Although Goldman insists that it was practically forced to take $10 billion in bailout money, the LAT points out that the company benefitted in other ways. Goldman could have seen lots of red ink in its books if the government hadn't rescued American International Group, for example. The WSJ notes that while Goldman increased risk-taking this quarter, it also reduced its leverage, meaning it didn't use borrowed money as much.
The LAT's Borzou Daragahi takes a look at how the image of Iran's supreme leader has changed after he decided to openly support President Mahmoud Ahmadinejad. Ayatollah Ali Khamenei "has gotten his hands dirty" and subsequently set "in motion an unpredictable series of events that could fundamentally change the Islamic republic," writes Daragahi. The man who was seen as God's representative is now criticized and laughed at by disappointed Iranians. And it's not just among reformists. Even conservative Ahmadinejad supporters say Khamenei made a mistake by so eagerly supporting the election results before they were officially ratified. "For nearly two decades Khamenei has wielded power without accountability," an analyst said. "Those days are over."
The NYT looks into the history behind the rise of the gyro in the United States. There are approximately 50,000 vertical broilers across the country that spin those off-color gyro meat cones that are often manufactured by large companies in factorylike settings. And what's in those cones anyway? At the world's largest manufacturer of gyros, raw beef and lamb trimmings are "run through a four-ton grinder, where bread crumbs, water, oregano and other seasonings are added. A clumpy paste emerges and is squeezed into a machine that checks for metal and bone." Then 60 pounds per square inch of hydraulic pressure is used "to fuse the meat into cylinders, which are stacked on trays and then rolled into a flash freezer, where the temperature is 20 degrees below zero." Sounds like you're better off just thinking about it as mystery meat.