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...Heyworth set out to collect signatures for a ballot initiative that would allow some company other than the Big Three to build a pipeline to the south. It was, on one level, a populist end run around some very big companies. And as he made the rounds of small towns seeking support from local officials, he found his way to Wasilla and its then 37-year-old mayor...

Author: /time Magazine | Title: Palin's Pipeline to Nowhere? | 10/2/2008 | See Source »

True to her campaign pledge, Palin had her gas team draft a pipeline plan that set tough conditions on whoever would build the line. One of the "must-haves," as they were called, required the builder to allow other producers to use the pipe, even if that meant expanding it at the builder's expense. That was a nonstarter with the big producers, who didn't even put in bids. In the end, the only acceptable offer came from TransCanada, an independent Canadian pipeline builder...

Author: /time Magazine | Title: Palin's Pipeline to Nowhere? | 10/2/2008 | See Source »

Schwan argues that taking over Genentech will, in fact, allow it to focus even more on the science at its core. But he also recognizes the need for freedom. "Genentech research needs to stay autonomous," Schwan says. "That is the key to preserving the specific culture they have...

Author: /time Magazine | Title: Roche's Rush | 10/2/2008 | See Source »

...haven’t got a choice: Those very innocent people are being held hostage at the moment, and we can’t allow that danger to go unmitigated for much longer. Plus, you cannot underestimate the folks with whom we’re dealing. They’re totally broke, living and working in the most tumultuous and inhospitable environment imaginable. Their life has been effectively lawless for years. This is a world in which, recently, every day in business may be your last, where mismatched games of chicken are played with major international powers. In these unstable...

Author: By James M. Larkin | Title: On Swashbuckling | 10/2/2008 | See Source »

...expedite legislation enabling the Bank of England to rescue failing banks. He also promised further protections for bank customers and a concerted attempt to break the vicious cycle reducing banks' ability to lend. And he warned against the partisan rancor that derailed the U.S. bailout. "Let's not allow the political wrangling and point-scoring that we've seen in America to happen here in our own country," he said...

Author: /time Magazine | Title: Washington Antics Dismay Britain's Conservatives | 10/1/2008 | See Source »

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