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That is why Buffett is not in the cable-news business. For as the economy nose-dives, CNBC - the TV darling of the turn-of-the-century stock boom - is proudly letting the emotion overcome it. (Read about Buffett's tell-all biography...

Author: /time Magazine | Title: CNBC Under Fire: Sticking Up for the Big Guy? | 3/12/2009 | See Source »

...altogether. Throughout the fall, the hits kept coming. Washington Mutual collapsed. Wachovia was sold off. Treasury Secretary Hank Paulson went before Congress begging for money, looking as if he'd seen a ghost. "It got to the point where I didn't want to pick up the paper or turn on the TV," says LaRoe. "The mantra I kept singing was 'This is perfect, guys. This is perfect. The banks won't even loan banks money...

Author: /time Magazine | Title: While the Giants Reel, Many Small Banks Are Thriving | 3/12/2009 | See Source »

...center-right newspaper El Mundo, and Catholic radio station COPE into a full-fledged conspiracy campaign. Yet even after the country's national court found absolutely no connection between ETA and the Madrid attacks, Rajoy said that his party would "continue to support" any further investigation. The Socialists, in turn, responded by accusing the opposition of exploiting the victims for political gain...

Author: /time Magazine | Title: Five Years After the Madrid Bombings | 3/11/2009 | See Source »

Analysts believe the crackdown will make Zardari even more unpopular, while boosting the standing of Sharif, a man once loathed for his own earlier attacks on the judiciary. "It's a very ominous turn of events," said Farzana Shaikh, a Pakistan expert at London's Royal Institute of International Affairs. "These are not actions that one normally associates with an elected government that has flaunted its democratic credentials." While she rules out a coup, Shaikh believes that Zardari's latest maneuvering will "create great consternation in the senior ranks of the army." General Ashfaq Kayani made a surprise visit...

Author: /time Magazine | Title: In Pakistan, Zardari's Crackdown Betrays Weakness | 3/11/2009 | See Source »

Today it was the turn of Winnenden (pop. 27,600), a pretty town some 12 miles (20 km) outside Stuttgart in southern Germany. At 9:30 in the morning, Tim Kretschmer, a 17-year-old former student of Albertville Realschule entered the school's plain, white flat-roofed building wielding a 9mm Beretta and, as a police spokesman described it, "simply opened fire". On his rampage through classrooms and corridors, the youngster, clad in black combat gear and reportedly wearing a mask, killed nine pupils, all of them aged 14 or 15, and three women teachers, and injured seven others...

Author: /time Magazine | Title: Germany Reels from Deadly School Shooting | 3/11/2009 | See Source »

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