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...After a series of bad years for Hershey, however, the trust board briefly toyed in 2007 with the idea of selling its stock to Wrigley, famous for its chewing-gum brand, but backed down within hours of closing the deal. State and federal authorities had tried to block the sale, in part because of concerns about the size of a combined Wrigley-Hershey company. Residents of the town of Hershey, meanwhile, expressed outrage and even convinced a local judge to delay the sale, saying it would cause "irreparable harm" to the community...

Author: /time Magazine | Title: In Hershey's Possible Cadbury Bid, a School's Fate | 12/15/2009 | See Source »

...That they are even considering such a deal shows that the trust-board members are looking past the immediate debt implications to the distant future of Hershey, Howard said...

Author: /time Magazine | Title: In Hershey's Possible Cadbury Bid, a School's Fate | 12/15/2009 | See Source »

...Monday, Citigroup said it had worked out a deal to repay $20 billion in government bailout money and terminate a loss-sharing agreement the bank had with the government for Citi's riskiest assets. Citi CEO Vickram Pandit said the moves were signs that his company was returning to financial health. The deal would also remove much of the government's pay restrictions on the bank. "These actions move us closer to ending a very difficult period for our company," wrote Pandit in an internal memo to Citi employees. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Citi's TARP Repayment: The Downside for a Troubled Bank | 12/15/2009 | See Source »

Resentment may be another factor. While the New Deal is often remembered as a bailout for the little guy, the bailouts of Wall Street--launched by the Bush Administration and sustained by Obama--have been aimed at the affluent and have not merely made Americans skeptical of the explosion in spending but left them feeling shortchanged as well. Republican pollster Bill McInturff calls this "the notion that they're too big to fail and I'm too small to notice--that politicians have used the government to spend another trillion for the big banks and special interests...

Author: /time Magazine | Title: Will Fear of Big Government End Obama's Audacity? | 12/14/2009 | See Source »

...Meanwhile, the Army is rolling out all sorts of artillery to deal with suicide in its ranks. It has launched a five-year, $50 million study with the National Institute of Mental Health to identify possible suicide indicators, in order to enable soldiers most at risk to get the help they need. The service has recently rewritten its 51-page Army Suicide Prevention pamphlet, and created numerous task forces and suicide-prevention programs. It has also begun letting soldiers seek help for substance abuse without telling their commanders. "We keep those substance-abuse counseling services open late at night...

Author: /time Magazine | Title: A Mounting Suicide Rate Prompts an Army Response | 12/14/2009 | See Source »

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