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In his book, Ellis traces Goldman's successful management approach to the firm's slow recovery from near failure and mortal embarrassment after the 1929 stock-market crash. (An investment fund it launched was one of the era's biggest disasters.) Goldmanites had no choice but to stick together and...

Author: /time Magazine | Title: Too Much Profit at Goldman and Morgan? | 7/27/2009 | See Source »

Nikolai Petrov, an analyst at the Carnegie Moscow Center, an independent think tank, said the trip "was pretty successful in the sense that he managed to reassure the leaders of these countries and to not make any statements which would seriously influence the Russian leadership." The problem in "Russian-American...

Author: /time Magazine | Title: Biden's Balancing Act in Georgia and Ukraine | 7/24/2009 | See Source »

I have known personally great people, specifically historian John Hope Franklin, federal appellate court judge Damon Keith, and Howard University law professor Patricia Worthy, to have experienced insult at the very height of their careers. The insidious nature of racial presumption is that the offending white person is often unaware...

Author: By Evelyn B. Higginbotham | Title: An Open Letter to Professor Gates | 7/23/2009 | See Source »

And so while Obama presses for House and Senate passage of health legislation by the time Congress leaves town for its August recess, congressional leaders say privately that it's going to be all but impossible to meet that deadline. That in and of itself poses a new danger, which...

Author: /time Magazine | Title: Obama's Health-Care Push: Congress Says It's About Time | 7/22/2009 | See Source »

• Qasab's family was promised almost 150,000 rupees - nearly $4,000 U.S. - if the attack was successful.

Author: /time Magazine | Title: The Mumbai Attacks' Surviving Gunman | 7/22/2009 | See Source »

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