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...story on the legal and political storm over the disclosure of a CIA officer's identity and Karl Rove's involvement drew mail from readers who expressed their dismay at the lengths to which the White House will go to discredit critics. Others dismissed the affair as a partisan attack on President Bush's key strategist...

Author: /time Magazine | Title: Letters: Aug. 15, 2005 | 8/7/2005 | See Source »

...heard the New Testament story about Jesus calming the storm, right? The one from the Gospel of Matthew, in which the Apostles wake Jesus from a nap while waves almost ravage their boat. According to one version, it goes, "Jesus awoke and asked them, 'Are y'all doubters out there pouting for real/ What's the deal?/ Where's all that faith you always talking about when I'm not around?/ How you gone' doubt right now?/ Check this out/ ... I'm talking to the waters and clouds/ Rain and wind, y'all both calm down...

Author: /time Magazine | Title: Glossy Scripture | 8/7/2005 | See Source »

...week's end, authorities said the floods had killed 370 people in Bombay and about 900 across Maharashtra state, and had caused some $230 million worth of damage. The storm effectively shut down the city of 16 million. Power and telephone lines were severed. Without staff or customers, stores closed. Trains and buses stopped running, and planes were grounded because the international airport was flooded. Streets stayed blocked for days by vehicles whose drivers had abandoned them. If Bombay really is the business capital of the next big economy, asked the city's stranded businessmen, how come the entire infrastructure...

Author: /time Magazine | Title: Bombay's Rain Check | 8/1/2005 | See Source »

...week's end, the authorities said the floods had killed 370 people in Bombay and around 700 across Maharashtra state, and had caused some $400 million in damage. The storm effectively shut down the city of nearly 20 million. Power and telephones were cut. Without staff or customers, stores closed. Trains and buses stopped running, and planes were grounded because the international airport was flooded. Streets stayed blocked for days, gridlocked by vehicles whose drivers had abandoned them. If Bombay really is the business capital of the next big economy, asked the city's stranded businessmen, how come the entire...

Author: /time Magazine | Title: E-mail From Bombay: Drenched Dreams | 7/29/2005 | See Source »

...York City--based hedge fund, Paulson & Co., which alleges that the initial deal wasn't fairly valued. And some private-equity firms are starting to fret that the European buyout scene has grown so fast that it's in danger of overheating. "It's like a perfect storm," says Carlyle's Millet, who is worried about the increased amounts of debt and dwindling returns. "All the ingredients are there for a big blowup...

Author: /time Magazine | Title: Buyout Mania | 7/18/2005 | See Source »

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