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...plays in Mexico, Brazil and China. Lewis says those limited stakes are as far as he plans to go. "I don't see buying any bank," he says. Then again, he says of his last three billion-dollar acquisitions: "Certain things came our way." If a good deal calls, Ken Lewis will be listening...

Author: /time Magazine | Title: The Savior of Countrywide? | 1/17/2008 | See Source »

...same time, London and New York City were bywords of urban decay. In 1981, London had seen some of the most bitter riots in a century. The city was run by a hard-left political clique whose understanding of capitalism came straight from Marx. (Its leader was "Red" Ken Livingstone; some 25 years on, now mayor, he sings the praises of London's financial-services industry and is pals with New York's plutocratic leader, Michael Bloomberg.) New York almost went bankrupt in 1975; by the early 1980s, its streets were potholed, filthy and dangerous. The city routinely had nearly...

Author: /time Magazine | Title: A Tale Of Three Cities | 1/17/2008 | See Source »

PATSY CLINE AND TAMMY Wynette were fine, thank you, but for Country Music Hall of Fame producer Ken Nelson, the orchestral, slickly produced Nashville sound of the '50s needed an update. As the understated, hands-off country guru at Capitol Records for 20 years, the California-based Nelson defined the raw, twangy style that became known as the Bakersfield sound, first with the 1952 Hank Thompson hit The Wild Side of Life and later by discovering Merle Haggard (above, at left) and Buck Owens...

Author: /time Magazine | Title: Milestones | 1/10/2008 | See Source »

...George H.W. Bush to raise money to help the people of Indonesia after the tsunami. I can appreciate his efforts to reform welfare, or admire his ability to connect with audiences. But when I see the Clintons together, I see a parade of images from impeachment to Monica to Ken Starr that are reminders of Washington at its partisan worst, with Hillary as a harsh and accusatory player. She only underscores this with her frequent complaint - really a reminder - that she's taken "incoming fire...

Author: /time Magazine | Title: Clinton's Message Problem | 1/10/2008 | See Source »

...book ends by discussing history's changing nature in today's highly visual world, along with the advent of the Internet. Burrow astutely recognizes Ken Burns' U.S. television series on the American Civil War for what it is - a trailblazing masterpiece, "matching the scale of events it recounted in a way no printed book could do." As Burrow suggests, this is just part of a broader shift in the way the past has come to be packaged. When Burrow was a boy, he learned Latin and translated the Roman historians Livy and Tacitus. Today, children still learn about...

Author: /time Magazine | Title: Past Masters: John Burrows' History of Histories | 1/9/2008 | See Source »

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