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...concept in the West of an economy car. But whether or not he's Chrysler's savior or the man to revolutionize the entire industry, Marchionne seems to have proved again that he knows how to strike a hard bargain: Fiat has landed 35% of Chrysler without spending a dime...

Author: /time Magazine | Title: Fiat to Take 35% Stake in Chrysler | 1/20/2009 | See Source »

...FDIC was on average swallowing nearly 80% of the troubled assets of failed banks. What's more, the FDIC says the average loss ratio hides the fact that the agency was able to resolve the largest bank failure of 2008 - Washington Mutual- without costing its insurance fund a dime. "Washington Mutual was an absolute home run," says FBR's Stein...

Author: /time Magazine | Title: Can the FDIC Handle Its Growing Job? | 1/19/2009 | See Source »

...most troubling for Daley, perhaps, was the Hired Truck scandal, in which scores of city workers and private contractors were convicted for idling on the city dime. Daley was interviewed by federal authorities for two hours during that investigation, which led to further inquiries into inappropriate hiring practices and patronage, but no charges were brought against him. At the time, in 2005, Daley said he did not think he was the target of a federal probe, but left open that the feds "did not indicate." "I have 38,000 people. I don't micromanage them. I don't feel personally...

Author: /time Magazine | Title: Could Blago Cause Trouble for Daley? | 12/13/2008 | See Source »

...unlocked windows, even when shut, can bleed heat on a cold day. "You might walk by that window outside and think it's nothing, but if you took that thin crack and turned it into a circle, you'd have a hole as big as a nickel or dime," says Threthewey. You can feel for leaks in walls - especially at corners or where different materials meet - and fill the gaps with caulk...

Author: /time Magazine | Title: Weatherproof Your Home | 12/1/2008 | See Source »

...comes to borrowing money. We basically only use our retained earnings and don't borrow very much. We also have a very conservative policy when it comes to how we place our cash and our liquidity. We don't place anything in equities, so we haven't lost a dime so far. And the way we position our brand is as good value for the money. People know when they have less money what Ikea stands for. We're seeing new customers in our stores and it's a good time for us to take market share...

Author: /time Magazine | Title: Ikea CEO Anders Dahlvig on Surviving a Bad Economy | 11/18/2008 | See Source »

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