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...which the government would forgive about $10 billion of the carmaker's $15.4 billion federal debt in return for a 50% stake in the company. The United Auto Workers union urged the government to reject the proposed plan, which also includes a 100-to-1 reverse stock split, because it would call on GM to outsource more of its manufacturing to foreign countries...

Author: /time Magazine | Title: The World | 5/18/2009 | See Source »

...look for ways to ease tensions. Two conservative officials immediately stood up to criticize Zhao, effectively blaming the escalating protests on him. Deng had the last word with his fateful decision to impose martial law and move troops into the capital. In a rare historical instance of a split at the party's highest levels, Zhao wouldn't sign on: "I refused to become the General Secretary who mobilized the military to crack down on students...

Author: /time Magazine | Title: The Secret Memoir of a Fallen Chinese Leader | 5/14/2009 | See Source »

...Montana law will go into effect on Oct. 1, and the ensuing legal battle will be long, perhaps three years or more, Halbrook says. Helmke expects the Brady Campaign to join the fight. The Printz decision was a 5-4 split with the majority opinion written by Justice Antonin Scalia, but this latest challenge could be heard by a court sitting in Obama's second term or his successor's, meaning it will likely be a court with a different lineup...

Author: /time Magazine | Title: States' Gun Rights: The Next Constitutional Battlefield | 5/12/2009 | See Source »

...also increases the number of standing committees within the Council from two—the Finance Committee and the Student Affairs Committee—to five. The Finance Committee will still exist, but some responsibilities will be delegated to other committees. The Student Affairs Committee will be split into the Student Life Committee and the Education Committee. The Student Relations Committee—which was created as an ad hoc committee in the first piece of legislation this semester—will also be institutionalized. A Student Initiatives Committee will also be formed to run programs such as UC TKTS...

Author: By Brittany M Llewellyn and Eric P. Newcomer, CRIMSON STAFF WRITERSS | Title: UC Passes Bill To Up Number of Reps | 5/11/2009 | See Source »

...World War II, to make the painted human figure plausible again by subjecting it to extreme pressure. The soft tissue of Bacon's men and women is wrenched and smeared by their own drives and desires and by whatever it is they do to one another. Their heads are split, their torsos are boneless. Their limbs, stretched and exploded, truly deserve to be called extremities--because with Bacon the body is always in extremis...

Author: /time Magazine | Title: Tragic Hero: A Majestic Francis Bacon Show | 4/30/2009 | See Source »

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