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...society had promised people and what would be available to keep those promises. (He was right, but it was still boring.) Peterson made $1.88 billion when Blackstone went public last month. Here was an opportunity for statesmanship that you would have thought Peterson would be unable to resist. Like Warren Buffett and Bill Gates Sr., he could be the rich man who speaks the truth to other rich folks about the need to pay their taxes. Yet there has been silence from that corner. Maybe Peterson has found a better use for his billions than securing his reputation for vision...

Author: /time Magazine | Title: Private-Equity Pigs | 7/19/2007 | See Source »

...like the New Deal--congressional opposition to the court was so intense that the court did an about-face. More frequently, though, opposition has been more diffuse, leading the court to beat only a partial retreat or ignore its critics. During the 1960s, for example, Congress complained about the Warren Court's school prayer and apportionment decisions, but there was no public outcry, and the court stood its ground...

Author: /time Magazine | Title: Courting Controversy | 6/28/2007 | See Source »

...Ruby, his gangster role is magnified by the recent books that go beyond the Warren Commission's portrayal of a strip-show proprietor and police buff. Some authors see him as a small-time hood in Chicago who worked his way up in what had been Al Capone's outfit. He was sent to Dallas in 1947, they say, with other Chicago gangsters to take over that city's rackets. Other reports had Ruby being exiled to Dallas by the Chicago Mob. Yet Marcello retained control of Dallas operations, working mainly through local boss Joseph Civello. The new books claim...

Author: /time Magazine | Title: The Assassination: Did the Mob Kill J.F.K.? | 6/21/2007 | See Source »

...resourceful Warren Commission critics have a solution to that dilemma too. They note credible reports that Ruby visited police headquarters, where Oswald was being held, twice on the night of the assassination, even attending a press conference at which Oswald was exposed to photographers. Ruby sat at the back of the room, allegedly carrying his handgun. He was spotted in a crowd outside the building about 3 p.m. on Saturday, when the transfer originally had been scheduled. On Sunday morning, three TV technicians reported seeing him near their van overlooking the transfer ramp well before...

Author: /time Magazine | Title: The Assassination: Did the Mob Kill J.F.K.? | 6/21/2007 | See Source »

...Warren Commission critics point out that its members had never been told about the CIA's scheming with mobsters to assassinate Castro, even though Castro had warned publicly on Sept. 7, 1963, that "U.S. leaders should think that if they are aiding terrorist plans to eliminate Cuban leaders, they themselves will not be safe." Allen Dulles, a member of the commission who had been the CIA director when the plots were hatched, did not disclose this secret to the investigators. The CIA had told Robert Kennedy, but he too kept this information from the commission. Bobby's apparent acquiescence...

Author: /time Magazine | Title: The Assassination: Did the Mob Kill J.F.K.? | 6/21/2007 | See Source »

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