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...Lewis looks out over the expanse of Central Park - a panoramic view he calls the most beautiful in the world - and describes the last time he exercised that skill. About a month ago, the CEO of Countrywide Financial, Angelo Mozilo, called him to ask for help. The beaten-down mortgage lender, whipping boy for everything that went wrong in last year's mortgage meltdown, was facing rumors of bankruptcy after burning through an $11.5 billion credit line. Lewis had already invested $2 billion of his company's money in Countrywide, a sum by then worth half of that...

Author: /time Magazine | Title: The Savior of Countrywide? | 1/17/2008 | See Source »

...than one. He was in his shirtsleeves. He was, as a spokesman said, "the stripped-down, acoustic Romney - Romney unplugged." The clunky chimera candidate who tried so hard to prove his conservative credentials had become a model of simplicity with one major theme: He was a successful "can-do CEO," in the words of state G.O.P. chairman Saul Anuzis, "who knows how to get jobs back...

Author: /time Magazine | Title: Has Romney Found His Voice? | 1/16/2008 | See Source »

...million into the industry since 2004, according to CCID Consulting, a leading Chinese IT firm. Tudou.com, China's largest video sharing website, serves more than a billion minutes of video per day, some 30% more than YouTube. "People spent twice as long on Tudou than on YouTube ," says CEO Gary Wang, who founded the company in Shanghai in 2005. "They really get in and get stuff they don't typically...

Author: /time Magazine | Title: China's YouTube: Trouble for Beijing | 1/15/2008 | See Source »

...what ordinary Chinese can see and do online, they don't want to risk alienating the foreign investors who have bet heavily on China's Internet growth. Still, China's video-sharing sites are taking the ruling seriously. "The effect of the new regulation is still unclear," says Tudou CEO Wang, but he adds that whatever the outcome, the company would abide by the law. "The bottom line is for the website not to be shut down...

Author: /time Magazine | Title: China's YouTube: Trouble for Beijing | 1/15/2008 | See Source »

...only that preliminary investigations suggest the ship dates from the 19th century, and that the wreck lies 100 miles west of the Straits of Gibraltar, some 1100 meters down in international waters. "We have already made it clear that there are valuable artifacts at these different sites," says Odyssey CEO Greg Stemm, "so it is absurd to expect us to release any information that could give clues that might lead to an illegal midnight raid to steal the remaining artifacts. It's only common sense to do everything possible to protect the sites...

Author: /time Magazine | Title: Shipwreck Mystery Must be Aired | 1/11/2008 | See Source »

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