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...would have the advantage of deep pockets and patient owners. Founders Donald and Doris Fisher, along with their son and interim CEO Robert Fisher, own about 33% of Gap shares and have never seemed interested in selling their baby; they want it fixed. One possibility: breaking up the company into three more-nimble parts, with each brand focused on a specific customer demographic. "The combination is overly complex and unmanageable," says Todd Slater, managing director at Lazard Capital Markets. Whether or not it remains one intact company, industry experts say Gap will have to get back to the fashion basics...

Author: /time Magazine | Title: Khakis Get the Blues | 1/26/2007 | See Source »

...have until now been a firm supporter of President Reagan's antiterrorist policy. However, he has done the U.S. and himself a great disservice in condoning arms shipments to Iran. Internationally, he has lost all credibility. Donald Dowey Hilden, West Germany...

Author: /time Magazine | Title: Letters: Dec. 15, 1986 | 1/26/2007 | See Source »

...DIED. Donald Osterbrock, 82, courtly astrophysicist and longtime director of the University of California's Lick Observatory who mapped out the shapes of stars and galaxies; in Santa Cruz, Calif. A winner of such honors as the British Royal Astronomical Society's Gold Medal--almost never bestowed on an American--he determined that the Milky Way is shaped like a spiral and unearthed the processes that explain how the sun keeps its shape and size...

Author: /time Magazine | Title: Milestones Jan. 29, 2007 | 1/18/2007 | See Source »

Gentlemen: I must confess serious doubts about the efficacy—or even the integrity—of the “classic” exam period editorial, “Beating the System,” you reprinted recently. I almost suspect this so-called “Donald Carswell ’50” of being rather one of Us—the Bad Guys—than one of you. If your readers have been following Mr. Carswell’s advice for the last 11 years, then your readers have been going down the tubes...

Author: By A Grader | Title: A Grader’s Reply | 1/12/2007 | See Source »

...Donald Carswell ’50 passed away in March 2005 after a distinguished career at NBC. This op-ed first ran on June...

Author: By Donald Carswell | Title: Beating the System | 1/12/2007 | See Source »

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