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...funny what an appetite we have for this kind of hardcore law-porn. Sure, Michael Clayton did it better, but you still get a buzz off of John Grisham's new book The Associate. The late hours, the fluorescent lights, the vicious competition, the fancy perks, the brilliant minds drowning in gallons of coffee and endless reams of paper. God knows they're not having much fun. But we are. It's a Tom-and-Huck scenario: they paint the fence, while we watch and pretend to get tired. Grisham doesn't try to glamorize it - in fact he works...
...auto industry crisis was beginning to look complicated, the latest news from Chrysler is sure to make it a head spinner. The deal announced this week not only gives Italy's Fiat S.p.A. a flexible stake in Chrysler, but turns the ultimate control of the automaker into the financial equivalent of a five lane roundabout...
...world wants to know, first, is that we are going to fix this [economic and financial] problem and make people confident in the quality of the stewardship of the economy." The world also wants to know, one source close to Geithner says, "that we are going to make sure the U.S. will grow over time and that we will continue to be open to the world for trade and investment...
...sure this is an unusual flow of Ponzis," says Katherine Addelman, SEC regional director in Atlanta. "But since Madoff, there's a lot more coverage. These cases are moving to the front page, and because of it more people are getting skeptical of these investments," she says. "They're more willing now to give information to us." Some Ponzi crooks are either so brazen or stupid, Addelman says, "they even solicit SEC staff members." (See pictures of TIME's Wall Street covers...
...Mitchell is fair. He's been meticulously even-handed. But the fact is, American policy in the Middle East hasn't been even-handed-it has been supportive of Israel when it felt Israel needed critical U.S. support. So I'm concerned. I'm not sure the situation requires that kind of approach in the Middle East." - Abraham Foxman, director of the Anti-Defamation League. The Jewish Week...