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...government will probably try to have GM broken into two pieces. In that case, most of the creditors may be stuck holding paper in the weaker of the operations which will be made of brands like Saturn and Hummer which have no economic value at all. If that tactic works, the money that GM owes to financial firms could end up being next to nothing...

Author: /time Magazine | Title: Fixing GM May Just Be Practice for the Next Bailout | 4/14/2009 | See Source »

This also happens to be the day that the duo will release their full-length debut album, "Love the Future," which has been in the works for more than four years. Definitely not a publicity tactic. The boys just want to play some good music, you cynics...

Author: By Esther I. Yi | Title: D.A. and Maxwell, Meet Jimmy | 4/12/2009 | See Source »

According to Buth and the ODI's Harmer, it is unclear why kidnappings of aid workers have taken off so quickly. One reason could be that the tactic has spread from Iraq, where insurgents have kidnapped hundreds of foreign contractors since the U.S. invasion in 2003. As in Iraq, kidnappings of foreign aid workers - like those in Darfur - "make for a more visible political statement" than attacking local humanitarian staff, says the ODI report. Aid organizations have always insisted that they do not pay ransoms for their kidnapped staff. But the reality is more complicated. A few years...

Author: /time Magazine | Title: Report: Attacks on Aid Workers on the Rise | 4/9/2009 | See Source »

...established tactic. In the early 1500s, Pope Leo X underwrote his lavish lifestyle in part by taxing licensed prostitutes, and Peter the Great preyed on Russian vanity two centuries later by charging men who grew beards. In the Federalist papers, American patriot Alexander Hamilton proposed an excise tax on alcohol to boost revenues and curb consumption. The measure, enacted in 1791, sparked the Whiskey Rebellion, in which federal authorities were forced to quash an uprising by livid Pennsylvania settlers...

Author: /time Magazine | Title: A Brief History Of: Sin Taxes | 4/2/2009 | See Source »

...this way. So call a few recruiters and ask how long they think it will take a person with your experience to land a new gig. If it's longer than your severance will last, make the case that you should be compensated for the entire time period. One tactic Barbara Barra, executive vice president at Lee Hecht Harrison, has noticed: suggesting that your company extend severance pay by a few months but agreeing to cut it off early if you get a new job in the interim...

Author: /time Magazine | Title: As Layoffs Mount, Severance Packages More Negotiable | 3/30/2009 | See Source »

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