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...Sale is finalized, tripling the company's debt. Zell names himself chairman and CEO...

Author: /time Magazine | Title: The World | 12/11/2008 | See Source »

...Vertical farming could allow food to be grown locally and sustainably," says Glen Kertz, CEO of Valcent, a tech company based in El Paso, Texas, that's trying out the process. His firm uses hydroponic greenhouse methods to grow upward rather than out. The result saves space--vital in urban areas--and allows farmers to irrigate and fertilize with far less waste...

Author: /time Magazine | Title: Vertical Farming | 12/11/2008 | See Source »

CHRISTIE HEFNER resigns as Playboy CEO. What, did she actually look at the magazine...

Author: /time Magazine | Title: Pop Chart | 12/11/2008 | See Source »

...accused not merely with planning extortion but with trying to force the Tribune Co. to fire editorial writers in exchange for a tax break worth about $100 million. According to authorities, he even threatened to revoke millions in funding for a Chicago children's hospital if its CEO did not pay his campaign a $50,000 tribute. The full buffet of alleged graft was laid out in a 76-page federal complaint that described the sort of corruption superheroes battle in comic books...

Author: /time Magazine | Title: Governor Gone Wild: The Blagojevich Scandal | 12/11/2008 | See Source »

...even by Chicago standards, Blagojevich seems especially kleptocratic, according to prosecutors. He tried to shake down highway contractors, job seekers and health-care administrators. He talked of holding up bill-signings in exchange for favors - and seemed not to understand when his targets balked at his demands. When the CEO of Chicago's Children's Memorial Hospital failed to return phone calls regarding a campaign contribution, Blagojevich began investigating ways to deny the hospital funding. "What do we do with this guy?" he mused...

Author: /time Magazine | Title: Governor Gone Wild: The Blagojevich Scandal | 12/11/2008 | See Source »

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