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...Kristin Godfrey described her reaction when she learned the troupe had to be shut down. As a result of plummeting investments at the Argosy Foundation - which sponsored two-thirds of the company's operating budget - the annual contribution became an impossible check to write. Six weeks was all it took, Godfrey says, from the announcement that their main donor was pulling out to the company's final curtain call...

Author: /time Magazine | Title: Arts Groups in Tough Times Think Locally | 7/24/2009 | See Source »

...Federal agents must have felt like those fishermen during the investigation that eventually took down 44 people in one of the largest corruption stings in New Jersey's malodorous history. The FBI did what cops normally do when they catch a thief in the act and don't think he's acting alone - they make him an informant. The informant in this case was a failed developer turned bank-fraud artist named Solomon Dwek, who then hung out his shingle as a bankruptcy fraudster who would launder money or buy off politicians for a small fee. The feds threw Dwek...

Author: /time Magazine | Title: The Beautiful Side of New Jersey Corruption | 7/24/2009 | See Source »

...fight over the pardon was also a prelude to the difficult questions about justice and national security inherited by the Obama Administration: How closely should the nation examine the actions of government officials who took steps - legal or possibly illegal - to defend the nation's security during the war on terrorism? The Libby investigation, which began nearly six years ago, went to the heart of whether the Bush Administration misled the public in making its case to invade Iraq. But other Bush-era policies are still coming under legal scrutiny. Who, for example, should be held accountable...

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

...counsel knew that only one legitimate reason for a pardon remained: if the case against him had been a miscarriage of justice. Because that kind of judgment required a thorough review, Fielding plowed through a thick transcript of the trial himself, examining the evidence supporting each charge. It took Fielding a full week. He prepared his brief for an expected showdown at a pardon meeting in mid-January...

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

Hard to believe now, but when Cronkite took over the CBS Evening News, he was the challenger, not the champion. The stylish Huntley-Brinkley Report was the dominant broadcast in what was still a new phenomenon: the idea that at the end of the day everyone with a television set could hear and see what had happened that...

Author: /time Magazine | Title: Walter Cronkite, a No-Nonsense Newshound | 7/23/2009 | See Source »

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