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Public companies, beware: private-equity firms are trolling for your top managers. General Electric became the latest prey in August, when VNU Media, a Dutch market-research firm, poached 27-year GE veteran David Calhoun for its top job. As takeovers become larger, private-equity firms increasingly value strong management, and Calhoun, 49, joins a growing line of execs defecting from their listed companies. They're lured away by private equity's promise of less scrutiny and big financial reward. Calhoun's new pay is rumored at around $100 million. It's a price tag for which VNU's owners...

Author: /time Magazine | Title: People to Watch In International Business | 9/17/2006 | See Source »

...disunited party would mean electoral self-immolation. To get Brown's full-throated support during the 2005 election, Blair was forced to promise to quit before the next one - something he has always regretted. And while an orderly transition is obviously desirable for the Labour Party, it has fallen prey to the logic of personal ambition in a parliamentary system. A Prime Minister on his way out just doesn't have the juice: his threats of punishment and promises of advancement ring hollow. MPs start jockeying for the next guy's approval - and the bitter feud between Blair and Brown...

Author: /time Magazine | Title: Behind Tony Blair's Downfall | 9/7/2006 | See Source »

...bacteria that add a bit of carbon to convert it to methylmercury, a metabolically stickier form that stays in the body a long time. That is bad news for the food chain, since every time a bigger animal eats a smaller animal, it consumes a heavy dose of its prey's mercury load. That's why such large predatory fish as shark, swordfish, mackerel, tilefish and albacore tuna are so heavily contaminated. Less publicized but still problematic is toxic mercury vapor, which can be odorlessly emitted from factories and dumps where batteries, fluorescent lamps, jewelry, paints, electrical switches and other...

Author: /time Magazine | Title: Mercury Rising | 9/3/2006 | See Source »

...Killers Robert Siodmak, Don Siegel  The Ernest Hemingway story, about two tough guys in a diner, is one of the most influential works in American lit; without it, no Pulp Fiction. The 1946 movie expands the action with a long flashback about the gangster's prey, a haunted boxer called Swede (Burt Lancaster in his first movie). The 1964 version has murderous Lee Marvin tangling with the even more venal Ronald Reagan (in his last movie). The set also includes a third film, a short by renegade Soviet auteur Andrei Tarkovsky...

Author: /time Magazine | Title: 5 Classy DVD's From the Criterion Collection | 8/27/2006 | See Source »

...When asked whether he feared that his own children might become radicalized in England, he says he's more worried about them falling prey to Western bad habits. "My wife watches them 24/7. She worries that if she lets them go out they may mix with bad society. That makes problems...

Author: /time Magazine | Title: Where Some British Extremists
Go On Holiday | 8/21/2006 | See Source »

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