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...Newton, Iowa, Maytag's home since 1893, news that the troubled appliance maker would be sold has stirred up a host of emotions. "It's a fear of the unknown, and there's plenty of unknowns around here these days," says resident Jim McCleary. Maytag is weighing bids from Whirlpool and a private-equity firm, Ripplewood Holdings. Meanwhile, many of the 2,800 Maytag employees in Newton--18% of the population--are worried that they will lose their jobs. Others are sad to watch the Maytag legacy go on the block. Mary Ergenbright's father was a Maytag clerk...

Author: /time Magazine | Title: Lessons: Maytag's Blues | 8/7/2005 | See Source »

...says Terry Pickett, who spent 17 years at Maytag as a tooling designer. Before he was laid off in April 2004, he had begun to look elsewhere for his future; he will finish his degree in civil engineering next spring. The town has been preparing as well. Since 2002, Newton has poured $130 million into parks, a 40,000-seat racetrack and small-business incentives. If Newton can bounce back, surely Maytag can too. To do so, it will have to correct its flat-footed mistakes. Here's what it will take...

Author: /time Magazine | Title: Lessons: Maytag's Blues | 8/7/2005 | See Source »

Documents released by the government indicated that Shleifer had mortgaged his home in Newton, Mass. on Tuesday in order to pay a first installment of $600,000 in the settlement...

Author: By Zachary M. Seward, CRIMSON STAFF WRITER | Title: Harvard Settles Suit For $26.5 M | 8/5/2005 | See Source »

...many times do we have to rerun the Scopes "monkey trial"? There are gaps in science everywhere. Are we to fill them all with divinity? There were gaps in Newton's universe. They were ultimately filled by Einstein's revisions. There are gaps in Einstein's universe, great chasms between it and quantum theory. Perhaps they are filled by God. Perhaps not. But it is certainly not science to merely declare...

Author: /time Magazine | Title: Let's Have No More Monkey Trials | 8/1/2005 | See Source »

Documents released by the government Wednesday indicated that Shleifer had mortgaged his home in Newton, Mass. yesterday in order to pay a first installment of $600,000 in the settlement...

Author: By Zachary M. Seward, CRIMSON STAFF WRITER | Title: Harvard To Pay $26.5 Million in HIID Settlement | 7/29/2005 | See Source »

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