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...disprove the claim. The cases that are known, such as the cars recently discovered at the Hamburg port, have sparked political furor - not surprising in an election year. Finance Minister Peer Steinbrueck demanded an investigation into suspected abuse, while the opposition Free Democrats called for establishing a special police unit to crack down on any clunker-related fraud...

Author: /time Magazine | Title: Germany's Cash-for-Clunkers Black-Market Scandal | 8/7/2009 | See Source »

...While serving in the Navy during World War II, Schulberg was assigned to the Office of Strategic Services (OSS), where he worked with director John Ford's documentary unit. Schulberg created photo documentation for the Nuremburg trials and personally arrested German filmmaker Leni Riefenstahl at her chalet in Kitzbühel, Austria. Following his military service, Schulberg wrote the fight-racket novel The Harder They Fall and had no more movie credits until he and Kazan teamed up for On the Waterfront, for which John Garfield, Frank Sinatra and the young Paul Newman were touted for the Terry Malloy role...

Author: /time Magazine | Title: Budd Schulberg, Boss of the Brando Waterfront | 8/6/2009 | See Source »

...part, Najib had been doing okay until Saturday's mayhem, according to political analysts. After inheriting a ruling coalition in disarray and a government lacking firm direction amidst an economic slowdown, he had pulled the government together and give "hope of a fair, just and united society under his One Malaysia banner," says political scientist Denison Jayasooria. Mr Najib saw to it that more non-Malays were employed in the civil service, started several new, government-managed, big-sized unit trust schemes allowing non-Malay participation. He even allowed unsold portions of the units reserved for Malays, to be offered...

Author: /time Magazine | Title: Why the Honeymoon is Over for Malaysia's New PM | 8/6/2009 | See Source »

...doled out to Britain's lenders - both "have worked hard on their balance sheets," says Simon Maughan, a banking analyst at MF Global brokerage in London. Having tapped Middle East investors last year in an effort to bolster its capital base, Barclays agreed in June to sell the investment unit BGI to U.S. fund manager BlackRock for $13 billion. HSBC, for its part, pulled in close to $18 billion in a bumper-rights issue in April. The result: "Survival is no longer the issue" for these banks, says Maughan. "Growth can be once again...

Author: /time Magazine | Title: For Britain's Banks, Latest Earnings Show an Uneven Recovery | 8/5/2009 | See Source »

...that nuclear was the power source of the future earned her a remarkable degree of independence from political meddling. "If you look at what she's done since taking her job, you realize Anne Lauvergeon had the drive, creativity and vision to assemble all these parts into a single unit to be ready for a nuclear renaissance that she saw coming," says Ben Elias, research analyst for Sterne, Agee & Leach in New York. "There are very few CEOs in her league...

Author: /time Magazine | Title: Areva's Field of Dreams | 8/5/2009 | See Source »

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