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...Lehman's next problem was to keep the Mexican plants running through May to produce the goods for Christmas but at the same time plan to shut them down. But workers got suspicious when the company stopped ordering raw materials. They had seen other U.S. companies close overnight without paying the legally mandated severance pay. Two days before the planned but unannounced shutdown, workers at one plant took the American manager hostage, locking her in the lunchroom until they were assured of severance. The next day Von Lehman sent a pile of cash in an armored truck. Amazingly, he notes...

Author: /time Magazine | Title: A Shoemaker Gets a Makeover | 5/24/2007 | See Source »

...most credible CV is Zoellick,” Hausmann said. Hubbard, who earned his masters and Ph.D. in economics at Harvard and is currently dean of the Columbia School of Business, has also been mentioned as a contender for the post. ”If it’s raw politics, [his odds are] probably not very high,” said New York University Economics Department Chair Mark Gertler, a longtime friend and colleague of Hubbard. “If it’s competency, he has a very good chance.” Gertler added that Hubbard would...

Author: By Clifford M. Marks, CRIMSON STAFF WRITER | Title: Harvard Grad May Replace Wolfowitz | 5/23/2007 | See Source »

...example, the Treasury Department indicated it would investigate Moore for taking a trip to Cuba to check out Castro's medical system. (Guess what he found? It's better than ours!) Moore shot back with an open letter that claimed the Bush Administration was "abusing the federal government for raw, crass political purposes." It was his way of saying thank you for all the free publicity...

Author: /time Magazine | Title: Sicko Is Socko | 5/19/2007 | See Source »

...week in the world's newspapers and magazines and across the airwaves. Jarring new examples emerged: the same female soldier, holding a leash wrapped around the neck of a naked prisoner cringing at her feet. Even when the shots were pixilated or cropped for modesty, nothing could hide the raw cruelty of U.S. soldiers ridiculing the manhood of Iraqi captives. Of all places, these atrocities occurred at Abu Ghraib prison, once the infamous home of Saddam Hussein's torture chambers...

Author: /time Magazine | Title: Iraq: The Scandal's Growing Stain | 5/18/2007 | See Source »

...wait and see. There is a collective mixture of guilt, shame, anger and resentment given our past with slavery that makes it difficult for us to have an honest discussion. I don't believe we will see the end of it in my lifetime. It is still very raw. Ask Don Imus...

Author: /time Magazine | Title: 10 Questions for Don Cheadle | 5/17/2007 | See Source »

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