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...that was fine to men like Rockefeller. "The day of combination is here to stay," he once said. "Individualism is gone. Never to return." He hadn't reckoned on Roosevelt. Five months into his presidency, T.R. took Wall Street by surprise. He launched an antitrust suit that demanded the breakup of Northern Securities, a holding company organized to consolidate three railroads in the Pacific Northwest. By targeting that company, Roosevelt had also chosen to move against the man who epitomized the empire of money, New York financier J. Pierpont Morgan...

Author: /time Magazine | Title: Fighting the Fat Cats | 6/25/2006 | See Source »

Roosevelt came to believe that government had the right to moderate the excesses of free enterprise. Although his exercises of power seem modest to us now--the breakup of monopolies, the Pure Food and Drug Act, the meat-inspection and industrial-safety laws--it was a shock to the system at the time. Roosevelt--a Republican!--insisted that one of the things government must govern is the economy. Today, when the Justice Department goes after Microsoft or Enron, when the Environmental Protection Agency adjusts mileage standards or the Fed tweaks the prime, somewhere his ghost is smiling...

Author: /time Magazine | Title: The Making of America — Theodore Roosevelt | 6/25/2006 | See Source »

...Houghton’s wish for an immediate dismissal would not find support on the Corporation. But Houghton and one other board member planned to meet with Summers that Tuesday to tell him to bow out. They were set to execute a Valentine’s Day breakup...

Author: By Javier C. Hernandez, CRIMSON STAFF WRITER | Title: Houghton Says It’s Time | 6/7/2006 | See Source »

...wife Ebru), at the archaic architecture site of Kas. As he photographs the ruins, she stands on a promontory, gazes at the view and cries. The camera holds on her for agonizing minutes, until a fly alights on her hair. Maxi-minimalism! The two are trudging toward a breakup. At dinner with friends, they quarrel publicly. "Don't worry," Bahar says of her hosts, "they enjoy seeing us miserable." (A remark that puts the relationship of critics to minimalist movie characters in a nice nutshell...

Author: /time Magazine | Title: Postcards from Cannes | 5/22/2006 | See Source »

...does, function as a smart expression of its creators' lives while remaining accessible to its listeners'. There are allusions to the recent past--on the jubilant opener The Long Way Around ("It's been two long years now/ Since the top of the world came crashing down") and the breakup song Everybody Knows ("I swore they'd never see me cry/ You'd never see me cry")--but they're only obvious if you look for them. Bitter End is a sing-along about fair-weather friends (the group fell out with a few lefty rockers who, amazingly, felt cheated...

Author: /time Magazine | Title: Chicks In the Line of Fire | 5/21/2006 | See Source »

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