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Trouble in the Old World The chain of scandals now tightening around the Vatican began in Ireland last year with the publication of two government-commissioned reports concerning sexual abuse by priests and at schools and orphanages run by the church. Four of Ireland's 24 bishops offered their resignation. Since then, the Irish Primate, Cardinal Sean Brady, has admitted he met two young victims of a pedophile priest in 1975 and asked them to sign an oath of silence. The priest went on to molest children for almost two decades before being arrested and sent to prison. Brady...
...curious bronze statue of a 10-year-old Barack Obama quickly turned into a tourist attraction. Foreigners flocked to the park in Jakarta to honor the U.S. President, who spent four years of his childhood in the Indonesian capital. Locals visited too, but they weren't as pleased. "Indonesians didn't want the statue here," says Yunus, a park keeper. After three months, the monument was quietly moved to a nearby school where Obama studied. "I'm not against Obama," says Protus Tanuhandaru, one of the founders of a Facebook page that called for the figure's removal...
...Every year, millions of business owners agree to put their personal assets on the line. "Even a business with a solid balance sheet may be required to have a personal guarantee," says Therese Franzén, an Atlanta lawyer and chair of the American Bar Association's consumer-financial-services committee. The hope, of course, is that your business will thrive and you'll pay down the loan just as you would a mortgage.(See how to plan for retirement...
...lieu of or to reduce the personal guarantee that banks may not go out of their way to reveal," says Michele Dean, senior vice president at Bethpage Federal Credit Union in Bethpage, N.Y. These chips include pledging accounts receivable and asking for a guarantee that gets smaller each year as you build a credit history...
...past year, Holder and Obama have been navigating one of the more difficult constitutional relationships in American government. On the one hand, the Attorney General is appointed by the President; on the other, he must remain politically independent of the White House. Holder, who as Deputy Attorney General a decade ago approved both the expansion of Ken Starr's investigation of Bill Clinton and Clinton's disastrous pardon of fugitive financier Marc Rich, needs no lesson on the pitfalls of his position. But Holder enjoys a personal relationship with Obama that he never had with Clinton - and that makes...