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...already fallen into a steady routine, waking before sunrise at his northwest-Washington apartment, from which his wife Elisa New plans to commute to her job as an English professor at Harvard. (Each has three children from a previous marriage.) About 13 hours later, after meetings on a dizzying array of topics, he returns home to read reports from Congress or the Group of Thirty, an international body of economists, and call a network of peers who advise him. "I have aged, so I don't think I have called anyone after 11 o'clock since this job," he jokes...

Author: /time Magazine | Title: Can Larry Summers Save the Economy? | 1/29/2009 | See Source »

...years ago, M&A activity was driven by easy capital and the notion that putting two related companies together could enhance revenue by selling a broad array of products and services to common customers. Many of those deals are in trouble now because of the leverage they took on to fund their transactions...

Author: /time Magazine | Title: Behind Pfizer's Deal to Buy Wyeth | 1/26/2009 | See Source »

...while 35-hour order reigns, Zenevre and others note that the array of complicated schemes using tax-free extra time will need restructuring once the bad times are over. Some employees argue that the 35-hour limit may need to be legally lengthened to prevent bosses from forcing extra hours on them they don't want...

Author: /time Magazine | Title: Why France's 35 Hour Week Won't Die | 1/22/2009 | See Source »

...Opting the Republicans Obama's shrewdest move, though little noticed at the time, came two weeks ago, when he broadened his long-promised package of tax cuts for individuals to include a larger array of deductions for businesses. These proposed tax cuts and credits take the form of accelerated depreciation schedules for certain investments and complex prior-year tax rollbacks. The surprise proposals set the stage for what is likely to be a bipartisan passage of the stimulus package. The sheer volume of these cuts - numbering in the hundreds of billions - makes it very difficult for Republicans to oppose...

Author: /time Magazine | Title: In Transition, Obama Comes Up Aces | 1/20/2009 | See Source »

...Recipient of a 1973 bachelor's degree from the Air Force Academy, where he majored in psychology and basic sciences and accrued an array of academic awards...

Author: /time Magazine | Title: Chesley B. Sullenberger III | 1/16/2009 | See Source »

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