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...Coming Car Boom Once the dust settles, the new GM, or whatever replaces it, is likely to see a marketplace of consumers finally ready to spend money on new cars. GM's executives aren't entirely off base in thinking that pent-up demand is building, because it is. "Assuming general economic recovery, in the developed markets we will see maybe 95% of what it had been," says John Paul MacDuffie, an associate professor of management and co-director of the International Motor Vehicle Program at the Wharton School of the University of Pennsylvania. U.S. auto and light-truck sales...

Author: /time Magazine | Title: Can Detroit Be Retooled — Before It's Too Late? | 4/2/2009 | See Source »

...Girl Talk is reclaiming that virile innocence he lost at Harvard back in November, sweeping the dust from that musical massacre off of his electronic toys, and taking them all to Yale for Spring Fling. And oh, the alternative hip hop group N*E*R*D ("No-one Ever Really Dies." Um, yeah) is also coming. Any group that can sing the line "Her ass is a spaceship I want to ride" with a straight face must be a good...

Author: By Esther I. Yi | Title: Come All Ye Spring Children | 3/29/2009 | See Source »

...When they've exhausted themselves, speak slowly and calmly about the bigger picture It's key to remind folks, as New York Times columnist David Brooks put it, to focus their attention on the ravenous "tiger ... lunging at your neck" - i.e., the tanking world economy - instead of the "dust bunnies under the bed," the AIG bonuses. Geithner employed this tactic Tuesday: "AIG highlights very broad failures of our financial system," Geithner told the House panel Tuesday. "Our regulatory system was not equipped to prevent the buildup of dangerous levels of risks. Compensation practice rewarded short-term profits over long-term...

Author: /time Magazine | Title: Five Lessons from the AIG Bonus Blowup | 3/25/2009 | See Source »

...impressive breadth nonetheless. He sketches an overwhelming list of sociocultural hurdles from the political legacy of Nehru-era socialism to education, the deeply entrenched caste system, and urbanization. But his reliance on platitudes and wide-eyed optimism is cogent only to a point: the hows are lost in the dust of repetitive hopeful declarations ("a different type of moment seems to be upon...

Author: /time Magazine | Title: Imagining India: A Manifesto by the Bill Gates of Bangalore | 3/23/2009 | See Source »

...they were cast out in the middle where they tore the plastic off their new shirts and tossed them in the washer in the year 1998.” It’s an era of unprecedented wealth, cartoon sitcoms and sex scandals: in a word, the Clinton Era.The dust jacket of “NoVA” (shorthand for Northern Virginia) reads like a recap of an episode of Desperate Housewives, promising to finally “scratch the shiny surface [of suburbia].” This topic may seem trite at worst and overworked at best, but Boice...

Author: By Lauren S. Packard, CONTRIBUTING WRITER | Title: Macabre, Mundane Merge | 3/20/2009 | See Source »

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