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...known as Blank Monday in the surfing world, the $4.5 billion industry's core snapped like a board caught in the Banzai Pipeline. Reason? The closure of Gordon (Grubby) Clark's four-decade virtual monopoly on polyurethane blanks, the raw material for most surfboards. (Shapers then customize them for surfers.) Clark's Laguna Niguel, Calif., company produced 80% of blanks worldwide, and his sudden exit (encircled by rumors of pressure by environmental regulators) left surfers treading water as board prices doubled and deliveries were cut off. One man's wipeout, though, could be another's dream wave. Harold Walker...

Author: /time Magazine | Title: Biz Briefs: The Hole In the Pipeline | 2/5/2006 | See Source »

...absorb some lessons from recent history. Insiders say he has telephoned former Prime Minister Mulroney--whose government he once accused of "running the largest deficits in Canadian history"--for advice on the pitfalls of power. One model he surely hopes to avoid: the short-lived minority government of Joe Clark, who entered power with as little experience as Harper's Tories and spent months largely out of sight of the Canadian public while learning the tricks of governance--only to be turfed out by the resurgent Liberals under Pierre Trudeau...

Author: /time Magazine | Title: The Meaning of Harper | 1/30/2006 | See Source »

...vote for things we think are detrimental to Canada and Canadians." Tory veteran John Crosbie is advising Harper to expect the worst from the Grits. "You can never take your eyes off them," says Crosbie, a former M.P. from St. John's, Nfld., who served in the Mulroney and Clark administrations. "They will go for the government's gonads whenever they see the opportunity...

Author: /time Magazine | Title: The Meaning of Harper | 1/30/2006 | See Source »

...project ought to be abandoned. It was a creature of the United States in the first place." RAMSEY CLARK, former U.S. Attorney General and member of Saddam Hussein's defense team, claiming that political pressures on the court make it difficult to hold a fair trial...

Author: /time Magazine | Title: Verbatim | 1/29/2006 | See Source »

...Teter's bluffing - after all, she was the first woman to land a 900 in competition, and won?t reveal her new Olympic tricks (2002 gold medalist Kelly Clark, 22, and Elena Hight, 16, also made the U.S. women?s team). When she needs to escape the Gretchen grudge match, Teter meditates at a Benedictine monastery near her Vermont home. "I go there and kind of just forget about everything- my life, my stresses, my world," says Teter. She has also struck up friendships with the monks. ?They are sooooo cool,? she says. ?They are sooooo fun, and just super...

Author: /time Magazine | Title: Pipe Dreams | 1/23/2006 | See Source »

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