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...launched was one of the era's biggest disasters.) Goldmanites had no choice but to stick together and look to the long run. The firm's now pilloried entwinement with Washington (some call it Government Sachs) began in those days too, after managing partner Sidney Weinberg made the rare-for-Wall Street move of backing Franklin Roosevelt in 1932. That led to a key role for Weinberg in the World War II industrial-mobilization effort, where he got to know top executives at every major manufacturing firm in the land. After the war, these executives began to reward puny Goldman...

Author: /time Magazine | Title: Too Much Profit at Goldman and Morgan? | 7/27/2009 | See Source »

...rare interview with TIME on July 10, Rajapaksa made no apologies about how he prosecuted his war with the Tigers. "We showed that you can defeat terrorism," he said. The U.S. and Europe, his biggest trading partners, publicly criticized his apparent disregard for human rights, but he dismisses the West's objections. "Some people think we are still colonies," he said. "That mentality must go." (Read "How to Defeat Insurgencies: Sri Lanka's Bad Example...

Author: /time Magazine | Title: Mahinda Rajapaksa: The Hard-Liner | 7/27/2009 | See Source »

...rebel Sunni group blamed for a series of attacks across the country, including the May 28 bombing of a Shi'ite mosque that killed 25 people. Even in a country that ranks second only to China in the number of people executed each year, such mass hangings are rare, and observers have suggested that the timing--they coincided with the announcement of a sweeping new set of restrictions on the domestic press--was meant to quell persistent unrest over the contested June 12 presidential election...

Author: /time Magazine | Title: The World | 7/27/2009 | See Source »

...dramatic rupture on July 20 was about more than technical and financial issues. Also at play were different management styles and views on what direction the Bolshoi should take next - a clash that is possible only in a vibrant creative environment that encourages varying philosophies, something that's rare in the world of Russian theater, with its lingering Soviet ethos. "The Bolshoi Theater actually operates quite well as a theatrical organism. It is not like some other theaters where one man decides everything," says spokeswoman Novikova, making a reference to the Mariinsky Theater in St. Petersburg, which has grown...

Author: /time Magazine | Title: Bolshoi Blues: Trouble at the Legendary Theater | 7/20/2009 | See Source »

...further evaluation. Studies suggest that PPD affects as many as 1 out of 7 mothers and that failing to treat it exposes women and their babies to unwarranted risk. "Postpartum depression is not a benign, uncommon thing. We screen all infants for [the genetic disorder] phenylketonuria, which is extremely rare. Why don't we screen women for this?" asks University of Pittsburgh Medical Center psychiatrist Katherine Wisner...

Author: /time Magazine | Title: Postpartum Depression: Do All Moms Need Screening? | 7/20/2009 | See Source »

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