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...that the board has backed Lewis through a remarkably difficult period in which there was pressure from many quarters to oust him, his job is almost certainly safe and will be for a long time. It is very likely that the government did not give the board an ultimatum about Lewis's future because, if it did, the action would have been disclosed and Lewis might be gone...

Author: /time Magazine | Title: Ken Lewis Keeps His Day Job | 4/30/2009 | See Source »

Autoworkers have certainly made sacrifices recently as they trim wages and benefits to help make their employers more competitive and to save their jobs. That's part of the normal - and sometimes painful - give and take between employer and employee as companies seek to keep their workforce happy and their product pricing competitive. But when employee concessions become a currency equal in value - or even exceeding - the rights of bondholders, as it did in these latest negotiations, realism is replaced with hopeful illusions...

Author: /time Magazine | Title: Could Creditors Scuttle a GM Deal Like Chrysler's? | 4/30/2009 | See Source »

Regulation Scores of agencies police doctors. Thousands of people make their living doing it. They give us yearly tasks that doctors, on pain of ending their careers, absolutely must do: 10-page reappointment forms, written exams, blood tests, physicals. Every hospital we work in, every HMO we sign up with does this too. Every year. Every 10 years we have to take our boards again. (Imagine if lawyers had to pass the bar exam every decade until they quit.) And there are yearly federal and state licensures and safety exams, fire exams, infection-control exams, malpractice-insurance exams, queries about...

Author: /time Magazine | Title: How to Fix Health Care: Four Weeds to Remove | 4/30/2009 | See Source »

What advice would you give to mothers who are trying to raise strong, independent women in a world that has been slow to put women in power? Shirley Richardson ROUND ROCK, TEXAS...

Author: /time Magazine | Title: 10 Questions for Ellen Johnson Sirleaf | 4/30/2009 | See Source »

...blend of hubris and charm. "When I do a deal, it's a reflection of my astuteness as a businessman," he boasts in one of his more modest asides. At their worst, Trump's platitudes sound as if they came out of fortune cookies. ("Wisdom will come provided you give it a chance to develop.") But who can argue with a guy who sent Bernard Madoff packing when the latter came around looking for money: "I had enough going on in my own businesses that I didn't need to be associated or involved with his." Bernie, you're fired...

Author: /time Magazine | Title: Business Books | 4/30/2009 | See Source »

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