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...expectations that the highest ranks of the bank's management would step up and assume responsibility in the affair. "We are in a system where, when you have a big salary - which is without doubt legitimate - and there is a big problem, you cannot escape your responsibilities," Sarkozy said Monday, in an evident reference to Bouton...

Author: /time Magazine | Title: SocGen Boss Keeps Job | 1/30/2008 | See Source »

...different ways we have been thinking and talking out loud since taking third in New Hampshire," Trippi said. "Every day we were looking for ways to break out against these two candidates ... It became clearer and clearer after South Carolina on Sunday, Monday and Tuesday, the press was really focused on Clinton and Obama that it was going to be tougher and tougher for us to break through. And contrary to what staff or pundits may say - the idea of playing the political game of kingmaker or spoiler never really appealed to him. In his mind it was a clear...

Author: /time Magazine | Title: Why Edwards Never Caught On | 1/30/2008 | See Source »

...Some moments are shared only among sisters. So when Lady Sarah took the stand at the inquest into the deaths of Princess Diana and Dodi Al Fayed on Monday, attorneys hoped to unearth some of the secrets that Lady Sarah may have been privy to - particularly those regarding Diana's relationship with Dodi and the Royals. She didn't disappoint. She claimed that on August 29, 1997, just two days before the Princess's death, Diana phoned her from the Al Fayeds's luxury yacht to express her fear that she was under surveillance. "She thought the boat was being...

Author: /time Magazine | Title: Diana's Sister Testifies at Inquest | 1/29/2008 | See Source »

...leaders held a minute of silence to remember Mugabe Were, a young lawmaker with Odinga's Orange Democratic Movement, who was slain as he drove up to his gate in Nairobi late Monday night. The police said they had detained three people in Were's killing, which bore all the hallmarks of an assassination: he was shot at least twice in the head from a car that had pulled up next to his. "It is despicable that a member of parliament should be assassinated in this manner," Odinga told reporters earlier in the day. "We have witnessed five bullets that...

Author: /time Magazine | Title: A New Burst of Killings in Kenya | 1/29/2008 | See Source »

...This year, travel has been particularly grueling, as some of the heaviest snowstorms in recent memory have wrought destruction and misery in 14 of China's provinces. The Ministry of Civil affairs announced on Monday that 24 people had died in storm-related accidents, including 10 in collapsed houses. On Tuesday, 25 people were killed when a bus slid off an icy road in southwestern Guizhou province, the state-run Xinhua News Service reported. Some 80 million people have been affected by the storm, 1 million of them having had to be relocated. Damage, including the collapse...

Author: /time Magazine | Title: No Way Home for China's Migrants | 1/29/2008 | See Source »

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