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...quintessential kiss-up, kick-down sort of guy." CARL FORD JR., former U.S. State Department intelligence chief, testifying in Senate hearings about the management style of John Bolton, nominee for U.S. ambassador to the United Nations...

Author: /time Magazine | Title: Verbatim | 4/18/2005 | See Source »

Corporate Raider Carl Icahn's usual strategy is to buy a stake in a target company and then sell out to another bidder at a huge profit. But this time the New York City financier may stick around and keep the business. Last week he gained virtual control of TWA, the sixth largest U.S. airline, by accumulating at least 45.5% of the company's stock. In the process Icahn may have defeated Frank Lorenzo, the chairman of Texas Air and a rival bidder for TWA, with a series of intricate maneuvers worthy of the Navy's Blue Angels flying aces...

Author: /time Magazine | Title: Closing In:Carl Icahn encircles TWA | 4/18/2005 | See Source »

Only last June TWA's board tentatively accepted a $23-a-share takeover bid from Lorenzo to escape a previous $18-a-share offer by Icahn. In fact, TWA President Carl Meyer openly courted Lorenzo, fearing that Icahn might dismantle the company and sell its pieces for quick gain. After the TWA-Lorenzo deal, Wall Street expected Icahn to cash in his 35% stake and reap an estimated $50 million profit...

Author: /time Magazine | Title: Closing In:Carl Icahn encircles TWA | 4/18/2005 | See Source »

...CARL LEVINGER Los Angeles...

Author: /time Magazine | Title: Letters: Apr. 25, 2005 | 4/17/2005 | See Source »

...great rift valley would reveal the planet's geological history, exposed and waiting to be read. And the question that the Viking landers could not answer might be resolved: If the planet is so like our own, did life ever evolve there? Whether it did or not, Carl Sagan sees an opportunity for some provocative scientific research on the earth's sister planet. "Life is on one," he says, "and not the other. How come? It is the classic laboratory situation, one the experiment, the other the control...

Author: /time Magazine | Title: Science: Humans to Mars? Why Not? | 4/12/2005 | See Source »

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