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...indigenous girlfriend (the beguiling Lynn Collins, who has played Ophelia and Juliet and knows how to telegraph troubled love). He should know he cannot escape his roiled physical and psychological destiny; there ain't no sanity claws. Soon he's drawn back into the orbit of Stryker, whose plan is to pour adamantium into Logan's system, giving our boy the power to fight and destroy his murderous bro. "We're going to make you indestructible," Stryker says in one of his many generic Dr. Frankenstein lines. "But first we have to destroy you." And then they have to face...

Author: /time Magazine | Title: Wolverine: There Ain't No Sanity Claws | 4/30/2009 | See Source »

...same time, an important feature of the latest Detroit dealings is the lopsided favoritism shown the United Auto Workers (UAW). Take the Chrysler plan: Taxpayers were to trade in a $4 billion IOU (i.e., the government loans) for about 5% of Chrysler's stock. The UAW, on the other hand, was trading in a $4.5 billion IOU (related to its VEBA health-care trust for retirees) in return for 55% of Chrysler stock. Does that seem fair? A third group, the secured debt holders, were to trade in a $6.9 billion IOU and get $2 billion in cash - an amount...

Author: /time Magazine | Title: Could Creditors Scuttle a GM Deal Like Chrysler's? | 4/30/2009 | See Source »

...wonder that some of Chrysler's creditors said no, and it's also no surprise that a group of GM bondholders is putting forward an entirely new plan for that automaker, cutting out the government, which is slated to become a majority owner. The creditors' new plan suggests giving them a controlling equity interest instead and keeping the government (i.e., American taxpayers) as a creditor. Obama has made it clear that he has no interest in running a car company, so this offer may be one worth considering...

Author: /time Magazine | Title: Could Creditors Scuttle a GM Deal Like Chrysler's? | 4/30/2009 | See Source »

...amid fears of bioterrorism or a deadly bird-flu outbreak, President George W. Bush proposed the $7 billion National Strategy for Pandemic Influenza, meant to boost the availability of antivirals, ventilators and vaccines. Bush's plan was never fully funded; $870 million for flu-pandemic preparedness was actually dropped from the stimulus bill earlier this year. Still, it allowed the CDC to send diagnostic tests to labs around the country to track the flu's spread, while 11 million courses of Tamiflu were made available. "We are seeing a much more clear and cogent response than in the past," says...

Author: /time Magazine | Title: The Moment | 4/30/2009 | See Source »

...hindsight, the attempted takeover of BCE--the all-time biggest leveraged buyout in corporate history, led by the Ontario Teachers' Pension Plan, with backing from U.S. investors including Providence Equity Partners and Merrill Lynch Global Private Equity--was doomed from the moment it was signed in 2007. Less than two months later, global equity markets began to wobble, and credit got scarce. BCE's value sank from the take-out price of 34.62 a share to 16.85 on an auditor's report that debt from the proposed LBO would render the company insolvent. (Shares of BCE, with annual revenues...

Author: /time Magazine | Title: Nortel's Nadir | 4/30/2009 | See Source »

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