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Once Bitten While Germany has learned the lessons of creative destruction the hard way, the government still believes it has a critical role to play in industry. Just this month, the fate of Opel, the German subsidiary of General Motors, has been at the top of the political agenda. Government ministers are refusing to loan the billions the carmaker says it needs to survive - and even imposing conditions on would-be buyers, which include Fiat. (See the 50 worst cars of all time...
...market, from the cork by Cortex Company, which has a silicon disk fixed to its bottom to prevent contact with wine, to the Mytik Diamant composite cork. "Our clients don't want to take risks anymore with traditional corks that may be tainted," says Benoît Ecrepont, director-general of Sibel, Mytik Diamant's manufacturer. By employing compressed, heated CO2 in a process similar to the decaffeination of coffee, the unwanted molecules are extracted from natural cork to make it "99.99%" TCA-free. In the three years since its release, Ecrepont says, Mytik Diamant has captured nearly...
...administration, there are many students who voice their opinions on the subject. It may seem that the subject would not cause much student debate, but, in fact, students debate with one another on the nutrition policies. It is important for HUDS and the committee to understand that the general population of students at Harvard do care about the nutrition card issue...
...inconvenient impact of recent cuts to Quad services is only compounded by a general shortage of concern for the needs of student residents. For years, students’ objections to the erratic shuttle schedule have been ignored, and the same dismissive attitude is awarded to Quad faculty. Upon release of the recent budget cuts, all Quad resident deans and House masters expressed extreme dissatisfaction at not having even been consulted. So great is the lack of consideration awarded Quad concerns that during town-hall meetings, administration officials professed unawareness of the ineffectuality of the escort and van service and even...
...General Motors appears to be on a fast road to bankruptcy. CEO Fritz Henderson has already described a bankruptcy filing as "probable" as the Treasury's June 1 deadline for reorganizing the company draws near. Also, the fact that GM announced it was moving up its date for paying suppliers to May 28 from June 2 further suggests that bankruptcy is likely, says Brad Coulter of O'Keefe & Associates of Bloomfield Hills, Mich., which specializes in helping distressed manufacturing companies. "To me, it's a pretty clear indicator that they plan to file right around the June 1 deadline...