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...Were there speed bumps along the way? Well, the vetting of Secretary of Commerce nominee Bill Richardson - withdrawn after it was revealed that he's part of a federal pay-or-play probe - was hardly a model, and Timothy Geithner's tax problems while at the International Monetary Fund will slow down Geithner's move to Treasury, though probably not for very long. The unexpected indictment of Illinois Governor Rod Blagojevich and the circus that followed introduced a minefield that wasn't on anyone's transition road map, while the choice of Rick Warren to lead an Inaugural prayer generated...

Author: /time Magazine | Title: In Transition, Obama Comes Up Aces | 1/20/2009 | See Source »

...sleeveless shirt - a trademark pirate costume loved by fans, which looks ridiculous on anything other than Nadal's muscled body. Nike said the new line would be "more mature" and appeal to an older tennis-playing public. But only days before the tournament began, the clothes were withdrawn because Nadal said he felt uncomfortable...

Author: /time Magazine | Title: Tennis: Nadal's New Spin | 1/8/2009 | See Source »

...issues raised here go far beyond the issue of same-sex marriage," Brown wrote in his brief. "The question is whether rights secured under the state Constitution's safeguard of liberty as an 'inalienable' right may intentionally be withdrawn from a class of persons by an initiative... This litigation, perhaps for the first time, poses a more fundamental question: Is the initiative-amendment power wholly unfettered by the California's Constitution's protection of the People's fundamental right to life, liberty and privacy?" In other words, aren't some rights so sacred that they can't be taken away...

Author: /time Magazine | Title: Jerry Brown Reverses Course on Gay Marriage | 12/23/2008 | See Source »

...growth will be in countries that are already water poor. Not only will those extra billions need to drink, they will also need to eat--and agriculture sucks up two-thirds of the world's water. They will need electricity too, and in the U.S., nearly half the water withdrawn on a daily basis is used for energy production--to turn the steam turbines in coal plants, for instance...

Author: /time Magazine | Title: Dying for A Drink | 12/4/2008 | See Source »

...have to give a 45-day notice, as they do for most hedge funds - may be a different story. According to an analysis by TrimTabs Investment Research, in the last bear market, at the time of the bursting tech bubble, 4.3% of dollars in U.S. stock funds were withdrawn. So far in this cycle, which is inarguably more severe, only 3.5% of such assets have fled. "To me, this says there's more mutual-fund selling to go," says TrimTabs president and COO Conrad Gann...

Author: /time Magazine | Title: The Market Outlook: More Plunges or a Year-End Rally? | 11/24/2008 | See Source »

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