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...been flailing for close to two years. One CEO was fired over a year ago, but now the firm has two CEOs. One of them was to run the handset businesses after it was spun-off from the main company. That process has been delayed and may never happen. Motorola lost $3.6 billion in the fourth quarter of last year. For that quarter, revenue from the company's handset unit dropped by over half Several members of the Motorola board have run other huge firms including Deutsche Telekom and JPMorgan. But, the company still has two CEOs...

Author: /time Magazine | Title: Boards Refuse to Act Despite Poor Governance | 2/5/2009 | See Source »

...trying to earn the fee of about $22 for getting a cow across. (The animals can eventually be sold for as much as $900 each.) Legalizing the trade would reduce the border violence and open a new stream of tax revenue. But few on the border expect that to happen in a majority-Hindu country. "Which government is going to allow the export of cows for slaughter?" Mitra asks. "That would just be political suicide...

Author: /time Magazine | Title: A Great Divide | 2/5/2009 | See Source »

...other movies, since that would restrict the time they could spend talking about their own movies. Desperate for a new strategy, I thought about what had worked before in Utah. I gently asked festival programmer Trevor Groth what the punishment was for bribing judges. "Bribery doesn't happen enough in the film-festival circuit. I've been waiting for it for years," he said. So I asked talented, handsome actor Lou Taylor Pucci--one of three shorts judges--whether he'd throw his vote my way if I mentioned his name in TIME and called him talented and handsome...

Author: /time Magazine | Title: Joel Stein Goes Campaigning in Sundance | 2/5/2009 | See Source »

Armies built for conventional warfare don't easily make the transition to counterterrorism, as U.S. commanders discovered in Iraq. Pakistan's generals have shown no enthusiasm for such a change, despite a massive infusion of U.S. military aid meant to make it happen. Much of that money has been stolen or spent to defend against an attack from India; little has reached the border with Afghanistan. Army chief Ashfaq Kayani has made some effort to take on the Taliban and other militant groups, but fitfully and with mixed results...

Author: /time Magazine | Title: Pakistan's Prospects | 2/5/2009 | See Source »

Should that happen--and Pakistan's democrats continue their fractious, venal ways, while its soldiers pocket aid and dream of fighting India--the U.S. would be back where it started. It would be limited, once again, to lobbing missiles at terrorist camps in Pakistan, inevitably killing civilians in the process, while uniting all Pakistanis in hatred of the U.S. for sullying their nation's sovereignty...

Author: /time Magazine | Title: Pakistan's Prospects | 2/5/2009 | See Source »

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