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...stock-sale terms negotiated for the Chrysler VEBA. Those terms say the VEBA can start selling stock within six months of any Chrysler IPO, or if Fiat becomes the majority owner, or by June 30, 2012. Though the VEBA could sell its stake to Fiat in a private deal anytime, Gettelfinger has suggested he would like to see an IPO as the best way to maximize the value of the shares...

Author: /time Magazine | Title: Could General Motors' Stock Rise Again? | 6/11/2009 | See Source »

...will GM deal with investors during its long journey back to public life? Says Young: "We're still working through the issues of what form of disclosure we will have." He acknowledges that GM will be making significant changes to its balance sheet by writing off assets and revaluing others. Such activity will be done as openly as possible, adds GM spokeswoman Renee Rashid-Merem. "We will provide an adequate level of detail," she says. "It's not our intention to be a secretive company." (Watch a video about an optimistic Dodge dealer...

Author: /time Magazine | Title: Could General Motors' Stock Rise Again? | 6/11/2009 | See Source »

...flying from everywhere." Khan's head is thickly wrapped in bandages, as are two fingers on his left hand. He lifts his shirt to reveal scars on his back. But the hotel staff cooking for the rooftop diners and entertaining them with live music must have suffered a great deal more, Khan says. "That portion of the roof," he recalls, "fell completely." (Read "Why the Car Bomb Is a Terrorist's Best Weapon...

Author: /time Magazine | Title: Peshawar: More and More, A City Under Siege | 6/11/2009 | See Source »

Calderón argues that the ability of Mexicans to deal with this challenge will be crucial to luring tourists back. Personally launching the Vive México campaign in his presidential palace, the President focused on selling Mexican character. "Let us tell the whole world that we are a strong nation with a unique unity and identity," he said, "that no matter how hard or difficult the tests we have to face, particularly at the present time, Mexico is united and will overcome them...

Author: /time Magazine | Title: Guns, Germs and Recession: The Curse on Mexican Tourism | 6/11/2009 | See Source »

...suffered in Gaza, a recognition, finally, that Israel is simply not going away. Or Mashaal may be trying to present a more sympathetic face to contrast with Benjamin Netanyahu's recalcitrant Likud government in Israel. Whatever the reason, it certainly seems time to reassess the West's unwillingness to deal with Hamas. (See pictures of life under Hamas in Gaza...

Author: /time Magazine | Title: Why the U.S. Should Start Talking to Hamas | 6/11/2009 | See Source »

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