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...family thrived after the war, but now it faces diaster. Even without the Auschwitz allegations, the foundations of the Schaeffler industrial empire have been shaken. With the German government (and Germany's taxpayers) refusing to bail her out, Maria-Elisabeth Schaeffler will have to give up a significant stake in the company to pay off creditors and could lose control of the family business. She has gambled high before and - defying the odds - won. She once said in a rare interview, "You don't get anywhere in this world by being nice to everyone." No one is being nice...

Author: /time Magazine | Title: German Company Seeking Bailout Is Tied to Auschwitz | 3/5/2009 | See Source »

...into the enclave, but there is probably no way large amounts of aid money can be distributed in Gaza without at least indirectly helping Hamas. No other Palestinian organizations have the infrastructure to put that money to use, and the international agencies that operate there have often found themselves shaken down by Hamas. Given the Islamists' political control of Gaza, there's little prospect of any administrative authority functioning there without the consent of Hamas...

Author: /time Magazine | Title: For Obama, Helping Gaza Is Harder Than It Looks | 3/2/2009 | See Source »

...Harvard has shaken off preseason expectations and redefined itself on its own terms. Led by its veterans, the Crimson has gained confidence, fought back from tough deficits, and learned from its missteps. When it would have been easy to give up and write the season off as a disappointment, that’s when Harvard revealed its true character...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: TO SAY THE LEIST: Harvard In Prime Form for Playoffs | 2/23/2009 | See Source »

Thus far, a series of all-nighters by legislators, plus the governor's actions shutting down the state government piece by piece, have not shaken loose the one remaining GOP vote needed to pass the spending plan...

Author: /time Magazine | Title: California: One Vote Short of Averting Catastrophe | 2/18/2009 | See Source »

Investor sentiment was shaken over the holiday weekend by news that Japan's economy shrank at an annualized rate of almost 13% in the latest quarter. Economic news from virtually every corner of the world is reinforcing the notion that this economic storm knows no bounds, and may be gaining fury...

Author: /time Magazine | Title: Why the Stock Market Keeps Plummeting | 2/17/2009 | See Source »

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