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...Perhaps not surprisingly, a good chunk of disorderly-conduct charges end up being dropped, as happened in the case against Gates, who was arrested on his porch on July 16 after yelling at the officer who responded to a report of a possible break-in at the Harvard scholar's home in Cambridge, Mass. Gates, who is black, accused Sergeant James Crowley, who is white, of being a racist and also cast aspersions about the cop's "mama." "Mr. Gates was given plenty of opportunities to stop what he was doing. He didn't. He acted very irrational. He controlled...

Author: /time Magazine | Title: The Gates Case: When Disorderly Conduct Is a Cop's Judgment Call | 7/25/2009 | See Source »

...more modest sum. Before the ink had dried on the check, Wiedeking announced he would donate half the money to a Porsche-sponsored charity. Not without a sense of humor, he also pledged to donate $2.3 million to assist "needy journalists". The German taxman will likely get a big chunk of what is left. "For the first time an executive has responded to the ever louder public criticism of compensation and bonuses for managers," wrote the business daily Handelsblatt. "It could be that the Wiedeking affair is a turning point." (Read "Why VW and Porsche are On a Collision Course...

Author: /time Magazine | Title: Is Porsche's Exiting Boss A Symbol of Capitalist Excess? | 7/25/2009 | See Source »

...Citi has stuck its mortgage loans, is still in bad shape, Citi officials say Citicorp, which the bank calls its "core" investment bank and its retail bank divisions, is on the mend. Later this week, Citi plans to complete the first stage of a deal to swap a large chunk of its preferred shares for common stock, which will greatly improve the financial standing of the bank - though it will also more than quadruple the company's shares outstanding and result in the government's owning 34% of Citi...

Author: /time Magazine | Title: Can Citi Ever Turn It Around? | 7/23/2009 | See Source »

...Repent: La Repubblica reports that Berlusconi may sell his palatial properties in Rome and Sardinia, where the alleged trysts took place. The Prime Minister has already said a chunk of his August vacation will be spent near the decidedly less glamorous L'Aquila, continuing efforts to rebuild the city (and his image) after the April earthquake. Some have even suggested that he may make a pilgrimage to the revered Italian saint Padre Pio as a way to respond to Catholic criticism of his behavior. Can you say Santo Silvio? (See pictures of Padre Pio's saintly return...

Author: /time Magazine | Title: The Berlusconi Tapes: 5 Ways to Evade the Scandal | 7/22/2009 | See Source »

...Tigers. Right. We often compare the war in Afghanistan to the war in Iraq, and in my opinion, it much more closely parallels the war in Colombia and the transformation of the FARC from a Maoist group into a criminal smuggling organization that came to control a Switzerland-size chunk of Colombia. [Many] of the Taliban commanders have lost their ideological roots and are really just in it to make a buck...

Author: /time Magazine | Title: Fighting the New Narcoterrorism Syndicates | 7/17/2009 | See Source »

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