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...Former Boeing executive Alan Mulally has partially disproved that theory by leading Ford to the greatest success among the Detroit Three. Now GM board chairman Ed Whitacre, a veteran of the telecommunications business, will try to go the rest of the way. After accepting the resignation of GM veteran Fritz Henderson, Whitacre will be running the company as interim CEO while he searches for a full-time successor...

Author: /time Magazine | Title: Why Fritz Henderson Is Out as GM's CEO | 12/2/2009 | See Source »

...Henderson will be remembered as being as smart and experienced as any GM CEO, but he appeared tone-deaf when it came to listening to Whitacre and the rest of his board of directors. Since he had no role in picking them and they owed him nothing, that proved to be a fatal mistake...

Author: /time Magazine | Title: Why Fritz Henderson Is Out as GM's CEO | 12/2/2009 | See Source »

...Stranded Fish," homeless, starving former freedom fighter Idulfitri wanders by lusty foreign-movie posters with "naked thighs" on Merdeka Square near the Presidential Palace and wonders, "Why aren't there any pictures showing how hunger twists and turns in my guts?" The rest of the story is a picture precisely of that, as Idulfitri engages in Godot-like banter with a fellow revolutionary turned rake while they scrounge for a meal. Eventually they sell a monitor-lizard-skin wallet to a hawker on South Gambir Street (now Jalan Medan Merdeka Selatan, home to banks and the U.S. embassy) for satay...

Author: /time Magazine | Title: Sense of Place: Jakarta | 12/2/2009 | See Source »

...Northern League, founded in 1991 on a platform to separate the richer northern regions from the rest of Italy, is as strong as it has ever been. It is now a key ally in Prime Minister Silvio Berlusconi's majority in Parliament after garnering 10% of support in the last national election on a campaign focused on deepening worries about crime and the economy. Last week, the league floated (but then withdrew) a measure in Italy's budget bill that would have capped unemployment benefits for foreign-born workers. (See a story about how the Northern League roils even...

Author: /time Magazine | Title: An Italian Town's White (No Foreigners) Christmas | 12/1/2009 | See Source »

...consensus," says Mario Marazziti, Sant'Egidio's spokesman. "But in the end, it is against the national interest. Italy is in demographic decline, and the only real chance is to work to integrate immigrants, who are the last hope for the country to start to grow again. All the rest just creates conflict and puts off resolving this crisis...

Author: /time Magazine | Title: An Italian Town's White (No Foreigners) Christmas | 12/1/2009 | See Source »

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