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...weeks ago, we ran a different special report, on national service. Now the Entertainment Industry Foundation (EIF) has organized an unprecedented week of programming, beginning Oct. 19 on NBC, ABC, CBS, Fox and other networks, that will spotlight service. You won't be able to miss it. This is part of EIF's new iParticipate campaign, designed to usher in a new era of volunteerism. Go to the campaign's site--iparticipate.org--to find volunteer opportunities near...
Delays are happening in part because a recession is not a great time to buy a bank, and the FDIC is having trouble finding acquirers for troubled institutions. The FDIC could liquidate a failed bank or run it itself, as it did late last year with IndyMac. But those options tend to be even costlier. Meanwhile, "bad banks are more like fish than wine," says Bert Ely, a bank-industry consultant and an FDIC critic. "They get smellier with...
...rapprochement between warring parties seems unlikely. In a brief telephone interview, South Ossetian leader Eduard Kokoity called Saakashvili "psychologically unbalanced," "unstable" and a "liar." For his part, Saakashvili seems to like to taunt Putin, now Prime Minister of Russia. ("Putin pledged solemnly to hang me by the balls. He couldn't succeed in that," he says.) The Russians refuse to speak to Saakashvili at all. They continue to accuse him of genocide, a dubious description for a conflict that resulted in 358 South Ossetian deaths...
...first prolonged taste of the U.S. when he won a fellowship to study law at Columbia. He lived in New York City and Washington for several years, passed the New York bar exam and worked in private practice before being summoned back to Georgia to be part of a movement of young reformers, many of whom had been living in the West, that would transform what had been until 1991 a republic of the Soviet Union...
Troubles at Home Saakashvili's grand plans don't impress his opponents. They think that he - like most other leaders in this part of the world - is power-mad. The media and judiciary still aren't nearly independent enough. The opposition, whom Vice Prime Minister Temuri Yakobashvili dismissed as "losers, naifs and traitors," says it is persecuted for its dissent. "This energy and force [Saakashvili] has inside is a rare quality," says Sozar Subari, who was until recently Georgia's public defender. "But unfortunately, he used this to strengthen autocracy, not democracy...