Word: settlements
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...sells books, runs a phone system and is even working on a desktop operating system to rival Windows. CEO Eric Schmidt recently stepped down from Apple's board of directors because the two companies now compete in so many areas. The U.S. Justice Department is investigating a legal settlement between Google and the publishing industry over the company's book-scanning service, and Christine Varney, Justice's antitrust chief, said she sees Google as a "problem...
...confounding thing, of course, is that after the bailout of AIG, Goldman got $12.9 billion from AIG in the form of collateral that Goldman already had in its possession and a cash settlement of ongoing margin disputes. "The fact of the matter is, we already had the collateral," Blankfein says. "If AIG had defaulted, guess what - we would have kept the collateral from AIG and from the banks we'd bought protection from. The government's decision to bail out AIG was about the risks to the system. It wasn't about Goldman Sachs...
...Rabbi Shalom Dov Wolpe, a leader of the Chabad Hasidic movement in Israel told TIME. "He fought against the people of Israel, against the land of Israel, against the Torah of Israel, against God." Olmert, says Wolpe, "is getting his punishment." (See pictures of life in a West Bank settlement...
...Were even imperfect movement made on the settlement issue, it would probably be enough to clear the way for Netanyahu to meet with Palestinian President Mahmoud Abbas in the margins of next month's United Nations General Assembly. That resumption of direct contacts would be a major boost for Obama's stated foreign policy priority of laying the foundation of lasting peace in the Middle East. And it would also reverse the dramatically deteriorating Israeli-Palestinian relations that helped lift hard-line, mutually hostile governments to power on both sides of the divide. (See pictures of heartbreak in the Middle...
...Still, those small, careful steps may be too slow for a situation already favoring extremes. In a survey released on Wednesday by Israel's Maagar Mohot polling company, two-thirds of respondents said they share the hard-right's refusal of any freeze on West Bank settlement - even if Arab nations reward such a move. Meanwhile, the hardship and anger produced in Palestine - and in Gaza particularly - is so great that slow but sure peace progress may not be enough...