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...consolidated and some of which are not. In fact, going forward, GM's huge European operations, including its burgeoning business in Russia, will no longer be consolidated. It also appears that GM could withhold information on pension obligations, which are separate from the VEBA, even though that will remain with...

Author: /time Magazine | Title: Could General Motors' Stock Rise Again? | 6/11/2009 | See Source »

...Social Security eligibility at age 62, and a waiver on the "rule of 75"--which stipulates that an employee's age plus service must equal 75--for retiree medical eligibility. He said that while most of the staff would leave the University by the end of June, some may remain for a few extra months in order to ensure a smooth transition.FAS Dean Michael D. Smith had announced in April that 153 out of 521 eligible staff in his school accepted the buyout packages--a slight discrepancy from the most recent figures possibly caused by the delayed delivery of packages...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: 531 Staffers Take Buyout Package | 6/11/2009 | See Source »

...Bongo was one of the greediest and, coming to power at 31 in 1967, just seven years after Gabon's independence, one of the first. As such, he set and maintained the catastrophically low standard for African leadership that would ensure that a continent bursting with natural resources would remain the poorest and most war-ravaged place on earth for the ensuing four decades...

Author: /time Magazine | Title: Gabon Faces Bongo's Disastrous Legacy | 6/10/2009 | See Source »

...Africa, opening the way for a new era of reform and shared prosperity. Across the continent, the old "Big Men" dinosaurs are dying off. Gone are Idi Amin of Uganda, Mobutu Sese Seko of Zaïre, Hastings Banda of Malawi and Charles Taylor of Liberia. Those that remain are precariously long in the tooth: Libya's Muammar Gaddafi has been in power for 39 years, while Dos Santos of Angola and Obiang of Equatorial Guinea have ruled for 29 and Zimbabwe's Robert Mugabe for 28. Sadly, for Gabon, a fresh start is far from assured. In another move...

Author: /time Magazine | Title: Gabon Faces Bongo's Disastrous Legacy | 6/10/2009 | See Source »

...while doubts remain about Labour's chosen medium, Brown's bigger challenge remains the message. "You simply cannot solve these problems through changes at the top," Brown told Labour parliamentarians Monday night. In that sense, he's right: the party ought to stand and fall on its vision and policies more than the P.M.'s style of leadership. That it doesn't owes much to the prolonged absence of any big plan from Brown. The Prime Minister shelved plans for an election only months after taking over from Tony Blair in 2007 - a vote he would have likely...

Author: /time Magazine | Title: Britain's Brown Keeps Job, But Problems Remain | 6/9/2009 | See Source »

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