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...This cross-pollination of executives among CAC 40 firms in France has created a tight-knit milieu where business and personal interests are intertwined in what might raise conflict-of-interest concerns elsewhere. But because of the historical coziness of corporate France - and the current conservative government's pro-business philosophies - the private sector has largely been left to police its own boardroom policies. And this has brought forth little change. When France's main employers' groups, the Movement of the French Enterprises and the Association of French Private Enterprises, drew up corporate-representation guidelines...

Author: /time Magazine | Title: France's Boardrooms: Little Diversity at the Top | 1/22/2010 | See Source »

...second section, which claimed that glaciers in the Himalayas were receding faster than in any other part of the world, and that "if the present rate continues, the likelihood of them disappearing by the year 2035 or perhaps sooner is very high if the Earth keeps warming at its current rate." Glaciologists have been doubtful of that 2035 date since the report came out. Although they are melting, there are tens of thousands of Himalayan glaciers, and it's hard to imagine them all disappearing in less than 30 years. (Watch TIME's video "Consequences As Himalayan Glaciers Melt...

Author: /time Magazine | Title: Himalayan Melting: How a Climate Panel Got It Wrong | 1/21/2010 | See Source »

...that also undercut plans for using city tax abatements to further sweeten returns on apartments pushed into luxury decontrol. The upshot, according to a recent Deutsche Bank analysis, is that the property, purchased in late 2006 for $5.4 billion, "would fetch less than $2 billion if sold into the current dislocated market." It added that the most natural buyer was MetLife, the insurer and original owner, in part because it represented "patient capital...

Author: /time Magazine | Title: Should Private Equity Invest in Residential Real Estate? | 1/20/2010 | See Source »

...desire to make life better for their children. Undaunted exuberance and strength in the face of disaster are the name of the game as the play reaffirms American confidence and belief in success and social mobility in the face of crushing poverty, despite the nation’s current bleak economic situation...

Author: By Catherine A Morris, CRIMSON STAFF WRITER | Title: "In The Heights" Channels the American Dream | 1/20/2010 | See Source »

...However it unfolds, the imbroglio doesn't bode well for the DPJ - or for Hatoyama. Still building public confidence in his fifth month in office, Hatoyama is in the throes of trying to pass the second supplementary budget for the current year by the end of January, and the 2010 budget by the end of March. "[Ozawa's] situation highlights Hatoyama's judgment," says Dujarric. "A lot of criticism has said that he's too indecisive. At first he supported Ozawa and then vaguely backtracked. That doesn't make Hatoyama look good...

Author: /time Magazine | Title: New Scandal Hits Japan's Ruling Party | 1/20/2010 | See Source »

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