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Chase asserts that its withdrawal was normal procedure. The bank withdrew the $250 million when it "became concerned about the lack of transparency to some questions we posed as part of our review," said Chase spokeswoman Kristin Lemkau in a January 2008 New York Times article. A Chase spokesman did not comment further. Fairfield had no comment...

Author: /time Magazine | Title: Madoff's Banker: Where Was JPMorgan Chase? | 3/25/2009 | See Source »

...Katherine Potter, a spokeswoman for Ausra, the company proposing the solar thermal plant, insists that large-scale solar is needed, and soon. "There is certainly a good place for distributed generation, but to ensure the reliability of the grid, you do need large-scale power generation," she says, explaining that solar thermal is the most efficient renewable energy source available in terms of the amount of land used...

Author: /time Magazine | Title: Solar Power: Eco-Friendly or Environmental Blight? | 3/24/2009 | See Source »

...Switzerland's 26 cantons, known for its cheese and sturdy mountain dogs, became a nude-hiking mecca is the subject of some speculation. "It's probably because naked hikers who had been here raved about their experiences on blogs, building this area's reputation," says Veronique Kanel, a spokeswoman for Switzerland Tourism, the country's official tourist body. "We haven't heard so far of a massive influx of naked hikers to other Swiss regions, although I suspect that once in a while they also go outside of Appenzell...

Author: /time Magazine | Title: Another Reason to Visit Switzerland: Hiking in the Nude | 3/24/2009 | See Source »

...made both suddenly and without previously discussing it with Spain's allies. NATO Secretary General Jaap de Hoop Scheffer expressed his disapproval on Friday. "Any significant change in the size or structure of KFOR should be the result of a decision within the Alliance," he said through a spokeswoman. U.S. State Department spokesman Robert Wood went further, saying, "We are deeply disappointed by this decision taken by Spain." Coming almost exactly five years after Zapatero's decision to withdraw Spanish troops from Iraq, Chacón's announcement has led some foreign commentators to portray the Spanish government...

Author: /time Magazine | Title: Spain's Withdrawal from Kosovo Angers Allies | 3/24/2009 | See Source »

...future to talk about. GM isn't planning anything fancy for the meeting - it will be held in Detroit to save travel costs. "The board felt they would be in a better position to give some perspective on the progress we're making on our restructuring," says GM spokeswoman Julie Gibson of the delayed meeting. "We've got a lot going on right...

Author: /time Magazine | Title: Detroit Tries Muscle: The Return of the Camaro | 3/21/2009 | See Source »

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