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...Six Degrees of Barack Obama...

Author: /time Magazine | Title: The Solvency Doctrine | 1/21/2009 | See Source »

...position is not one for anybody who craves job security. Typically, chiefs of staff burn out or are eased out in less than two-and-a-half years. The last one to survive an entire presidency was John R. Steelman, a onetime hobo who held the post for six years under Harry Truman, at a time when the staff was much smaller and the job title was "assistant to the President of the United States...

Author: /time Magazine | Title: An Enforcer Named Emanuel | 1/21/2009 | See Source »

...successful chief of staff. The best of them are the ones who, by all outward appearances, have no motives or identity outside those of the President. "You are hired for your judgment. You are not hired with an independent agenda," explains Ken Duberstein, who held the job for six months under Ronald Reagan. "When you speak, the voice people hear is the President's voice, not your own." Indeed, if you ever hear anything at all about the chief of staff, that is probably not a good sign. (See also Sununu, John...

Author: /time Magazine | Title: An Enforcer Named Emanuel | 1/21/2009 | See Source »

Daniel Suarez, a software consultant in Los Angeles, sent his techno-thriller Daemon to 48 literary agents. No go. So he self-published instead. Bit by bit, bloggers got behind Daemon. Eventually Penguin noticed and bought it and a sequel for a sum in the high six figures. "I really see a future in doing that," Suarez says, "where agencies would monitor the performance of self-published books, in a sort of Darwinian selection process, and see what bubbles to the surface. I think of it as crowd-sourcing the manuscript-submission process...

Author: /time Magazine | Title: Books Gone Wild: The Digital Age Reshapes Literature | 1/21/2009 | See Source »

...company. Raju, who has been arrested, admitted that he falsified Satyam's books and that profits were fictitious for several years. The company's true financial condition will not be known until new auditors KPMG and Deloitte are able to review accounts, which is expected to take four to six months. Even the exact number of Satyam employees is said to be inflated. Although Satyam claims to have 53,000 people on its rolls, the investigating agencies are trying to verify the figure, and some estimates say the number could be lower by 15% to 20%. (See pictures of India...

Author: /time Magazine | Title: India Tries to Save Jobs After Satyam Scandal | 1/20/2009 | See Source »

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