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Disillusioned by the administration's corruption, Paulson joined Goldman's Chicago office in 1974. His rise in the investment bank was meteoric (he made vice president within four years), and in 1998 he became co-CEO alongside current New Jersey Governor Jon Corzine. Paulson presided over the firm's immensely profitable IPO in 1999 - an offering to which he had long objected - and reaped the dividends immediately. Overnight, his holdings in Goldman rocketed from $95 million to $315 million. Though his ascent to Treasury Secretary in 2006 was by all accounts a promotion, it was nonetheless a sharp blow...

Author: /time Magazine | Title: Henry M. Paulson, Jr. | 9/18/2008 | See Source »

...choice of Palin as a vice-presidential running mate must be the worst political appointment since the Roman Emperor Caligula made his horse a Consul. Christopher K. Sumner, London...

Author: /time Magazine | Title: Inbox | 9/18/2008 | See Source »

Though Republican vice presidential nominee Sarah Palin recently mocked Barack Obama’s time as a community organizer, last night’s speakers at the Harvard Republican Club meeting encouraged students to get involved with local communities. Putting aside questions of partisanship, Jamie Bush, cousin of George W. Bush, and Democratic Reverend Hurman Hamilton spoke in Adams House Upper Common Room about their experiences in community work and provided insight into the state of poverty and urban issues in America. “You can be involved in a million different things on campus and beyond and you?...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Republicans Promote Community Programs | 9/17/2008 | See Source »

...election. Ever since, McCain's campaign has been a series of snide and demeaning ads accompanied by the daily gush of untruths that have now been widely documented and exposed. The strategy is an obvious attempt to camouflage the current unpopularity of his Republican brand, the insubstantiality of his vice-presidential choice, and his agreement on most issues - especially economic matters - with an exceedingly unpopular President...

Author: /time Magazine | Title: John McCain and the Lying Game | 9/17/2008 | See Source »

...cryptic Internet posse known for its attacks on Scientology may have found a new target in Republican vice-presidential nominee Sarah Palin. Several self-proclaimed members of Anonymous, a loosely organized group associated with the message board 4Chan, apparently breached the Alaska governor's personal Yahoo! account (gov.palin@yahoo.com) late Tuesday night...

Author: /time Magazine | Title: Sarah Palin's E-Mail Hacked | 9/17/2008 | See Source »

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