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...Ironically, Moynihan almost didn't stick around long enough at the bank to become its CEO. In late 2008, former CEO Ken Lewis reportedly considering firing Moynihan, who had joined the bank after its 2004 acquisition of FleetBoston Financial, after the executive turned down the post of head of the bank's card division. Lewis even had a press release drafted announcing Moynihan's departure. The bank's board of directors, however, convinced Lewis to keep Moynihan, who was made the bank's chief legal officer and then the head of its retail operations before becoming...

Author: /time Magazine | Title: BofA's CEO: How to Win Friends and Influence People | 3/30/2010 | See Source »

...However, peace didn't come to the entire North Caucasus - many insurgents simply moved over into the neighboring regions of Dagestan and Ingushetia, where terrorism attacks and assassinations continued. Then, last August, Umarov pledged to take the war to the Russian heartland, and in December he followed up on the threat, taking responsibility for a gruesome attack on a train from Moscow to St. Petersburg, which killed 27 well-to-do Russians, including three mid-level government officials. Yet the Kremlin still stuck to its normalization plan for the North Caucasus. For instance, Medvedev in January appointed a business-savvy...

Author: /time Magazine | Title: Moscow Bombings: A New Cycle of Retaliation? | 3/30/2010 | See Source »

...raid, pointing guns to her head and ordering her to put her six-month-old child on the floor. "He wasn't racist," Bryant said of her fiancé, as she sat in the last row of the courtroom. "I have friends who are Arabic and colored, and David didn't care." Next to her was Donna Stone, the elder man's former wife and the mother of David Jr. She said her ex-husband lived in two single trailers - "a hillbilly double-wide" - and related how he tried to recruit her into the Hutaree, saying, "'You pray...

Author: /time Magazine | Title: A New Name in American Paranoia: Hutaree | 3/29/2010 | See Source »

From the day McCain picked her from obscurity, Gore has seen Palin as a potent, raw political talent who is not to be underestimated. He didn't mention Palin by name, but he did say "anger is not a platform" and condemned voices who rail "against everything without any kind of sensible policy prescription" for alternatives. Gore's remarks were typical of those by other speakers at the event, including Reid. Democrats know it won't be easy to save control of Congress - and Reid's seat - in November. But the passage of health care gives the President's party...

Author: /time Magazine | Title: Sarah Palin Goes to War: Go for It? Hell, Yes! | 3/29/2010 | See Source »

...Chinese officials offered up a number of incomplete explanations of Gao's fate. He had gone missing while out on a walk, a police officer told Gao's brother. On Jan. 21 Chinese Foreign Ministry spokesman Ma Zhaoxu said Gao was "where he should be," then later said he didn't know where exactly that was. During a joint press conference with U.K. Foreign Secretary David Miliband on March 16, Chinese Foreign Minister Yang Jiechi said Gao had been convicted and sentenced for subversion and that he had not been tortured. But it was unclear if Yang was referring...

Author: /time Magazine | Title: A Chinese Dissident's Mysterious Reappearance | 3/29/2010 | See Source »

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