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...Stay the course. Fifteen years after junk-bond pioneer Michael Milken went to prison for securities fraud, he is still slowly rebuilding his image as a philanthropist in the fields of education and medical research. Gibson may have a similarly long haul. His comments are, for many Jews, a third strike. The first strike came from comments Gibson's father made denying the Holocaust, the second from depictions of Jews in his film The Passion in what many saw as a negative light. "When you do something that plays into a preconception, you have to recognize that it will...

Author: /time Magazine | Title: How Mel Gibson Can Redeem Himself | 8/2/2006 | See Source »

...last time we were in a place even roughly comparable was the late 1980s, the decade that birthed LBOs, so called because firms got a lot of their buying power from debt, or leverage--particularly high-yield, risky junk bonds. Raiders feasted on bloated conglomerates such as Beatrice, buying them up, busting them apart and reselling at a profit--until the economy slipped into recession. The ensuing bankruptcies killed off the junk-bond market, and the deals dried up. The late 1990s saw a tech-driven LBO resurgence, but that too ended with the 2000 bubble burst...

Author: /time Magazine | Title: The Big Deals Wheel Again | 7/30/2006 | See Source »

...spatial memory and navigation, actually grows bigger than those of mere humans. And yet, as demonstrated in The Book of Dave, the latest novel by British author Will Self, the Knowledge alone will not save your life. It fails to warn Dave Rudman, the book's cabbie hero, that junk food, booze and pills are not the best fuel for the long, lonely hours of a night shift. Nor can it stem the drip feed of [an error occurred while processing this directive] cynicism that comes with relentlessly crawling over the skin of the city in the company of "fares...

Author: /time Magazine | Title: Self Knowledge | 7/2/2006 | See Source »

...Cheap junk food has never been hard to find - it overflows in supermarkets, corner stores and even gas stations. But Americans' burgeoning interest in healthier eating has prompted a surge in the availability of healthier foods, which have long battled for supermarket shelf space with saltier, sweeter alternatives. Fruits and veggies are being packaged in new forms, without spoiling their nutritional value. Last year manufacturers introduced more than 400 whole-grain products, according to ProductScan research, and hundreds more are coming out this year. Some are just slightly less junkier version of sugar-loaded snacks, but others are worth trying...

Author: /time Magazine | Title: A Healthier Trip to the Supermarket | 6/15/2006 | See Source »

Some fear that the use of such aggressive tactics will undermine quieter efforts to address health and nutrition issues. In several cities parents and teachers have succeeded in persuading school boards to remove junk food from hallways without resorting to lawsuits. A coalition of parents and teachers persuaded the Los Angeles Unified School District to ban soda sales in district schools beginning in 2004. In late August the school board will consider whether to set tougher nutrition standards for cafeteria menus and vending-machine snacks. In June the New York City Department of Education announced it would ban candy...

Author: /time Magazine | Title: Fat Foods: Back in Court | 6/13/2006 | See Source »

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