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...joint appearance was nostalgic and at times a little awkward. Palin gratefully credits McCain for her newfound fame, wealth and power. McCain is fascinated by Palin's ability to draw a crowd and make news; he also feels a sense of responsibility for the intense scrutiny and radical life changes that have befallen Palin and her family. Thousands of people came to the Pima County Fairgrounds, many of them apparently there to see Palin rather than the actual candidate--something Cindy McCain highlighted in her brief remarks, to nervous laughter. Notably, all the cable news networks (Fox News included...

Author: /time Magazine | Title: It's Her Party Now | 4/12/2010 | See Source »

...subprime-mortgage disaster. It sounds like a lofty ideal when Angelo Mozilo, a co-founder of Countrywide, says in a speech in 2003, "Expanding the American dream of homeownership must continue to be our mission, not solely for the purpose of benefiting corporate America, but more importantly, to make our country a better place." Countrywide and others made mortgages available to anyone with a pulse, aided and abetted by Wall Street, which created the market for exotic mortgage derivatives. By 2008, "banks and investors had plied the average American with mortgage debt on such speculative and unthinking terms that...

Author: /time Magazine | Title: Business Books | 4/12/2010 | See Source »

...company. One of the first steps will be to explore synergies with the TV-set-top business. "Right now, about 80% of the content people use comes to them in their home," Jha says. "But they increasingly need to carry that content on their cell phones. How can we make that easier...

Author: /time Magazine | Title: Motorola's Binary Code | 4/12/2010 | See Source »

...marked for renewables. Underscoring its commitment to a green transformation, Dong is in the process of shutting down 25% of its coal-fired power plants and switching to straw-based and other renewable fuels. "We're taking the big steps now," says Eldrup. "This is different from politicians who make big promises to do something in the future. We want to show that you must have a big vision and be ready to deliver." (See the top 10 scientific discoveries...

Author: /time Magazine | Title: Radical Green | 4/12/2010 | See Source »

...same time, we did everything we could to make TIME available on the iPad. In the media these days, we have to participate in things that we also cover. I am not one of those who see the tablet as the solution for all the media's problems, but I do see it as a dynamic new way that we can present great reporting and writing to our readers. For the first time since the magazine's birth in 1923, we will soon be delivering the entire contents of TIME to paying customers in a radically different...

Author: /time Magazine | Title: Ushering In a New Era | 4/12/2010 | See Source »

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