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...turn of events." Dennis Stevenson, Hornby's chairman at HBOS - which, along with Lloyds, got a $25 billion bailout from the government in return for 43% of the combined group - was "profoundly and unreservedly" apologetic. And really giving it his all, Fred Goodwin, ex-boss of the Royal Bank of Scotland (RBS), rescued by British taxpayers last fall with an even bigger bailout, said he "could not be more sorry." (See pictures of London's financial crisis...

Author: /time Magazine | Title: Britain's Bankers Say Sorry — Again and Again | 2/10/2009 | See Source »

...that during the ceremony at London's Royal Opera House, Slumdog Millionaire picked up seven awards, including Best Film and Best Director for Danny Boyle, Winslet won the Leading Actress award for her role in The Reader, and the Original Screenplay prize went to the Irish hitman comedy In Bruges. Echoing the sentiments of their American brethren, the British Academy voters also gave Leading Actor kudos to comeback king Mickey Rourke for his role in The Wrestler (his expletive-sprinkled acceptance speech getting some of the night's biggest laughs), honored the late Heath Ledger's turn as The Joker...

Author: /time Magazine | Title: And the British Oscars Go To... The Brits! | 2/9/2009 | See Source »

...Premier Brumby has announced a Royal Commision of Inquiry into the fires. "We want to make sure that every single issue, ever single factor, everything in relation to the horrific weekend, to the horrific fires on Saturday is investigated and uncovered," he told reporters as he toured the fire ravaged areas. Official advice to stay and defend their homes or leave before the fire became dangerous had failed to save people, he acknowledged...

Author: /time Magazine | Title: Horror and Tragedy in Australia's Worst Wildfires | 2/9/2009 | See Source »

Shrill? Maybe - though it's nothing compared to the lashing Royal gives Sarkozy, whom she variously describes as vulgar, avaricious and (gasp) boringly predictable. "His energy is impressive, but he really is a show-off," Royal says, claiming Sarkozy's quest for money and power leaves him looking ridiculous once he's attained it. "With his little sheriff's star and his plastic gun, his cowboy outfit, it's as if he had climbed up on the biggest horse in the merry-go-round and plucked down the prize...

Author: /time Magazine | Title: Ségolène Royal's Book-Length Whine | 2/5/2009 | See Source »

Maybe, but unlike Royal, Sarkozy (and copycat Obama) won their presidential bids and don't spend their time plotting revenge. "The real problem with this book is, it will horrify Sarkozy backers, thrill her own - and lead most in the middle asking what Royal could have been thinking when she wrote it," Reynié says. "If further dividing the left and uniting the right around Sarkozy is Royal's strategy for beating him, it certainly is unconventional...

Author: /time Magazine | Title: Ségolène Royal's Book-Length Whine | 2/5/2009 | See Source »

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