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...before potential buyers came knocking. A consortium led by the Morgan Stanley Real Estate Fund hired Chao and won the bidding on the first and biggest chunk, $1.3 billion in loans from Huarong Asset Management, in 2001. Such successes have made Chao fairly fearless. Last fall, during a staff retreat in Phoenix, Arizona, he led three lawyers from China on a three-hour mountain-biking trip in the blistering sun along rattlesnake-infested rocky roads. "What the heck," he told them. "After China, this is nothing." Reckless attitude? Chao would probably call it risk arbitrage...

Author: /time Magazine | Title: Lawyer for Hire: Knows China Well | 3/21/2005 | See Source »

...rapid evacuation of casualties is stunning," he says. At first glance, Landstuhl doesn't seem like it could play a key role in any war. The complex of low-slung buildings and neatly manicured pathways, set on a forested hillside above a small town, looks more like a country retreat than a set from M.A.S.H. Taken over by the Americans in 1951, the hospital was regarded for years by military doctors as a quaint backwater, out of touch with both Pentagon politics and the cutting-edge research of combat medicine. Dorlac says it was "a 9-to-3 life...

Author: /time Magazine | Title: Emergency Room | 3/20/2005 | See Source »

...before potential buyers came knocking. A consortium led by the Morgan Stanley Real Estate Fund hired Chao and won the bidding on the first and biggest chunk, $1.3 billion in loans from Huarong Asset Management, in 2001. Such successes have made Chao fairly fearless. Last fall, during a staff retreat in Phoenix, Ariz., he led three lawyers from China on a three-hour mountain-biking trip in the blistering sun along rattlesnake-infested rocky roads."What the heck," he told them. "After China, this is nothing." Reckless attitude? Chao would probably call it risk arbitrage. --By Sonja Steptoe/Menlo Park

Author: /time Magazine | Title: Lawyer for Hire: Knows China Well | 3/20/2005 | See Source »

...difficulty in proving whether such novels are implicitly pro-Nazi or anti-Nazi, Ryan admitted, is that under Nazism no explicit literary dissent in Germany was possible. Authors instead could either physically exile themselves or undergo “inner emigration,” a retreat into one’s own artistic world to combat the horrors of the world without. Modern readers must judge the validity of many authors’ post-war claims that their work under Hitler contained subtexts of anti-Nazi dissent, even when the texts themselves suggest otherwise...

Author: By Laura E. Kolbe, CONTRIBUTING WRITER | Title: Fascism's 'Flaming Motor' | 3/18/2005 | See Source »

...that would be instantly recognizable to Saddam. Bashar's indecisive handling of the job has left the elite most involved in the regime deeply unhappy at his performance, while Syria's long-repressed citizenry sees their neighbors on both sides ridding themselves of despots. If Syria is forced to retreat from Lebanon, it's an open question whether Assad will ultimately survive the backlash both from Syria's security establishment and from its long-suffering people for whom it will be unmistakable evidence of the regime's weakness. But long after Assad departs the scene, Hizballah may continue to play...

Author: /time Magazine | Title: Lebanon After the Syrians | 3/9/2005 | See Source »

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