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...Fiat also offers Chrysler very competent small cars that could put Chrysler fairly quickly in segments like the fast-growing subcompact market, where sales could grow by a third in the next four years, says Hall. Chrysler's smallest car is the compact Dodge Caliber, which has enjoyed limited success. In addition, the Fiat platforms are flexible enough to accommodate different body styles, from two doors to four doors to hatchbacks and small wagons, he says...

Author: /time Magazine | Title: What Fiat Could Do for Chrysler (and Vice Versa) | 6/19/2009 | See Source »

...newest entrant in a field of products trying to bridge the technical divide between those who e-mail and their loved ones who don't. Early efforts, like the Mail Station and Mail Bug, tried to create computer products simple enough for the elderly to learn to use. The next generation of services has scrapped that paradigm entirely. Instead, companies like Sunnygram, Presto and Celery are turning e-mails into faxs, phone messages or stamped letters - media senior citizens already understand - so that users can keep in touch on their own terms. "My dad doesn't feel capable of managing...

Author: /time Magazine | Title: Hi Gramps, Here's a Printout of My E-Mails | 6/19/2009 | See Source »

...that the White House has laid out its plans for financial regulation, figuring out what to do with Fannie and Freddie may be the next task at hand. This week President Obama said he plans to have a proposal on what to do with the mortgage insurers by early next year. Fannie and Freddie, which guarantee to pay lenders and investors in the event that a borrower defaults, were set up by Congress. But while they were run as private companies, it was long understood that if the companies ran into trouble, the government would step in to save them...

Author: /time Magazine | Title: The Future of Fannie and Freddie: Chief Says Government Ownership Is Bad | 6/19/2009 | See Source »

...limit the risk-taking and excess use of leverage that caused the two firms to collapse. "I think it would be bad for the mortgage market to get rid of them completely," said Kanjorski, who also spoke at the conference on Friday morning. "But if they were smaller, perhaps next time we won't be in the situation where these firms are too big to fail." (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: The Future of Fannie and Freddie: Chief Says Government Ownership Is Bad | 6/19/2009 | See Source »

...what exactly will these 14-to-24-year-olds be doing over the next six to 10 weeks? "Everything," says Andrew Sum of Northeastern University's Center for Labor Market Studies. "You'll have kids in offices, in day-care centers; some kids will be cleaning streets and parks, mowing lawns and cleaning highways." Some states will couple job time with classroom time, while others, like Indiana, plan to use their stimulus funds for green projects, such as trail maintenance and park restoration...

Author: /time Magazine | Title: Stimulus Sparks a Summer Jobs' Comeback | 6/19/2009 | See Source »

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