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...complicated case stems from the departure of Greenberg in 2005, when he was ousted from AIG, a company he ran for 37 years, amid an accounting scandal. While the case gets at the wacky bonuses and compensation structure present at AIG for years, the facts of it predates the mortgage mess and the company's current troubles...

Author: /time Magazine | Title: AIG vs. Hank Greenberg: Who's More Deserving? | 6/15/2009 | See Source »

...Today, as giants like General Motors tumble into bankruptcy and others like Sony struggle with historic losses, smaller rivals are maneuvering for their market share. On the following pages, TIME looks at the key strategies of four companies that are seizing opportunity amid turmoil...

Author: /time Magazine | Title: Storm Riders | 6/15/2009 | See Source »

...recently, their songs formed the basis of the movie smash Mamma Mia! - but at the Hotel Rival the connection is barely discernible. One of the group's albums is always among the CDs in each bedroom, and the occasional shot of Abba in their 1970s heyday can be found amid the cinematic posters and prints that are a feature of the hotel's décor. But that's about it. (See TIME's Global Adviser for exotic, beautiful and interesting getaways...

Author: /time Magazine | Title: Former Abba Star Plays Hotel Host | 6/11/2009 | See Source »

...companies that once ranked among the country's most admired. Best-selling author and corporate researcher Jim Collins spent five years studying the decline of great businesses for his fourth book, How the Mighty Fall: And Why Some Companies Never Give In. He spoke with TIME about finding lessons amid the corporate wreckage, his choice for "entrepreneur of the decade" and why the rocky business climate may be here to stay. (See the top 10 bankruptcies...

Author: /time Magazine | Title: Jim Collins: How Mighty Companies Fall | 6/10/2009 | See Source »

...controversial methods, argue their defenders, were spawned by precisely that sense of urgency: in the immediate aftermath of 9/11, amid swirling rumors of further attacks to come - including the possibility of a "dirty" nuclear bomb - the Bush Administration had no choice but to authorize the use of whatever means necessary to extract information from suspected terrorists. "We had a lot of blind spots after the attacks on our country," former Vice President Cheney explained in a May 21 speech in Washington. "We didn't know about al-Qaeda's plans, but Khalid Sheikh Mohammed and a few others did know...

Author: /time Magazine | Title: After Waterboarding: How to Make Terrorists Talk? | 6/8/2009 | See Source »

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