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...Morgan Stanley security chief rick Rescorla may very well be the greatest American hero no one has ever heard of. Rescorla's many friends - from his Army days on - have been advocating a Presidential Medal of Freedom for him. But that has gone nowhere, because to celebrate his achievements and sacrifices on 9/11 calls attention to those - at the Port Authority and elsewhere - who got it all wrong. Steven R. Hansen, Jonesboro, Ariz...

Author: /time Magazine | Title: Inbox | 7/9/2008 | See Source »

...Morgan Stanley security chief Rick Rescorla may very well be the greatest American hero no one has ever heard of. Rescorla's many friends - from his Army days on - have been advocating a Presidential Medal of Freedom for him. But that has gone nowhere, because to celebrate his achievements and sacrifices on 9/11 calls attention to those - at the Port Authority and elsewhere - who got it all wrong. Steven R. Hansen, JONESBORO, ARIZ...

Author: /time Magazine | Title: Surviving Disaster | 7/9/2008 | See Source »

...acknowledged as one of the most important and influential works in the history of film. Its - for its era - avant-garde special effects and visual flourishes not only inspired some of the finest science fiction films of the 20th century, such as Ridley Scott's Blade Runner and Stanley Kubrick's 2001: A Space Odyssey; the unique aesthetics of the film left its mark on numerous fields of popular culture, from comic books such as Superman to music videos by Madonna...

Author: /time Magazine | Title: Lost Footage of Metropolis Emerges | 7/7/2008 | See Source »

...stock, which has fallen more than 50% in the past two years, rallied in early-morning trading. Investors liked the announcement, which replaced an earlier, less-aggressive plan to shutter just 100 shops. "The first step is admitting you have a problem," John Glass, an analyst at Morgan Stanley, wrote in a research note. He estimated that closing the 600 stores could boost U.S. operating margins by at least 1 percentage point...

Author: /time Magazine | Title: Starbucks Goes From Venti to Grande | 7/2/2008 | See Source »

...Nonetheless, the coffee company has a long haul ahead. Resizing its footprint to better fall in line with demand is a step in the right direction, but hardly a cure-all. Morgan Stanley's Glass points to "deteriorating underlying trends," such as the slowing economy and stepped-up coffee competition from the likes of Dunkin Donuts and McDonald's. Steven Kron, an analyst at Goldman Sachs, pointed out in a research note that while short-term investors may be enthusiastic about store closings, long-term investors still need to know more about how broader business trends play...

Author: /time Magazine | Title: Starbucks Goes From Venti to Grande | 7/2/2008 | See Source »

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