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...pilloried entwinement with Washington (some call it Government Sachs) began in those days too, after managing partner Sidney Weinberg made the rare-for-Wall Street move of backing Franklin Roosevelt in 1932. That led to a key role for Weinberg in the World War II industrial-mobilization effort, where he got to know top executives at every major manufacturing firm in the land. After the war, these executives began to reward puny Goldman with business, most notably the giant 1956 initial public offering of Ford Motor. (Watch an interview with Ford CEO Alan Mulally...

Author: /time Magazine | Title: Too Much Profit at Goldman and Morgan? | 7/27/2009 | See Source »

...does: what the difference is between different kinds of reporters and how they might want something very different from your story and making sure the science is being conveyed in a helpful way. Scientists tend to be sticklers for accuracy but they will not put nearly as much effort into delivering something pithy. It's really hard to get all the nuances through...

Author: /time Magazine | Title: How to Make Science Sexier | 7/27/2009 | See Source »

...heard concern that new roads make it easier for people from the [Sinhalese-majority] south to move to the Tamil-majority north and east. Is there an effort to change the demography of the Tamil-majority areas? No, but it's happening in Colombo. The eastern-province Muslims have come here. The Tamils have come here. You ask them, Why are you coming here? Can I stop them? No. If anybody wants to come and live in any part of this island, it is the right...

Author: /time Magazine | Title: Q&A with Sri Lanka's President Mahinda Rajapaksa | 7/27/2009 | See Source »

...remains undiminished. In his victory speech to the nation on June 3, he spoke a few lines in Tamil as a gesture of reconciliation, but most of the oration was spent in praise of "our armed forces who astonished the world by their skill in war." He linked their effort to the nation's heroic past defending itself against invaders. "The lessons we learnt from those great battles of the past are ingrained in our flesh, blood and bones...

Author: /time Magazine | Title: Mahinda Rajapaksa: The Hard-Liner | 7/27/2009 | See Source »

Morris Chang is living proof of Taiwan's ability to transform its economy. In 1985, the China-born Chang, once a long-serving executive at Texas Instruments in the U.S., was lured to Taiwan by the government as part of its effort to develop a high-tech industry. He was hired to manage a state-funded research institute, but shortly after his arrival, an influential technocrat, Li Kuo-ting, called Chang to his office and told him: "Think about how you want to start a company." The conversation led Chang, backed by state funding, to found Taiwan Semiconductor Manufacturing...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

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