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...misconduct. He also was one of the few people in Washington who had served in as many Republican Administrations as Cheney had, which meant he had uncommon stature in the West Wing. And he was everything Bush's two previous counsels, Alberto Gonzales and Harriet Miers, hadn't been: strong-willed, independent and fearless. Says an old friend: "Freddy isn't afraid of anyone. He will slit your throat with a razor blade while he is yawning." (See the top 10 George W. Bush YouTube moments...

Author: /time Magazine | Title: Inside Bush and Cheney's Final Days | 7/24/2009 | See Source »

...additional liquidity flexibility," though it does not qualify as "same-day liquidity"—a measure of an institution's ability to meet cash demands quickly. At the time, the ratings agency issued a stable outlook for Harvard's credit rating based in part on its "maintenance of strong liquidity and capital ratios...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Harvard Considers Swapping in Tighter Credit Line | 7/23/2009 | See Source »

...walked along a picturesque marble boardwalk at the ocean’s edge, I decided to take a discreet picture of the sea. Within thirty seconds of removing my camera from my backpack, I felt a strong hand on my shoulder. It spun me around so that I was face to face with an angry military officer, who had a large gun slung across his shoulder. He promptly confiscated my camera and questioned me as to what possible reason I could have for being in the country and taking pictures. The soldier even suggested at one point that I could...

Author: By James A. Mcfadden | Title: The Accidental Tourist | 7/23/2009 | See Source »

...European powers, Russia and the U.N. have all publicly supported the U.S. position - Netanyahu clearly believes he can force the President to back down. And in doing so, the Israeli leader has taken a position from which he'll find it difficult to retreat. Netanyahu will get strong political support within Israel for standing up to Washington on Jerusalem (as he has done by resisting pressure for a settlement freeze), and he expects that the more symbolically powerful issue of the Holy City will win him support in the U.S. from Jewish leaders and Christian conservatives. In introducing Netanyahu...

Author: /time Magazine | Title: Jerusalem Threatens Obama Peace Plan | 7/23/2009 | See Source »

...large and effective. Money in China has been especially easy to find. Aggregate new bank lending surged 201% in the first half of 2009 from the same period a year earlier, to nearly $1.1 trillion. Exuberance over a quick recovery - which was given a boost by China's surprisingly strong 7.9% GDP growth in the second quarter - has buoyed investor sentiment not just for stocks but also for real estate. According to government data, new home prices in 36 Chinese cities rose 6.3% in June from a year earlier. The property sector is showing signs of the frothy enthusiasm that...

Author: /time Magazine | Title: Asia's Easy-Money Policies: Fueling New Bubbles? | 7/23/2009 | See Source »

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