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...automaker in 2007. At one point, there was speculation that Cerberus was trying to find a way to unload its ownership in the car company. However, an executive familiar with the talks tells TIME that Cerberus is not preparing to walk away from its investment. "They're long term investors. They would want to keep a meaningful stake in the combined companies," said the executive. A merger, however, may also be the best way for Cerberus to make good of a bad situation...
...those writers because they didn’t buy pink? Categorization. THC: On your website it says you’re a “hyper-fiction writer.” What do you define as hyper-fiction? JC: A German critic was the first one to use that term in an article he wrote about one of my books. I asked what he meant and he cryptically said, “Look up the word in the dictionary.” Lo and behold, one of the definitions of “hyper” was something like...
...leader needs to understand the process of creative destruction,” said Ferguson, evoking Joseph Schumpter’s principle of creative destruction, which notes that long term economic growth comes from the destruction of the value of established companies through market innovation and fluctuation. “HBS, more than any other institution, has sought to illuminate, elucidate, and, above all, communicate this principle...
...this doesn’t sound like a problem. Our generation has grown up on the internet, and most of us still manage to lead normal lives. Indeed, the very term “Net Addiction” belies the fact that those coming up with these horrifying categories do not belong to the internet generation. No one who has been near a computer since 1997 still uses the term “Net.” These are people who still say things like “What?...
...During the debate over the bill, Obama and other abortion supporters used the term "previable fetuses" to describe these situations. Obama voiced concern that if applied to state abortion law, the Born Alive legislation's recognition of a "human person's" rights for the previable would complicate the legal underpinnings of abortion rights...