Word: reinventions
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Dates: during 2000-2009
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...reinvent language each day or even each generation. Obama is an African American--literally. His father was African, his mother was American. It took us all these years to get a black man into the White House. We're not giving that brother up anytime soon...
...founder of the Hidden Brain Drain task force, a group of more than 50 companies--including GE, Goldman Sachs and our own mother ship, Time Warner--that are exploring how employers can hang on to the people they can least afford to lose. Especially when companies need to reinvent themselves to survive, she warns, they can't afford the huge costs associated with stressed-out talent: "It's not good for the bottom line," she says, "and it's not good for individuals." The Harvard Business Review looked at a survey of what happened in companies that went through layoffs...
...that clock be turned back? It depends partly on Congress but mainly on financial markets. If they come roaring back over the next few years, the whole clawback conversation will probably be forgotten. If they don't, investment banks and hedge funds will have to reinvent themselves to win back investors. Partnerships will make a comeback. Hedge funds will stop charging investors 20% fees. And clawbacks will be everywhere...
...retired GM engineer this month set up a website called boycottalabamanow.com. But southerners ask who the hypocrites really are. "When the textile industry went down in the South and we were accused of being behind the times, we didn't ask for a bailout - we just had to reinvent ourselves," says John Jeter, a South Carolina author whose family owns a small chain of auto parts stores and whose new novel, The Plunder Room, examines the modern southern character. "So southerners feel it takes some audacity for northern businessmen who make millions to come holding out beggar's bowls...
...General Motors, Ford and Chrysler prove they have viable long-term business plans before qualifying for a second round of loans in March. All told, the Big Three have asked for $34 billion in bridge loans, though many economists say it will take up to $200 billion to really reinvent Detroit; negotiators have agreed to grant $14 billion to keep them afloat through March, but the companies must jump through significant hurdles in order to qualify for more federal aid after that. (Read TIME's biographies of the Big Three CEOs...