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...world's most profitable bank is oddly pedestrian. Lloyd Blankfein, Goldman Sachs' chief executive, is a movie buff and a bad dresser. He loves gambling in Vegas. He grew up poor and used to be an overweight two-packs-a-day smoker. So when his firm's rapid return to megaprofits this year ignited claims that Goldman Sachs had engineered the financial crisis so it could profit from it, Blankfein seemed the perfect man to explain why his firm - and indeed all of Wall Street - was not a band of élitist capitalist vampires but instead a virtuous bunch...

Author: /time Magazine | Title: TIME's People Who Mattered 2009 | 12/17/2009 | See Source »

...decision, which comes just months after the University announced that its endowment dropped an unprecedented 30 percent last fiscal year, was based on the “altered financial landscape of the University, and the wider world,” which “necessitates a shift away from rapid development in Allston,” according to the letter...

Author: By Sofia E. Groopman, CRIMSON STAFF WRITER | Title: Science Complex Construction To Halt in 2010 | 12/11/2009 | See Source »

...real threat to Israeli security: Iran. He cites Iran's support of Hamas as reason to avoid relinquishing Israeli control over the West Bank, whose hilltops are well within rocket range of Israel's main cities. Israeli officials are hinting that if President Obama doesn't demonstrate rapid progress in his diplomatic efforts to shut down Tehran's nuclear program, he should step aside and let Israel's air force...

Author: /time Magazine | Title: Protests Mount Against Israel's Settlement Freeze | 12/11/2009 | See Source »

...decision was based on the "altered financial landscape of the University, and the wider world," which "necessitates a shift away from rapid development in Allston," according to the letter...

Author: By Sofia E. Groopman, CRIMSON STAFF WRITER | Title: Harvard Pauses Allston Construction | 12/10/2009 | See Source »

...numerous opposition parties have come up with a consensus candidate whose stature as a war hero is unquestioned: retired General Sarath Fonseka, the army commander who defeated the Tigers. Fonseka has softened his once die-hard Sinhala nationalism and criticised the government for holding civilians in camps, calling for rapid and complete resettlement. "We did not win the war to lose the hearts and minds of the people," Fonseka said recently...

Author: /time Magazine | Title: Under Global Pressure, Sri Lanka Opens Camps | 12/3/2009 | See Source »

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