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...Complicating matters is the fact that Damnjanovic has ties to U.S. defense contractors like KBR and General Dynamics, according to the same UNDP report. Both companies have hired Damnjanovic's companies in the past to ship equipment on behalf of the U.S. military. "The case study of the career of Tomislav Damnjanovic illustrates how smart arms smugglers work within and outside the law, trafficking to rogue states and African dictatorships under U.N. sanctions while at the same time supplying arms on behalf of some of America's biggest companies, such as General Dynamics and Kellogg, Brown and Root," the UNDP...

Author: /time Magazine | Title: New Job for Ex-Soviet Pilots: Arms Trafficking | 12/17/2009 | See Source »

...abandoned son out there somewhere) to the fact that his slick protégé Tommy Sweet (a spot-on Colin Farrell) is hugely successful, largely on the basis of having turned one of Bad's songs into a smash hit. Bad would tell you Tommy's career was never the one he was after, but given how used up he feels by his life in music, it's only natural that he assigns the blame to the person who most obviously used...

Author: /time Magazine | Title: Crazy Heart Review: Jeff Bridges Abides | 12/16/2009 | See Source »

Houghton is also an active member of several boards of directors of various companies, and the current chairman of the board of trustees at the Metropolitan Museum of Art. Upon graduating from Harvard Business School in 1962, Houghton spent much of his professional career at Corning Incorporated—a maker of specialty glass and ceramics—where he eventually rose to the top posts of chairman and CEO in 1983, and again...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Senior Fellow Leaves Board | 12/16/2009 | See Source »

...area residents live inside the Loop, the freeway that defines Houston's city limits, and only 1 million of the city's 2.2 million residents are registered voters. Many are immigrants who cannot vote. The key to winning any Houston mayoral race is coalition-building, and Parker's political career has been deliberate, "low risk" and "canny," according to Richard Murray, a veteran political analyst and political science professor at the University of Houston. Her political journey echoes, to some degree, that of Houston's only other female mayor, Kathy Whitmire. Like Whitmire, Parker used the job of city controller...

Author: /time Magazine | Title: What Houston's Gay Mayor Means for Texas | 12/16/2009 | See Source »

...Nike Without a doubt, the swoosh will stand by Woods. Nike has backed Woods since his 1996 professional debut and reportedly pays him $30 million per year. "I think he has been really great," Nike chairman Phil Knight told the Sports Business Journal this week. "When his career is over, you'll look back on these indiscretions as a minor blip, but the media is making a big deal out of it right now." Woods' sexcapades and subsequent absence from the Tour might not hurt Nike's $650 million golf business as much as you think. Golf accounts for less...

Author: /time Magazine | Title: Tiger Woods' Sponsors: Will Any Stick by Him? | 12/16/2009 | See Source »

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