Germany). If the Iranians failed to come to the talks, Obama would reveal the secret facility...

Author: /time Magazine | Title: CIA Knew About Iran's Secret Nuclear Plant Long Before Disclosure | 10/7/2009 | See Source »

...interesting reversal of roles from the Bush era, the Europeans were pushing for the plant to be outed at once, while the U.S. was more cautious. "The Americans seem to have become more patient as their dossier on Iran has gotten fuller, while the Europeans are getting more anxious about taking care of this matter as they've learned more," says Jacquard...

Author: /time Magazine | Title: CIA Knew About Iran's Secret Nuclear Plant Long Before Disclosure | 10/7/2009 | See Source »

...officials believe that it was only when Iran found out that its cover had been blown that it chose to own up to the plant's existence - although how it might have learned of Washington's discovery remains unclear. On the eve of the U.N. General Assembly last month, the Iranians sent the IAEA a terse note, acknowledging the presence of the Qum facility. The next day, Panetta dispatched a team to the IAEA's headquarters in Vienna to make the presentation...

Author: /time Magazine | Title: CIA Knew About Iran's Secret Nuclear Plant Long Before Disclosure | 10/7/2009 | See Source »

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