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Litt, who in mid-December took on the even juicier task of prosecuting Bernard Madoff, is deliberate, with an extreme attention to detail. He has a cool head, but friends love pointing to his dry sense of humor. For example, he once told a dentist he was examining in court that he was looking forward to finally having a dentist in his chair. In a recent court brief he quoted Shakespeare. "The irony of the [defense's] casting of his argument in terms of the Lady Macbeth line, 'Out, damned spot! Out I say!,' Litt wrote, "is [an irony...

Author: /time Magazine | Title: The Man Who Will Prosecute the Bernard Madoff Case | 1/14/2009 | See Source »

...technology platform, and worked on Obama’s record-breaking fundraising Web site. As chairman of the FCC, Genachowski will take the reins of an organization that has become increasingly relevant with the rise of the Internet and information technology such as wireless communications. His first task will likely be to oversee the nation-wide transition to digital television that Congress has set for Feb. 17. Obama has already asked for a delay to allow Americans more time to obtain coupons for converter boxes for their analog TV sets. During the campaign, Genachowski backed Obama’s support...

Author: By Noah S. Rayman, CRIMSON STAFF WRITER | Title: Obama’s HLS Pal Picked For FCC | 1/13/2009 | See Source »

...happened. China has entered a recession and it may end up being deeper than the one in the U.S. It is not clear that the government can mount and manage a plan to create about 10 million new jobs. This will be an even more difficult task if exports continue to fall sharply. China does not have a service industry which is anywhere close to being as large a part...

Author: /time Magazine | Title: The Last Pillar of the Chinese Economy Falls | 1/12/2009 | See Source »

...paramilitary operations go, I believe that we should have components within the Department of Defense and within the CIA, and that they should be working very closely together to apply the right kind of capability to the right kind of task, because some of them are better at it than others, and in certain circumstances you want somebody there who is not tied to the armed forces of the United States." - On whether or not the U.S. should have paramilitary forces cable of disrupting terrorists before they strike (September 21, 2004, before the Senate Appropriations Committee...

Author: /time Magazine | Title: Dennis Blair | 1/12/2009 | See Source »

...start, the main Shi'ite and Sunni political blocs are crumbling. In three weeks of infighting over the resignation of the speaker of parliament and the task of appointing his replacement, the Sunni Tawafiq bloc has shrunk to just over half its original size of 44 MPs. In the past three years, parliament has also seen the ruling Shi'ite bloc slowly split apart. The most significant blow came in 2007 with the angry departure of dozens of followers of anti-American cleric Muqtada al-Sadr. And the bloc's remaining big powers - al-Maliki's Dawa Islamic Party...

Author: /time Magazine | Title: In Iraqi Politics, the Sunni-Shi'ite Divide Recedes | 1/12/2009 | See Source »

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