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...what lies just around the corner for his employees: a sweeping restructuring that will bring tens of thousands of layoffs. "Honestly, I don't worry about myself," he says. "I mean, I can screw up my life, and it doesn't really matter"--a fair observation for a man who is an heir to a billion-dollar fortune. "But what I worry about is the impact all of this has on others. We're going to do what we have to do, but it's just very, very...

Author: /time Magazine | Title: Can This Man Save The American Auto Industry? | 1/22/2006 | See Source »

...month ago, Tracy Patterson was simply a woman with more than her fair share of sickness. With multiple birth defects, chronic pain, asthma and bipolar disorder, Patterson, 35, struggled to get by on $832 a month in disability assistance. But at least one thing in her life was taken care of. California's Medicaid program paid for more than a dozen medications every month. "I always got my meds on time," she says. That changed on Jan. 1, when Medicare's prescription-drug benefit went into effect. Patterson was one of 6.2 million people automatically shifted into the program from...

Author: /time Magazine | Title: Health: Take Two Aspirin and Read This Now | 1/22/2006 | See Source »

...company before it dumps you.? When companies are hungry for talent, as many are today, you can drive your hardest bargain. Negotiate stock options and performance bonuses, or work on commission. Don?t be shy. After all, if your job may disappear in the next downturn it?s only fair that your pay be hinged to today?s healthy profits...

Author: /time Magazine | Title: Give Yourself a Raise | 1/20/2006 | See Source »

...Plans," and you get information on all the different plans states offer (including prepaid tuition plans, which are also sometimes called "529s," even though they don't involve individuals' picking investments). This site also will also recommend financial advisors, but remember that advice costs money (often a fair amount), and it is completely possible to invest in a 529 without consulting a financial expert. Plenty of people...

Author: /time Magazine | Title: Investing in a 529 College Savings Plan | 1/20/2006 | See Source »

Since Lindsay Lohan’s recent Vanity Fair confessions of bulimia and cocaine use, I have felt a particular—and peculiar—duty to discuss my own reading period affliction with the public. Hopefully, my candor will help others cope with similar issues, and will help me reveal the true culprits behind my shameful disorder. I have intellectual bulimia. There. I said it, and I won’t retract it. I sit in Lamont or in Widener or in Ticknor, trying hopelessly to study for my four massive finals. I see my peers with eyes...

Author: By Andrew D. Fine, | Title: Coping with Lemons | 1/19/2006 | See Source »

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