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Private-equity groups have had incredible access to the market. They've raised a lot of new equity to invest--the financing terms are incredibly liberal, so they can leverage it without a lot of handcuffs. People being able to express themselves freely and evaluate and come to conclusions--that's what markets are all about. Eventually it will get to a point where its grip becomes too much and it stretches too far, and there will be another reaction...

Author: /time Magazine | Title: CEO Speaks: Making Peace | 10/1/2006 | See Source »

Typically, trust breaks down when change is managed or communicated badly. In one American Express department, for example, reports human resources officer Carol Mimon, a restructuring and leadership change reduced trust and engagement among top talent. Her department worked with the Reinas to rebuild trust and hang on to top people. The Reinas' approach is a seven-step program that starts with acknowledging what has happened, then segues into taking responsibility, spreading forgiveness all around, letting go and moving on. In the current climate of restructuring, Michelle Reina says, "trust is built and broken every day. The changes and downsizing...

Author: /time Magazine | Title: Change Agents: Meet the Nicheperts | 10/1/2006 | See Source »

...Harvard College Democrats (Dems) and the Harvard Republican Club (HRC) will compete to rally students to their sides, and intense partisanship will flare up. But that’s far from a bad thing—in fact it’s healthy and natural for students to express their political affiliation enthusiastically and take the initiative to support those candidates who endorse policies they support...

Author: By Kyle A. Krahel and Colin J. Motley | Title: A Season for Political Involvement | 9/29/2006 | See Source »

...countries to a few passages of my address...which were considered offensive to the sensibility of Muslims,” the pope said five days after the speech at Regensburg, Germany. “These were in fact quotations from a medieval text, which do not in any way express my personal thought...

Author: By Andrew C. Esensten | Title: What, Me Apologize? | 9/28/2006 | See Source »

...affluent Parisian commuter town, to the capital. There, in the Salle des Fêtes of the Elysées Palace, French President Jacques Chirac presented her with the Médaille de la Famille Française - the medal of the French family, founded in the '20s to express the nation's gratitude for fecundity. In France, a quartet of children might net their mother a bronze award, six or seven could snare her a silver, but only a respectable married mother of eight or more is deemed worthy of gold. Each year, honors are bestowed on several thousand...

Author: /time Magazine | Title: Nuclear Implosion | 9/26/2006 | See Source »

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