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...Treasury Department to hand over sensitive data - the crux of her job. The bonus scandal at AIG, the former insurance giant that is now a ward of the Federal Government, was a strong indication that some of those responsible for dispensing funds from the Troubled Asset Relief Program (TARP) lost track of the cash. Which raises a more philosophical point: Is it even possible to know where the money is going? And if so, is Warren, a Washington outsider who's still feeling her away around a strange new landscape, the right person to figure...

Author: /time Magazine | Title: Elizabeth Warren: Riding Herd on the Bailout | 6/22/2009 | See Source »

...first reason is that he's taking on Netanyahu where the Israeli Prime Minister is weakest. Israelis may not be thrilled about freezing settlement growth, but it's not an issue like Iran's nuclear program, which they consider important enough to risk their relationship with the U.S. over. A poll published in Israel's largest newspaper, Yediot Aharonot, on June 5 found that 56% of Israelis would rather cave on the settlements issue than face sanctions...

Author: /time Magazine | Title: Why Obama Should Keep the Heat on Israel ... | 6/22/2009 | See Source »

...will most likely win this fight is that Netanyahu has bigger fish to fry. He knows that sometime in the next year or two, he could well end up paying a visit to the White House to ask for U.S. support for a military strike against Iran's nuclear program. For an Israeli Prime Minister, alienating a U.S. President is almost always bad politics, but it's particularly bad politics when you need his help to stop what you've called an existential threat. If Israelis decide Netanyahu can't negotiate with the U.S. effectively over Iran, they may demand...

Author: /time Magazine | Title: Why Obama Should Keep the Heat on Israel ... | 6/22/2009 | See Source »

...decongestant they thought they couldn't afford, but also as a high-tech pump primer for the kind of higher-wage jobs that low-wage economies like Florida's need. Current Florida governor Charlie Crist, who has angered conservatives in his Republican Party by embracing Obama's overall stimulus program - and who has reversed much of Jeb Bush's antigovernment agenda - said recently that rail projects like HSR are "critical because we're still a growth state. Any of these transportation alternatives are good for Florida and good for jobs." (Read about Japan's high-speed trains...

Author: /time Magazine | Title: U.S. Stimulus Puts Bullet Trains on the Fast Track | 6/22/2009 | See Source »

...university's dormitories, the director of Tehran University appeared on national television to retract the criticism. After investigating the reports, he said, he found that all but one of the students who were originally said to have died there weren't even at the dormitory and were alive. The program then cut to a shot of a student called Mohsen Imani, who said he was alive and well and that he despised people misusing his identity...

Author: /time Magazine | Title: Forbidden Iran: How to Report When You're Banned | 6/22/2009 | See Source »

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