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...Bush will have a writing companion in his wife, Laura, who in January signed a multimillion-dollar contract to write her own memoir. But they'll have to pedal hard to catch up with the literary achievements of the current occupant of 1600 Pennsylvania Avenue. Thursday also brought news of Barack Obama's 2008 book earnings - with the same publisher, Crown. The President picked up $2.5 million in royalties last year for his memoir Dreams from My Father (139 weeks and counting on the New York Times paperback nonfiction list) and The Audacity of Hope (64 weeks on the same...

Author: /time Magazine | Title: Bush and Obama Share One Thing: A Publisher | 3/20/2009 | See Source »

...executive legitimately earns a bonus, then paying it out over a number of years makes a lot of sense,' says Paul Hodgson, a senior research associate at the Corporate Library, which examines issues of corporate governance. "But I find it hard to believe that any top executive at a bailed-out bank would have had the performance in 2008 to generate a multimillion-dollar bonus." (Read "Is Citibank Really Out of the Woods...

Author: /time Magazine | Title: Citigroup Plans Big Bonuses Despite Rules Against Them | 3/20/2009 | See Source »

...this is a symptom of a larger problem, a bubble-and-bust economy that valued reckless speculation over responsibility and hard work," Obama said in a statement released by the White House. "That is what we must ultimately repair to build a lasting and widespread prosperity...

Author: /time Magazine | Title: Citigroup Plans Big Bonuses Despite Rules Against Them | 3/20/2009 | See Source »

...This is not the first time Cheney has made those claims, but the timing of his diatribe - his first TV appearance since leaving office - is hard to miss. In recent days, Bush's policies have come under attack from several directions. Senator Patrick Leahy continues to push for a truth commission to look into the more contentious Bush-era practices, including allegations of torture. And Senator Dianne Feinstein's Intelligence Committee has just launched a review of the CIA's interrogation and detention policies. (Read "Leahy's Plan to Probe Bush-Era Wrongdoings...

Author: /time Magazine | Title: What's Behind Dick Cheney's New Attacks? | 3/19/2009 | See Source »

...admitting the left's policies were right all along, and surrendering his political raison d'être," says Dominique Reynié, director of Paris think tank Foundation for Political Development. "The anti-Sarkozy front has gotten so wide and even trendy that it's blinding people to hard realities. First, France's 74% debt to GNP level can't go higher without collapsing, so the margin for relief effort is tiny. Second, the recession is causing pain worldwide, yet the French are the only ones protesting. The problem may not be Sarkozy." But for now, at least...

Author: /time Magazine | Title: The Protests in France Get Personal | 3/19/2009 | See Source »

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