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Word: offerred (lookup in dictionary) (lookup stats)
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That ability to make complex strategic decisions collectively requires an almost Benedictine devotion to corporate togetherness, starting with physical space. The firm's 39th- and 40th-floor offices offer sweeping views of San Francisco Bay and the Golden Gate Bridge as well as of the interior hallways--the walls are glass. Two staircases connect the floors, and walking about is heavily encouraged. Branch offices and telecommuting are verboten...

Author: /time Magazine | Title: The Cult of Committee | 7/19/2007 | See Source »

...been egging on PE firms to deal jump. Some have become quite vocal and even threatened to vote their shares against a deal unless a bidder kicked in more money. One such firm is Cohen & Steers Inc., a nonactivist real estate investor, which publicly criticized Blackstone's original takeover offer for Equity Office as being ridiculously low. The firm's comments helped trigger the bidding war that ensued...

Author: /time Magazine | Title: Finance: A Private-Equity Peak? | 7/19/2007 | See Source »

...firm's co-CEO, won't shy from speaking up when he feels a takeout isn't fair. "Oh, absolutely," he said. "Our fiduciary obligation is to maximize the returns and the valuation for our investors." Carl Icahn more recently suffered a similar predicament when shareholders rebelled against his offer for auto-parts maker Lear Corp., forcing him to cough up more cash. And several PE financings have flopped because investors balked at the lenient loan terms...

Author: /time Magazine | Title: Finance: A Private-Equity Peak? | 7/19/2007 | See Source »

...what about the Illinois soldiers in Iraq? Obama didn't offer specific numbers, but his technical point turns out to be correct. Between 24 and 28 military members from the state (depending on which of the many available sources we rely on) were killed during the 2006-07 school year. That?s fewer, in absolute terms, than the number of kids killed in Chicago. But Obama was wrong on the relative victimization of both populations: the number of dead soldiers represents about .3% (or 30 out of every 10,000) of the total number of active and reserve troops from...

Author: /time Magazine | Title: Is Baghdad Safer Than Chicago? | 7/19/2007 | See Source »

...Economic liberalization has certainly brought new freedom to Indian society. Middle class households are now bombarded with American TV serials such as The Bold the Beautiful, The OC and General Hospital, and these, together with Indian equivalents, offer a palette of aspirations for modeling their lives. Young Indian women are starting to find their role models in the likes of Brooke (from The Bold and Beautiful), Ally McBeal and Rachel from Friends rather than simply following the paths of their mothers and grandmothers. Most importantly, teenage and twentysomething Indian women want the same independence as their television heroines appear...

Author: /time Magazine | Title: Reality Bites for India's Young and Restless | 7/18/2007 | See Source »

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