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...have overshadowed any wrongdoing he is alleged to have committed. Since AIG's collapse last September, sources tell TIME, Greenberg has worked with the Federal Reserve and Treasury Department on a plan to rebuild the company. And today, the 84-year-old tycoon is scheduled to appear as the star witness at a House Oversight Committee hearing on AIG's fall and its economic repercussions. A committee aide called him "an investigative asset" who can further understanding of what happened to the corporate colossus that has received $170 billion in government bailout funds. (See the five lessons to learn from...
...selling shoe brand in Italy, and GEOX is a rising star in the global marketplace. Between 2001 and 2008, the company's net sales increased from $195 million to $1.2 billion. Profits jumped from $9.5 million to $163 million. More recently, however, GEOX hasn't escaped the slowdown. After a decade of double-digit annual profit growth, net income flattened out in 2008. The stock has dropped 54% over the past year. "At the moment, the shoes business is very difficult," says Polegato. "I believe, however, that GEOX is in a great situation, because we can mix technology and style...
There was not much in Jenny McCarthy's early career as a Playboy model and MTV star to suggest that she would become a passionate advocate for family issues, children's health and autism awareness. But the birth of her now almost 7-year-old son Evan, who developed autism early in life, changed all of that. McCarthy has become a best-selling author, first of lighter stuff like Baby Laughs and Life Laughs; then of more serious fare, like Louder than Words: A Mother's Journey in Healing Autism. (Read "Fragile X: Unraveling Autism's Secrets...
...moment, Baron Cohen is doubtless playing the uncompromising artist, insisting that every frame of his film be shown as is; and Universal, I'd guess, is exerting its muscle both on the MPAA to approve a version with some shock value and on their star-auteur to throw the board a few boners and get the damn R. Baron Cohen shoots a lot of footage in his docucomedies, and, the studio spokesman told Waxman, "With the quantity of material available, I cannot foresee a problem. It's not even April and the film comes out July...
...Star Factor At the moment, the world is roiled, leaders are nervous, and everyone wants a piece of the media magnet that is Barack Obama. That means the White House is expecting all kinds of posturing in and around the meetings with Obama for domestic consumption in various nations. Will Russian leader Dmitri Medvedev use the meeting to highlight the U.S. role in the financial collapse? Will Chinese President Hu Jintao bring up the proposal for a new international currency to supplant the U.S. dollar? Will Mirek Topolanek, the recently displaced Prime Minister of the Czech Republic, renew his rhetoric...