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...split the CEO and chairman roles, sometimes because of the law, and sometimes because of other conventions. Companies listed on the London Stock Exchange, for example, are allowed to have the same person serving as both CEO and chairman - but they must provide a compelling reason why. As a result, some 95% of British companies split the job. Simon Wong, who studied the topic as a consultant at McKinsey, points to another reason why separating the roles is a tough sell in the U.S. "If you do not occupy both positions you are perceived to be not a sufficiently strong...

Author: /time Magazine | Title: Splitting Power at the Top | 5/28/2008 | See Source »

...arts. After the 1980 coup, tens of thousands of leftists were imprisoned and often tortured. Newspapers and magazines were banned, politics was forbidden in schools and universities and free speech stifled by draconian laws, some of which are still on the books. With intellectualism effectively quashed, the end result was a cultural vacuum. Recovering has not been easy...

Author: /time Magazine | Title: Turkish Director Fêted in Cannes, Ignored at Home | 5/27/2008 | See Source »

...this anger necessarily a bad thing? No. Saint Thomas Aquinas talked about anger being an attack on the evil present in the mind, and how if one ignores this evil - the thing that's wrong - the result is sadness. The truth that has to be mastered in adolescence is that a boy can do whatever he likes, inside the law. Leaving those boundaries is a fundamentally self-destructive thing...

Author: /time Magazine | Title: Angry Young Men | 5/26/2008 | See Source »

...southern Iraq. But Sistani's repeated appeals for peace lost their weight as sectarian violence rose in Iraq, with Sadr leading the Mahdi Army militia in an inexorable year-long quest for Shi'ite revenge following the bombing of a revered shrine in Samarra in early 2006. As a result, Sadr, a mere cleric, towered as the most powerful Shi'ite figure in Iraq, eclipsing the more senior Sistani's prestigious status as ayatollah. Sistani became a voice in the wings on Iraq's political stage as the country's armed factions, including the U.S. military, warred through...

Author: /time Magazine | Title: The Return of Iraq's Ayatollah | 5/25/2008 | See Source »

...designated the FARC as a terrorist organization. When the U.S. finally came to Bogota's aid in 2000 with the multi-billion-dollar Plan Colombia, a counter-insurgency mission disguised as a drug-interdiction project, Colombia's once laughable military began knocking the FARC to the mat. As a result, conservative President Alvaro Uribe is enjoying approval ratings as high as the Colombian sierras...

Author: /time Magazine | Title: Colombia's Rebel Patriarch Is Dead | 5/25/2008 | See Source »

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