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...Neither can General Motors'. The company is in the process of axing 1,100 of its 6,000 dealers. When the march of time, the sins of management and the scythe of a bad economy conspire to bankrupt once great companies, who pays? The sort of person, in the words of Tennessee Senator Bob Corker, "who ran a profitable business, civic leader, always responsible," who "very unfortunately" is "going to take a lot of pain" for the mistakes of others. A guy like Steve Weinberg. "It breaks your heart," says the Senator. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Government Motors: Can a Reinvention Save GM? | 5/28/2009 | See Source »

...here's a bit of counterconventional wisdom: The only person who has consistently been right about the disastrous AOL-Time Warner merger was its architect, Steve Case...

Author: /time Magazine | Title: Why AOL–Time Warner Wasn't Doomed to Failure | 5/28/2009 | See Source »

...First wanted to be a police officer after reading the Nancy Drew mystery stories but was told her diabetes might prevent fulfilling that dream. Later settled on becoming a judge after watching Perry Mason episodes, noting the judge was the most powerful person in the courtroom...

Author: /time Magazine | Title: Sonia Sotomayor: Obama's Supreme Court Nominee | 5/27/2009 | See Source »

...stand on the shoulders of countless people, yet there is one extraordinary person who is my life aspiration. That person is my mother, Celina Sotomayor." - Accepting Obama's nomination to the Supreme Court...

Author: /time Magazine | Title: Sonia Sotomayor: Obama's Supreme Court Nominee | 5/27/2009 | See Source »

...with whites than with each other. But in a Gallup survey last year, about two-thirds of each group suddenly said they thought their relations were good. "From a Hispanic perspective, Obama's election didn't just mean that a black man could be President, but that any minority person could," says Freddy Balsera, a Miami-based consultant who headed the Obama campaign's Hispanic- communications effort and is now a chair of the Democratic Party's National Hispanic Leadership Council. "As a result, on Election Day you could feel a new appreciation on both sides for each community...

Author: /time Magazine | Title: Picking Sotomayor: Bridging the Black-Latino Divide | 5/27/2009 | See Source »

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