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...market speculation or the Merrill reports specifically," said GM spokeswoman Renee Rashid-Merem. She said GM is not cash short: "We continue to believe the company has sufficient liquidity and financial flexibility to meet its 2008 funding requirements, despite lower U.S. industry volumes." More than 17,000 blue collar workers dropped off GM's payroll last week as part of a buyout of long-term employees, which should help lower costs...

Author: /time Magazine | Title: Can General Motors Recover? | 7/5/2008 | See Source »

Where will Israel go? Well, he could follow the path of fellow white-collar criminal Jacob “Kobi” Alexander, who has been openly living in Namibia for two years while the United States wages a slow battle to have him extradited...

Author: By Daniel E. Herz-roiphe | Title: Take the Money and Run | 7/1/2008 | See Source »

...story based on Mark Millar's 2003 miniseries for Top Cow comics, and adapted for the screen by Derek Haas, Michael Brandt and Chris Morgan, the white-collar drudge is Wesley Gibson (Scots actor James McAvoy), whose life is a conspiracy of indignities. In a job where he's badgered by his fat-cow boss, he reads a dense computer page and his brain isolates the words "why? "are? "you? "here?". His girlfriend is having sex with his best friend, and Wesley pays for the condoms his friend will use to betray him. Even his ATM sasses him. "Insufficient funds...

Author: /time Magazine | Title: Holy Jolie! Wanted Delivers | 6/27/2008 | See Source »

...European hotel rooms, the AC and electricity are activated only when you slip your magnetic room key into a slot near the door. A program to retrofit all public buildings with high-tech glass and insulation would save untold amounts of energy and electricity - and create thousands of green-collar jobs...

Author: /time Magazine | Title: Kill Your Air Conditioner | 6/25/2008 | See Source »

...against persistent racism. But in his desire to appeal to such voters, Obama may have missed the balance that King maintained. Personal responsibility is a crucial, but only partial, answer to what ails black families. Huge unemployment, racist mortgage practices, weakened child-care support, stunted training programs for blue-collar workers who've been made obsolete by technology, and the gutting of early-childhood learning programs are all forces that must be combated. If we rightly expect more black fathers to stick around to raise their children, we've got to give them a greater opportunity to stay home...

Author: /time Magazine | Title: Obama's Rebuke of Absentee Black Fathers | 6/19/2008 | See Source »

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