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...coming to a deal in a lame-duck session particularly difficult. Other options Democrats are exploring include asking the Federal Reserve to supply the loans or requiring the banks that the government is currently bailing out to loan the money to the Big Three. As an alternative, Utah Senator Bob Bennett suggested Thursday that those banks getting money from the Treasury be required to convert any carmaker debt that they hold into equity, thereby easing the Big Three's cash crunch...

Author: /time Magazine | Title: Big Three Bailout Hits Some Speed Bumps in Washington | 12/4/2008 | See Source »

...resonance was literal, political - few civil rights rallies of the early '60s were complete without an Odetta rendition of "We Shall Overcome" - and cultural. "The first thing that turned me on to folksinging was Odetta," Bob Dylan once said, and listening to that Tradition album helped persuade the young rocker to switch from electric to acoustic guitar. Odetta returned the favor in 1965, recording an LP of Dylan songs with an emphasis on the antiwar numbers rather than Dylan's sheaf of civil rights ballads...

Author: /time Magazine | Title: Odetta: Soul Stirrer, 1930-2008 | 12/3/2008 | See Source »

When CEO's Bob Nardelli (Chrysler), Alan Mullaly (Ford), and Rick Wagoner (GM) appeared before Congress late last month in search of a bailout, they were basically told, "Get the hell out of here until you have detailed plans to get your industry in order." Well, here they are: Three business plans, numbering between 14 and 37 pages, providing a detailed outline of how each executive plans to turn his company around - and what the Federal government can do to help...

Author: /time Magazine | Title: GM, Ford and Chrysler's Bailout Plans | 12/3/2008 | See Source »

...which owns ABC, to be arriving for the Obama Inaugural festivities via United or American. Disney, like any self-respecting media company, owns or leases aircraft to get its own VIPs around. They're not going to let Miley Cyrus slum it on Southwest. The privileged would include Bob Iger, Disney's CEO. The company spent more than $65,000 in 2007 on Iger's personal travel aboard corporate aircraft, and it requires him to fly corporate when he's on business. Disney extends the private-jet perk to other top officers as well as directors attending meetings and other...

Author: /time Magazine | Title: Why the Big Three Should Fly Corporate Jets | 12/3/2008 | See Source »

...findings were a bombshell for the rest of the mental-health community. "The study jarred the field," says Dr. Bob Glover, the executive director of NASMHPD. After the 2006 report came out, many mental-health agencies in the U.S. made it an immediate priority to figure out why their patients die sooner and how to improve their longevity. Says Glover: "Mental health has been late to the dance in terms of looking at the connections between mental health and physical health. It may be moot what you're doing for mental-health needs if people are dying so early from...

Author: /time Magazine | Title: Why Do the Mentally Ill Die Younger? | 12/3/2008 | See Source »

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