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...bondholders could try to resist bankruptcy, but there would be consequences. Among the bondholders are banks such as JPMorgan Chase and Wells Fargo that themselves have taken money from the government's Troubled Asset Relief Program. Standing in the way of the Administration's plans for the auto industry would win them few friends. One option the bondholders have is to try to seize the factories. But that would jeopardize the partsmakers too, and the banks are also holding the paper for many industry suppliers. If the factories shut down as a result of a legal battle, so would...

Author: /time Magazine | Title: Can Detroit Be Retooled — Before It's Too Late? | 4/2/2009 | See Source »

...year he hid a stash of balls behind a hospitality tent so he could sneak back out to practice after the staff went home. As is common to addicts, those close to Harrington try to wean him off his habit. His caddy, Ronan Flood, will often urge him to resist hitting one last bucket of balls. "I'm like a scolded child," says Harrington...

Author: /time Magazine | Title: Padraig Harrington: The Grinder | 4/2/2009 | See Source »

...What the Administration must absolutely resist is the temptation of more ambitious goals in Afghanistan, like rooting out the entire Taliban or fostering Western-style democracy. We must never forget that it was al-Qaeda who attacked us and not the Taliban, which is not an international terrorist group. If we make the all-too-common mistake of reducing the Taliban to al-Qaeda, it becomes an open-ended and endless...

Author: /time Magazine | Title: Avoiding a Quagmire in Afghanistan | 4/1/2009 | See Source »

...height of Britain's colonial powers, plans were afoot to challenge a stage-managed G-20 consensus. Demonstrators took to the streets, and French President Nicolas Sarkozy and German Chancellor Angela Merkel sent out invitations to their own joint London press conference, to signal their determination to resist any Anglo-American pressure for additional fiscal stimulus and to highlight their demands for stricter financial regulation. They are not the only G-20 leaders to arrive in London with agendas that reflect divergent approaches to the economic crisis - and differing domestic pressures. (See pictures of the global financial crisis...

Author: /time Magazine | Title: On Eve of G-20, Obama Promises to Listen, Not Lecture | 4/1/2009 | See Source »

...femininity that she has not chosen, a woman, in expressing her sexuality, is merely reifying the oppressive social constraints imposed on her. Actively construed, the phrase implies that women can consciously engage in the formation of their identities, insofar as they can choose to either comply with or resist prevailing gender practices. In this vein, by encouraging women to appropriate their sexuality for their own self-defined and freely chosen ends, the feminist sexual libertarians have attempted to invert the hegemonic norms that place sex fully under male control...

Author: By Courtney A. Fiske | Title: ‘Sexiness’ or ‘Sexism’? | 3/30/2009 | See Source »

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