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...Cash. Each week, regardless of whether the President is on-site, Evergreen Chapel holds Christian services open to the nearly 400 military personnel and staff at Camp David, as well as their families. The Bush family spent eight straight Christmases at Camp David, in large part because of the retreat's privacy, and were regular attenders of the chapel's candlelight service on Christmas Eve. Other Presidents and their families have opted to stay in Washington for the holiday. The Clintons traditionally went to midnight mass at the Washington National Cathedral and woke up in the White House on Christmas...

Author: /time Magazine | Title: No Churchgoing Christmas for the First Family | 12/23/2009 | See Source »

...that immunity is lifted, Zardari is unlikely to go quietly. His aides stress that he will face any charges brought against him. But since assuming the presidency, Zardari has been repeatedly drawn into political fights in which he has been forced to retreat under pressure from the opposition, the media and the military establishment. Some observers believe he can brave the gathering storm if he moves quickly to relinquish the executive powers of the presidency and overhaul his much criticized Cabinet. But unless he makes those concessions, analysts say, Zardari could find himself locked in a bitter battle for political...

Author: /time Magazine | Title: New Zardari Corruption Charges: Bad News for U.S. | 12/18/2009 | See Source »

...analysts say Citi's rush to repay the assistance it got through the government's Troubled Asset Relief Program (TARP) will make the bank weaker, not stronger. The move will reduce Citi's capital ratios and hurt earnings; it may also accelerate a retreat of foreign investors from the company's shares. Worse, the government is demanding stricter terms from Citi than it did from Bank of America on the repayment deal it struck just a week ago. The different treatment shows that the government remains more concerned about Citi's finances than those of its rivals...

Author: /time Magazine | Title: Citi's TARP Repayment: The Downside for a Troubled Bank | 12/15/2009 | See Source »

...YouTube caption, offers a “look inside the courtyard of Yale's oldest secret society.” And Gawker reported on Monday that the new privacy settings on Facebook confused a "boneswoman," which resulted in her pictures (from a Skull and Bones party at its retreat on Deer Island) being leaked out to the interwebs. Oops...

Author: By Gautam S. Kumar, CRIMSON STAFF WRITER | Title: Skull and Bones "Secrets" Revealed | 12/15/2009 | See Source »

...spinmeister's trick of dumping news late on Friday afternoon, Woods has admitted on Dec. 12 to "infidelity" (ah, that's what he meant by his original confession of "transgressions") and announced on his website that he's going to stop playing golf for a while. Tiger is in retreat. The fight will come another day - if at all. (See the top 10 scandals...

Author: /time Magazine | Title: Can Golf Survive Without Tiger Woods? | 12/12/2009 | See Source »

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