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John Thain's swift departure as head of Bank of America's (BofA) Merrill Lynch unit after a 15-minute dustup with his boss, CEO Ken Lewis, is a consequence of friction that occurs when conflicting business maxims come into contact. And the fact that Thain must really love...

Author: /time Magazine | Title: The Deeper Truth About Thain's Ouster from BofA | 1/25/2009 | See Source »

Just as no war plan survives first contact with the enemy, even the smoothest sailing Presidential transition is destined to founder a bit in its first days at the White House. So while the new Obama Administration did jump out of the gate with major announcements on ethics guidelines, the planned closing of Gitmo, and a tightening of interrogation policies, it also endured its fair share of slip-ups. (See behind-the-scenes pictures of the Inauguration...

Author: /time Magazine | Title: The Obama Team's Debut: Not Quite Ready on Day One | 1/23/2009 | See Source »

...been a shoo-in for the job ever since? At the start, they contacted me, and for the next, oh, I'd say three or four Inaugurals, somebody [from the new Administration] always called me. They never asked me if I'm a Republican or a Democrat or an independent. They never asked who I voted for, nothing like that. It was always just, "Hey, are you the guy who did it last time?" Because we have a new group of people every four years and 90% of them have never put on a parade before, much less an Inaugural...

Author: /time Magazine | Title: Inaugural Parade Announcer | 1/20/2009 | See Source »

...watching one another through computer screens and socializing in quasi-isolation. Neill says Facebook has brought her closer to her already close friends, whom she has little time to see because of kids and work. "I know more about them now than I did when I was in regular contact with them," she says...

Author: /time Magazine | Title: Does Facebook Replace Face Time or Enhance It? | 1/18/2009 | See Source »

...obvious reasons.) Most modern planes have controls that allow a pilot to close all air vents and openings in the plane to keep the aircraft buoyant in the water. Pilots are instructed to keep the nose up slightly, but not so much that the aircraft slams down roughly on contact. They also are supposed to keep the wings level to prevent one from being clipped by a wave, causing the aircraft to go into a spin or break apart...

Author: /time Magazine | Title: Learning from Flight 1549: How to Land on Water | 1/17/2009 | See Source »

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