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...states, the truth is that they might still be earning the basement-level wages of a Mississippi textile worker today if the UAW hadn't leaned on the likes of Mercedes in Washington. "Mercedes wanted a much lower pay scale when it arrived here," says Cashman, who notes that veteran southern autoworkers now earn "only fractionally less" than the average $27 an hour for Detroit workers (and often end up with more, thanks to the foreign car companies' bonus systems). "If not for the UAW pressure, the starting pay would have been more in line with the going wage rate...

Author: /time Magazine | Title: Detroit's Fall Gives Power to Rival Dixie | 12/22/2008 | See Source »

...California-based Pacific Investment Management Company, where he previously served as a managing director. He was replaced by Robert S. Kaplan, a management professor at Harvard Business School, who served as the interim head for the remainder of the fiscal year without paid compensation. Jane L. Mendillo, a veteran HMC employee of 15 years who left Harvard in 2002 to manage Wellesley College’s investments, returned in July to become HMC’s new chief...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Money Managers See Higher Compensation | 12/19/2008 | See Source »

Congress tried the process again in 1804, when it voted to impeach Supreme Court Justice Samuel Chase on charges of bad conduct. As a judge, Chase was overzealous and notoriously unfair; he ordered a Revolutionary War veteran hanged for treason after he refused to pay taxes, and he found the author of a book critical of President John Adams guilty of sedition. But Chase never committed a crime - he was just incredibly bad at his job. The Senate acquitted him on every count...

Author: /time Magazine | Title: Impeachment | 12/19/2008 | See Source »

...anyone had any remaining doubts whether embattled Illinois Governor Rod Blagojevich was going to fight hard to hold onto his job - and freedom - in the face of stinging corruption allegations, they were surely dispelled after veteran Chicago defense lawyer Edward Genson came to his side...

Author: /time Magazine | Title: Blagojevich's Lawyer: Taking the 'Unwinnable' Cases | 12/18/2008 | See Source »

...Today's media landscape only intensifies the pressures. The folks in the owner's suite can't avoid the rants of the bloggers who are calling for the coach's head. "Owners are sensitive to how they are perceived in the marketplace," says veteran agent Lonnie Cooper, who holds the unfortunate distinction of representing all six of the coaches fired this season. (Aspiring coaches, don't duck if you see him - Cooper represented Hall of Famer Chuck Daly and all-time wins leader Lenny Wilkens during their coaching careers; Rivers, whose champion Celtics are an astonishing...

Author: /time Magazine | Title: The NBA's Epidemic of Fired Coaches | 12/17/2008 | See Source »

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