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...plan acceptable to the UAW, which represent GM's 62,000 workers, and its bondholders, mostly banks and other large institutions, which are owed some $27.5 billion and by law are first in line to get paid back. It's fairly clear the Administration wants to make bondholders eat huge losses - or make them try their luck in bankruptcy court. "No bankruptcy judge is going to rule against GM and its plan. Not for labor, not for bondholders, that's for sure," says Lynn LoPucki, a bankruptcy expert at the UCLA School...

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

...eventual recovery, one of the main reasons to cut working hours and not jobs is that it reduces costs at the same time as preserving the talent base. But cutting hours also adds to the bigger macroeconomic problem currently hammering the world economy: lack of demand. Pay cuts eat into consumer spending, which in turn amounts to more bad news for a world economy in need of stimulus. "If you go too far, you'll just aggravate the demand crisis," says Torres...

Author: /time Magazine | Title: Can These Jobs Be Saved? | 4/2/2009 | See Source »

...typical kids - into the therapy. Get them involved with the autistic child. Also, it's absolutely imperative for the parents and the typical kids to have time by themselves, to go out to dinner or even go on vacation while someone else cares for the autistic child. When families eat at home, sometimes the autistic child will have dinner first and then watch a movie, while everyone else has dinner in peace...

Author: /time Magazine | Title: Jenny McCarthy on Autism and Vaccines | 4/1/2009 | See Source »

...construction boom. But when she arrived, she discovered the job she had been promised working at a casino lounge was no longer available. "I haven't been able to send money home," she says. "Home has been sending me money and [my family say] there's no food to eat...

Author: /time Magazine | Title: Migrant Workers: A Hard Life Gets Harder | 4/1/2009 | See Source »

...Crimson heads into the heart of the Ivy slate, pitching will become even more integral to its success. Harvard will depend on its workhorse, its ace, to eat up innings and take control of games...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: ATHLETE OF THE WEEK: Pitcher Sets Precedent Early | 3/31/2009 | See Source »

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