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...firm is notoriously press-shy, and doesn't usually respond to articles. But it is firing back at Taibbi, the son of veteran NBC television reporter Mike Taibbi. A Goldman spokesperson told one reporter, "Taibbi's article is a compilation of just about every conspiracy theory ever dreamed up about Goldman Sachs, but what real substance is there to support the theories...

Author: /time Magazine | Title: Goldman Sachs vs. Rolling Stone: A Wall Street Smackdown | 7/3/2009 | See Source »

...minutes because he wasn't sure of the street address of Jackson's Holmby Hills home. The star was declared dead at 2:26 p.m. local time on June 25, and the awful news raced quickly from the ER through the Ronald Reagan UCLA Medical Center. Even veteran nurses reacted like many of his fans soon would. "They were hysterical. They're going, 'Michael Jackson is dead, he's dead!' They were catatonic," Irena Medavoy, wife of studio chief Mike Medavoy and a junior high school friend of Jackson's, told People. She was arriving for an appointment when...

Author: /time Magazine | Title: The Battle Over Michael Jackson's Legacy | 7/2/2009 | See Source »

...many veterans, the term "mistake" is an insulting understatement. For nearly four decades, France's governments and its military refused to even consider whether the tests might have caused illnesses in people exposed to them. Official claims filed by victims were usually turned away, according to veteran groups and lawyers for radiation victims. Those determined enough to get a response to their claim were confounded by the authorities, who would not release any information about the tests on the grounds that they remained state secrets. Only around 20 veterans have ever managed to win symbolic damages from civil courts, which...

Author: /time Magazine | Title: France Votes to Pay Nuclear-Testing Victims | 6/30/2009 | See Source »

...That's one reason veterans' groups remain on their guard. While they call France's official acknowledgment of responsibility for the consequences of nuclear testing a major breakthrough, they warn that the number of victims will reach into the tens of thousands or more. Because of that, they say Morin's initial compensation fund of $14 million will probably have to be increased to nearly $100 million. Those groups also argue that the commission to hear radiation claims - which will be composed of a judge and eight doctors - should also include veteran representatives. "The past has shown us that experts...

Author: /time Magazine | Title: France Votes to Pay Nuclear-Testing Victims | 6/30/2009 | See Source »

...Dade County, to the south, where 1 in 4 homeowners is 30 days or more behind in his or her mortgage payments, residents are bracing for what Mayor Carlos Alvarez says could be an imminent property-tax hike to fill an almost $400 million budget hole - a move that veteran Miami realtors like Alex Shay insist would set recovery back. "It's out of line," says Shay, who recently took Alvarez to task on his Miami Real Estate blog. "A lot of people here are barely holding on to their properties, using credit-card advances to pay escrow...

Author: /time Magazine | Title: Florida's Property Taxes Go Wacky in Housing Slump | 6/29/2009 | See Source »

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