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...falls apart, that would also trigger new elections to the Assembly. And this may not be good for the DUP. Iris Robinson's affair has rocked the rural evangelicals who comprise the party's base, and may lead some to drift toward two smaller Protestant parties. A three-way split of the Protestant vote could give Sinn Fein the largest number of seats in the Assembly, causing the political process to grind to a halt. Such an outcome would also be a disaster for Robinson, who has steered the DUP away from its original firebrand populism to its current position...

Author: /time Magazine | Title: Northern Ireland Sex Scandal | 1/25/2010 | See Source »

...Three CEOs had rushed to Washington to beg for a bailout. Detroit's arrogant insularity had left it with crushing debt, slipping standards and lots full of cars nobody wanted. The Big Three's days may be numbered. Ingrassia foresees a future in which five or six smaller companies split their share of the U.S. market, with 10% or 20% for each. The ultimate question facing the new leaders is whether they will learn from their predecessors' mistakes...

Author: /time Magazine | Title: The Skimmer | 1/25/2010 | See Source »

...payment of leasing fees or credits, and the airline will continue to honor frequent-flyer mileage and tickets. But some analysts wonder if JAL can continue to grow as a business during such a massive restructuring. Yasuhiro Matsumoto, senior analyst at Shinsei Securities in Tokyo, says he's split between whether bankruptcy and ETIC help is the best path for the airline. "It's clear that there's government support, but we don't know the future of JAL's business profile," says Matsumoto...

Author: /time Magazine | Title: Japan Airlines Files for Bankruptcy | 1/19/2010 | See Source »

...Hussein Iraq. It instantly alienated an entire spectrum of civil servants and politicians, many of whom didn't have much loyalty to the old regime and could have been enlisted in the construction of a new government. And because many of them were Sunni, it helped widen the sectarian split in Iraqi society that eventually led to civil...

Author: /time Magazine | Title: Could a Sunni Candidates Ban Imperil Iraq's Election? | 1/19/2010 | See Source »

...shows, the same people were winners. Best Actor: Jeff Bridges for his role as an alky singer in Crazy Heart. Best Actress, at both: Streep for Julie & Julia and Bullock for The Blind Side. (At the Golden Globes, to get more stars to show up, the actors' awards are split into Comedy/Musical and Drama.) Best Supporting Actor: Christoph Waltz, Inglourious Basterds. Best Supporting Actress: Mo'Nique, Precious: Based on the Novel "Push" by Sapphire. Only in the Picture and Director categories did the two groups disagree. The Broadcast Critics gave those awards to Kathryn Bigelow, and her Iraq bomb-squad...

Author: /time Magazine | Title: Cameron's Avatar Takes Golden Globe Glory | 1/18/2010 | See Source »

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