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After her CNBC taping finished, Orman swept across the parking lot toward a waiting Town Car. Her longtime driver, Jean Germain, a strapping gentleman from Haiti, came rushing over to take a garment bag from her hands. In lieu of a bonus, last year Orman opened a retirement account for him and made the maximum contribution of $5,000. The cash is sitting in a money-market fund until she decides that the market has bottomed out. She plans to dollar-cost-average into exchange-traded funds and a few individual stocks, as she suggests doing in her books. (Read...

Author: /time Magazine | Title: Suze Orman: Queen of the Crisis | 3/5/2009 | See Source »

Island Lessons A tour of Samso feels a bit like a greatest hits collection of Denmark's successful energy policies. The island features district heating plants fired by waste biomass such as straw. The plants provide heat to homes in lieu of more polluting oil-burning furnaces. When the sun is shining - which, admittedly, is not often - solar thermal panels provide hot water. Wind power is everywhere - on land, where towering turbines shade cows on a dairy farm, and offshore, where 10 turbines greet the incoming ferries like a row of sentinels. Many of the turbines are owned collectively...

Author: /time Magazine | Title: Denmark's Wind of Change | 2/25/2009 | See Source »

...Hinrichs, group vice president of Global Manufacturing and Labor Affairs at Ford Motor Company, said the tentative agreement gives Ford "the option" of using Ford common stock for up to 50% of the payments into the VEBA in lieu of cash. "We will consider each payment when it is due and use our discretion in determining whether cash or stock makes sense at the time, balancing our liquidity needs and preserving shareholder value," Hinrichs said...

Author: /time Magazine | Title: UAW Cuts Health-Care Deal with Ford | 2/23/2009 | See Source »

...lieu of further oil revenue, Iraq will have to raise cash elsewhere to maintain roughly the existing level of government spending, which U.S. and Iraqi officials feel is necessary to keep the economy steady. Despite surpluses and positive economic signs, Iraq cannot currently generate cash on capital markets like other countries by the sale of bonds because of hundreds of unsettled claims worth billions of dollars related to Iraq's 1991 invasion of Kuwait. Scores of possible lawsuits by Kuwaitis and Westerners lurk in countries where Iraq might sell bonds, which could be seized by courts deciding cases put forward...

Author: /time Magazine | Title: Iraq a Haven from the Global Financial Crisis — for Now | 2/18/2009 | See Source »

...develops the plot by testing it on an audience. If the story can hold someone’s attention for forty-five minutes, he is confident he has a film. And as someone who grew up “listening to grown-ups telling stories” in lieu of television, he knows how to hold an audience. Even while fielding serious questions, he managed to draw laughter from the crowd.Schrader both wrote and directed “Light Sleeper” and “Blue Collar,” shown at the HFA on Saturday night. When asked...

Author: By Rebecca A. Schuetz, CRIMSON STAFF WRITER | Title: Schrader Discusses Characters, Career | 2/5/2009 | See Source »

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