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...Anyone who can pick a corporate pocket for $3.6 billion is a pretty cool customer, but there are many lingering questions about the business that O'Leary and Perik delivered to Mattel in return for that money. "It was an ugly mess," says Bernard Stolar, a software-industry veteran who was brought in by Mattel to take over the Learning Company from O'Leary and Perik. "There had been an awful lot of mismanagement at the company." (See the top 10 financial-crisis buzzwords...
...will improve the shopping experience. Another is friendlier customer service. A third: home in on categories where the competition can be killed. "They've got Kmart ready to take a standing eight-count next year," says retail consultant Burt Flickinger III, managing director for Strategic Resources Group and a veteran Walmart watcher. "Same with Rite Aid. They've knocked out four of the top five toy retailers, and are now going after the last one standing, Toys "R" Us. Project Impact will be the catalyst to wipe out a second round of national and regional retailers." (See 10 things...
...Pelosi can't resolve the public-plan standoff and loses more veteran moderates like Mike Ross, she'll have to strong-arm vulnerable freshmen and sophomore lawmakers to vote for the bill in order to pass it - a big gamble in an uncertain electoral atmosphere. So skittish are a few vulnerable Democrats that they are actually considering skipping President Obama's much-touted speech on health-care reform before a joint session of Congress on Sept. 9, for fear of being caught on camera applauding any health-care initiatives. "There are a lot of freaked-out moderate and swing-district...
...first place, the DPJ's interest in finding a new balance to the alliance - for which read, a situation in which Japan is less automatically subservient to the U.S. - is not just a matter of Hatoyama's speeches. Ichiro Ozawa, the veteran politician man who cobbled the DPJ together and who is bound to influence policy as the party's general-secretary, has argued for decades that Japan should be a "normal" country, with its own foreign and domestic policy priorities, set in relation to its own interests...
There's a lot of pageantry on display at derbies, too. Veteran demolition driver Lynn Buchanan paid $600 for his mid-'70s Chevy wagon, which he decorated with an American-flag motif for the Delaware County derby. He puts a lot of hours into fixing up the clunkers he's getting ready to crash and sees the derby as a healthy way to blow off steam in stressful times. "I tell my wife, at least I'm not at the bar or doing drugs," he says. "You know where I am - in the garage turning a wrench...