Massimo Calabresi

Massimo Calabresi joined the Washington bureau of Time in 1999 and has covered the CIA, State, Justice, Treasury, Congress and the White House. He covered the wars in Bosnia, Croatia and Kosovo as Time's Central Europe bureau chief from 1995 to 1999 and the collapse of the Soviet Union as a freelancer in Moscow in 1991.

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Obama’s Love Letters: The Power of the Poetry Nerds

I don’t know if it means anything — it might mean nothing — but two of the most powerful people in the world, Barack Obama and Hillary Clinton, apparently spent a lot of time in college thinking, writing or speaking about T.S. Eliot’s Four Quartets.

WSJ vs. NYT on Murdoch

Compare and contrast these two headlines on octogenarian NewsCorp chief Rupert Murdoch’s testimony yesterday in front of panel investigating press ethics at his and other British papers: Murdoch, Center Stage, Plays Powerless Broker vs. Murdoch Bats Away ‘Myths’

The Last Days of Osama bin Laden

B.K.Bangash / AP

As U.S. Navy Seals burst into his fortress-like compound in Abbottabad, Pakistan, nearly one year ago, Osama bin Laden turned to the youngest of his four wives and said his last words: “Don’t turn on the light.”

Why Regulators Delayed the Volcker Rule

Federal regulators announced Thursday that final implementation of the Volcker Rule will be delayed two years beyond the nominal deadline this July. The delay is a win for banks that were struggling to adjust to the looming restriction on their ability to make money through market trading as opposed to the more traditional, less profitable, [...]

How Newt Gingrich Can Cash in By Cashing Out

Evan Vucci / AP

A Swampland competition to plot a profitable post-campaign future for the former Speaker.

The Lessons of Bosnia

Ron Haviv—VII

Our photo site, LightBox, has a powerful collection of images by some of the world’s best photojournalists from the Bosnian War, which began 20 years ago this month. I wrote the following brief observation to accompany the spread:

Why Obamacare May Stand: Reading Justice Kennedy, the Supreme Court’s Swing Vote

President Obama and Justice Kennedy

After three days of oral arguments and intense speculation in the press, the Supreme Court is said to be holding an initial vote Friday, March 30, on the fate of President Obama’s landmark health reform law. While conventional wisdom has swung against the high court’s upholding the law, a close reading of Justice Anthony Kennedy’s [...]

Health Reform Debate Arrives in the Supreme Court: Why It’s Not About Obama

Jonathan Ernst / Reuters

Listening to the heated rhetoric coming out of Washington, you may think the three days of health care arguments at the Supreme Court that began Monday morning, March 26, are about whether President Obama should have the power to force Americans to buy health insurance and order states to double the size of Medicaid through [...]

Prosecutors Gone Bad: Misconduct in the Ted Stevens Corruption Trial

Jose Luis Magana / AP

When you think about innocent people suffering at the hands of power-abusing authorities, usually it’s foreign thugs jailing dissidents, or maybe cops gone bad in urban America. On Thursday, a special counsel appointed four years ago by a federal judge released a 514-page report on the abuse of power by prosecutors in the case against [...]

The 2nd Circuit Slams Occupy Wall Street ‘Hero’ Judge Rakoff

The Washington Post / Getty Images

Remember how last fall that “heroic” Manhattan-based U.S. district court judge Jed Rakoff “ripped the SEC a new one” by blocking a massive settlement the agency had proposed  with Citigroup for the bank’s allegedly knowing and fraudulent acts in the run-up to the great recession? At the time of Rakoff’s decision last November, I wrote: