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...than 10% of the Blackstone Group, the U.S.'s leading private-equity firm, which owns everything from Freescale Semiconductor to Michaels Stores. The next day, Saudi Basic Industries Corp. said it was buying General Electric's plastics division--the storied operation based in Pittsfield, Mass., where former GE boss Jack Welch earned his stripes--for $11.6 billion...

Author: /time Magazine | Title: Buy American! | 5/24/2007 | See Source »

...Jack O'Connell, California's superintendent of public instruction, is one of many administrators around the country who find the AYP system too inflexible, too arbitrary and too punitive. Some California schools, he says, have made huge progress, but because they did not make AYP they are required to help students transfer to another school. "So," he laments, "we have to take away resources that we can document are improving achievement and put them into transportation to bus kids to other schools...

Author: /time Magazine | Title: How to Fix No Child Left Behind | 5/24/2007 | See Source »

...rooms is that it would detract from the communal experience of gathering in common rooms. But strangers do not meet in common rooms to bond over commercial breaks. They merely share awkward moments when one person treks to the basement for a basketball game while the next one fancies Jack Bauer. Most students do not wish to be disturbed or fight over the remote. The plan thus seems like a win-win situation—students who want satellite television could get it and students who do not want it will not have to pay. And yet the administration?...

Author: By The Crimson Staff | Title: TV Or Not TV | 5/23/2007 | See Source »

...global warming reports; he's now back at ExxonMobil. Steven Griles, an energy lobbyist who became deputy interior secretary, was a one-man extraction-industry conflict-of-interest machine at Interior; the inspector general described his tenure as an "ethical quagmire," and he's now awaiting sentencing in the Jack Abramoff lobbying scandal...

Author: /time Magazine | Title: A Win for Consumer Advocates | 5/23/2007 | See Source »

...Smoke Screen Your article about how Hollywood glamorizes smoking was illustrated with photos of Scarlett Johansson, Terrence Howard and Jack Nicholson lighting up in recent films [April 30]. You did not mention that all three were playing criminals. We don't see a lot of heroes smoking in films anymore. We do, however, still see lots of movie heroes solving their problems with fists and guns. That's a bigger problem than cigarettes. William Flanagan, New York City...

Author: /time Magazine | Title: Inbox | 5/17/2007 | See Source »

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