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...result, politicians like Democratic U.S. Representative Chaka Fattah, many of whose Philadelphia constituents have received the Citgo fuel, wonder why U.S. oil giants like ExxonMobil - which saw a record $40 billion profit in 2007 and probably broke that in 2008 - don't take advantage of the same p.r. boon that Chávez reaped. "There is no doubt that the Exxons in this country should be participating in a program like this," says Fattah. "It is vitally important, and it would cost them comparatively little when you consider what they've been making...

Author: /time Magazine | Title: Why Can't Big Oil Match Hugo Chávez? | 1/7/2009 | See Source »

...Daewoo's car company.) Other affiliates got debt restructurings; a government agency bought up Daewoo loans from the financial sector at a discount. Billions were lost. But the whole concept that Daewoo was too big to fail proved false. The reality was that Daewoo had become more burden than boon. Many of the loans it had gobbled up were effectively bad, however they were characterized on banks' balance sheets, because it was unlikely that Daewoo could have paid them off. Government officials and bank executives were simply acknowledging reality...

Author: /time Magazine | Title: Why Detroit Is Not Too Big to Fail | 12/19/2008 | See Source »

...Politico and ProPublica report that some New Jersey environmentalists believe she's too close to industry to be effective, but that might not prove a negative as she assists in the massive work of beginning to regulate U.S. greenhouse-gas emissions from utilities. Her accessibility will also be a boon for career EPA staff members demoralized by eight years of the Bush Administration's repeated favoring of politics over science. "I've heard she's a good listener," says Eileen Claussen, president of the Pew Center on Climate Change. "That's what the EPA needs right...

Author: /time Magazine | Title: High Hopes for Obama's Green Dream Team | 12/16/2008 | See Source »

...nature plays for keeps. A life spent battling predators, famine, disease and the elements may be an independent one, but it can also be a very short one. That, at least, is the case zoos and wildlife parks often make when they contend that protective captivity may be a boon for many animals, particularly species that are endangered or threatened. But when it comes to at least one big and beloved creature, a new study suggests that a zoo might be the least safe place in the world...

Author: /time Magazine | Title: Free Dumbo! Zoos Are Bad for Elephants | 12/11/2008 | See Source »

...personal and professional lives to the organization. Future leaders train as "cadets" at Salvation Army colleges. The charity's right to require that its employees and leaders adhere to Christian principles, even though it is partially government-funded, has been affirmed in the courts. The legal victory was a boon for President Bush's "faith-based" programs, which President-Elect Obama has said he will continue.) The charity espouses most evangelical Christian beliefs, with some exceptions; it is pro-birth control, but anti-surrogate motherhood; it accepts homosexuality, but says gay people must remain celibate; it is pro-life...

Author: /time Magazine | Title: The Salvation Army | 12/2/2008 | See Source »

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