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...prospect of large-scale defections has sparked fears that the Japanese company might conceivably collapse. Such a closure could roil a global industry dominated by only four firms. The Financial Times last week reported that PricewaterhouseCoopers CEO Samuel DiPiazza, anxious to head off speculation, sent an e-mail to his firm's managing partners urging them to reassure their international clients that the effects on the parent company would be minimal...

Author: /time Magazine | Title: Japan's Regulators Get Tough | 5/15/2006 | See Source »

...rely for the defense of their country on a simple perception: that an opponent doesn't dare make an aggressive move for fear of devastating consequences. Peaceful negotiations through sustained diplomacy seem to be the only viable way out of this threatening situation. Then again, isn't the unwelcome prospect of mutually assured destruction a universally acclaimed deterrent against the unbearable perils of terrorism's ultimate expression? Pierre Galipeau St.-Léonard, Canada...

Author: /time Magazine | Title: Letters | 5/15/2006 | See Source »

...Soccer (MLS). The pro league born of the highly successful 1994 World Cup staged in the U.S., MLS has struggled for a decade to find its place in the sports-entertainment complex. But by thinking like an entrepreneur and managing like a global business, the league is facing the prospect that many concluded was unreachable in the U.S.: success. "What we have today is far more stability, far more credibility and far more optimism about our business and far more popularity than we've had," says MLS commissioner Don Garber...

Author: /time Magazine | Title: Management: U.S. Soccer Reboots | 5/14/2006 | See Source »

...Bush team favors direct talks. Many experts inside and outside the government believe that no matter what incentives the world offers, Iran is determined to become a nuclear power. That has raised the specter that the U.S. might take military action to destroy Iran's nuclear facilities. Although the prospect causes shudders among the U.S.'s European and Arab allies, it might prove more palatable if Washington has shown it has exhausted all diplomatic options, including direct negotiations, before resorting to military force. If the U.S. eventually has to launch a military campaign, says George Perkovich of the Carnegie Endowment...

Author: /time Magazine | Title: Why Not Talk? | 5/14/2006 | See Source »

...choosing between two unappealing options—either to maintain the CLC or to create an Outreach and Services Committee (OSC). The CLC, should it miraculously persist into next fall, with its authority relegated to the CEB, will be left impotent and without a mandate. As for the prospect of an OSC, every UC member should be responsible for reaching out to his/her constituents, as part of his/her representative duty. Creating such a committee would exculpate our elected representatives from direct accountability to our interests. Moreover, it seems ironic and disingenuous that the UC is discussing the creation...

Author: By The Crimson Staff, | Title: Putting the U in the UC | 5/12/2006 | See Source »

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