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...obvious solution to the problem is simply to add more troops. Rhode Island Senator Jack Reed, a Democrat and West Point graduate who served with the 82nd Airborne, argues that the Pentagon needs to convert seven National Guard brigades--some 20,000 troops--into active-duty forces. Reed, an increasingly influential player in Congress on defense matters, thinks that would give the military the margin it now lacks in case North Korea or some other nation acts up. Another approach would be to create a new division from the ground up--not the kind that seizes ground and flanks...

Author: /time Magazine | Title: Is The Army Stretched Too Thin? | 9/1/2003 | See Source »

...influence falls to teen marketers like the FARM Team, college kids who spread the word about cool products on campuses. There are creative directors who elicit emotion from the familiar combination of a favorite song and the golden autumn glow of a tungsten movie lamp. There are designers like Reed Krakoff, who trusts that his intuition will enable him to tool leather handbags and accessories in a way that will appeal to millions of consumers. There are rock-'n'-roll stylists who know just how to rip a T shirt to transform a garage-band punk into a pop-culture...

Author: /time Magazine | Title: The Business Of Imagemaking | 8/28/2003 | See Source »

...yawn at the sight of another picture of Reed Krakoff, the executive creative director of Coach. True, the guy gets more press than Demi and Ashton, but he has turned the stodgy American brand favored by New Canaan, Conn., housewives and briefcase-toting free-lance writers into a global fashion status symbol. In fiscal year 2003 alone, Coach profits were up 67%. And while the rest of the retail industry was struggling with the effects of SARS, war in Iraq and unemployment, Krakoff was catapulting Coach from a half-a-billion-dollar company to a projected $1.1 billion company...

Author: /time Magazine | Title: 4. Reed Krakoff | 8/28/2003 | See Source »

...lower tax rate on stock dividends but don't know what stocks to buy? Mutual-fund firms have created a batch of new funds focused on dividend-paying companies. Fund tracker Morningstar Inc. estimates that a dozen or so such funds, among them Schwab Dividend Equity Fund and Waddell & Reed Advisors Dividend Income Fund, either recently opened or are set to open. These so-called equity income funds, which pay returns to investors through both dividends and (it is hoped) share-price appreciation, have been around for years, although the investment style was eclipsed during the late 1990s mania...

Author: /time Magazine | Title: Money: Cashing In On The Dividend-Tax Cut | 8/25/2003 | See Source »

Both films take up a topic currently agitating academics--female bullying--which is central to Thirteen and a somewhat underdeveloped subplot in Freaky Friday. In the former, Reed plays Evie, who moves in on a slightly disheveled but still functioning family and leads the daughter Tracy (Evan Rachel Wood) to the brink of disaster. It contains a nice, dithering performance by Holly Hunter as a mom making a living by hairdressing at home while trying to sustain a relationship with an unpromising guy (Jeremy Sisto). In the latter, the mother Tess (Jamie Lee Curtis) and her kid are magically obliged...

Author: /time Magazine | Title: Going Crazy over Girls | 8/18/2003 | See Source »

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