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...Times op-ed last week, Democratic Representative Howard Berman, chairman of the House Foreign Affairs Committee, argued that whatever Zelaya's alleged infractions, they should have been addressed legally, not militarily. "It's time to call this bird what it is," a military coup, and move on with whatever tougher sanctions that might mean in order to get the Micheletti regime to back down, Berman wrote. Obama and Clinton still feel a negotiated settlement in Honduras can be reached. But the Micheletti regime, which human rights groups say has cracked down violently on many Zelaya supporters (a charge it denies...

Author: /time Magazine | Title: Why Obama Won't Use the M-Word for Honduras' Coup | 9/5/2009 | See Source »

...David Schindler, a partner at Latham & Watkins who specializes in white collar and government investigations, says "human frailty" will always be a factor, and that would hold true even if tougher regulations and oversights had been in force over the past decade. "When you're a regulator and you get an allegation of wrongdoing [regarding] somebody who occupied the position in Nasdaq that Madoff did at that time, the human condition is such that it might be hard for somebody to start investigating or shooting at someone of his stature [knowing that] if they're wrong, their career and others...

Author: /time Magazine | Title: After Its Madoff Report, Can Victims Sue the SEC? | 9/3/2009 | See Source »

...says Baker. "We also tell the individuals in the room this is not just about you; we want you to tell the individuals you hang with what we're communicating." The failure to comply not only will bring about swift prosecution but also additional and tougher scrutiny on their friends and associates...

Author: /time Magazine | Title: How to Turn Around a Gang Member | 9/2/2009 | See Source »

...Virgin faring in the recession? Fares on international routes in particular are down across the industry. Well, Virgin America is a great airline and we're very proud of it. If you can create the best airline in your field, it's going to do well. Long haul is tougher because business class has collapsed. But Virgin Atlantic is 25 years old this year. We've been through 9/11, SARS - you name it. And fortunately we've built up the financial capabilities to deal with these tough years. We're just having to tighten the belt until the good years...

Author: /time Magazine | Title: Virgin Founder Richard Branson | 9/1/2009 | See Source »

...Mullen, Chairman of the Joint Chiefs, says the military situation in Afghanistan has deteriorated. "Last week I spoke to a couple of Army Rangers who had just engaged the enemy," Mullen told me. "They said it was like fighting the Marines. The Taliban were well trained, better organized, much tougher fighters than they'd been in the past." And that is why it is widely expected that General Stanley McChrystal will be requesting more troops when his review of the situation on the ground is completed in a few weeks. I'm told that President Obama will make a decision...

Author: /time Magazine | Title: Obama's Next Move in Afghanistan | 8/27/2009 | See Source »

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