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...first steps had to be to determine the scope of the problem. We crafted a series of audits and went to repair stations to count their stock. One of those was the FAA's own Logistics Center, where the agency kept the parts inventory for its own fleet. I felt considerable satisfaction at finding that 39% of the FAA's own spare parts were suspect. Inevitably, this finding outraged the FAA--they argued with us, insisting that our audit of random samples could not be accurate, that what we had found was simply "suspected unapproved parts," not bogus parts. Indignant...

Author: /time Magazine | Title: FLYING INTO TROUBLE | 7/14/2008 | See Source »

...real estate, rehabbing and selling a few foreclosed duplexes, then developing town houses and branching into condo conversions as the market went nuts. He soon built a statewide empire with 300 employees, including a staff priest who blessed his projects. He bought a waterfront mansion in Coral Gables, a fleet of classic cars, a Ferretti yacht, huge collections of fine wine, Cuban art and luxury watches. Just last year he spent $80,000 on an antique billiard table...

Author: /time Magazine | Title: Is Florida the Sunset State? | 7/10/2008 | See Source »

...Tehran's response has been predictable enough: After Iran tested nine medium-range missiles on Wednesday, the country's state news agency quoted a representative of Iran's supreme leader, Ayatollah Ali Khamenei, saying that if the U.S. or Israel attacked Iran, "Tel Aviv and the U.S. fleet in the Persian Gulf would be the first targets to burst into flames receiving Iran's crushing response." Tehran's message was clear: If Bush wants to play Crazy Cowboy, we're happy to play Mad Mullahs right back...

Author: /time Magazine | Title: More Theater Over Iran's Nukes | 7/9/2008 | See Source »

...Holland, in the meantime, bagged the trophy as the most disappointing team in Euro 2008. Holland pulled what might once have been called a Spain: A team that dazzled in the opening three matches forgot its trick bag in the knockout round against an equally fleet-of-foot Russia. It was a terrible thing to do to the Oranje supporters, still Europe's best. But they had a good time anyway, even the thousands who invaded Switzerland without a ticket. Following on the tradition established at the World Cup in Germany, the packed Fan Zones in the host cities - Zurich...

Author: /time Magazine | Title: Soccer's Reign of Spain | 6/30/2008 | See Source »

China is hardly the only country to build a national sports machine. In fact, the nation's athletics factories were modeled after the old Soviet-style system, which during the cold war churned out limber Romanian gymnasts and a fleet of doped-up East German swimmers. But the East bloc is long gone--and with it, sports by diktat. Today China is one of the few nations, apart from the likes of North Korea and Cuba, to commit so many state resources to athletics. While some young Chinese choose to attend sports schools, others, like Cloud, are little more than...

Author: /time Magazine | Title: China's Sports School: Crazy for Gold | 6/12/2008 | See Source »

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