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...York City and applied to Princeton only to be waitlisted. Instead the 6'4" Parsons enrolled at the University of Hawaii at the age of 16, where he played basketball. He chose Hawaii, he told the New York Times, because a pretty girl who was his lab partner in had grown up there...

Author: /time Magazine | Title: Citigroup Chairman Richard Parsons | 1/21/2009 | See Source »

...though less fixed, marriage. Fiat and Chrysler announced a nonbinding deal Tuesday to create a partnership that will give the Italian automaker a 35% stake in the smallest of the badly strapped American Big Three. The joint announcement stipulated that Fiat's commitment to its struggling partner would be solely an equity interest and that "the alliance does not contemplate that Fiat would make a cash investment in Chrysler or commit to funding Chrysler in the future." (See the best cars from the 2009 Detroit Auto Show...

Author: /time Magazine | Title: Fiat to Take 35% Stake in Chrysler | 1/20/2009 | See Source »

...regime change" option is even reported to have support from Prime Minister Ehud Olmert, who sees it as a way to restore the control over all Palestinian territories of his peace partner, Palestinian Authority President Mahmoud Abbas. Skeptics, including Barak and Livni, warn that pursuing regime change would require the Israeli military operation to continue for months, risking diplomatic isolation and a dramatic increase in casualties. And the Israeli security establishment is justifiably skeptical of the prospects for reimposing the already enfeebled Abbas on a hostile Gaza. Rather than boost his power, the latest confrontation has further marginalized Abbas. Even...

Author: /time Magazine | Title: How the Gaza War Could End: Three Scenarios | 1/16/2009 | See Source »

...laws with America's. We are just getting to the stage where what is still considered 'contemporary culture' has started to fall into the public domain. Even the Beatles' recordings will begin to come out of European copyright in 2012 under the current law," says Mark Owen, intellectual-property partner at the London-based law firm Harbottle & Lewis. "The differing laws are causing tensions, particularly on the Internet, where it's unclear how they should be enforced." (See pictures of the Beatles in Liverpool, England...

Author: /time Magazine | Title: Pow! Popeye Loses Copyright Battle in Europe | 1/16/2009 | See Source »

...Holder, currently a partner in the prestigious Washington law firm Covington & Burling, has kept with tradition and stayed mum in advance of the hearing. But an Obama transition official says that Holder believes the Attorney General should "serve the American people, not the President, not any one political party," and base decisions solely on law and fact. He added that apart from strengthening DOJ's role in counterterrorism, Holder's principle objective would be to "restore credibility" to the department...

Author: /time Magazine | Title: Senate Could Grill Holder from Both Sides | 1/15/2009 | See Source »

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