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...course, the greed and incompetence was not limited to a few individuals, but nearly systemic. As a result, finding out who is responsible for the collapse of our economy is as difficult as determining who is responsible for the death of Jdimytai Damour, the Wal-Mart employee who was trampled to death last Friday by around 2,000 people who continued shopping after it was announced that an employee had been killed. Both of these mishaps were the result of a large number of people acting irresponsibly and arguably some acting criminally...

Author: By Steven T. Cupps | Title: Go Directly to Jail | 12/4/2008 | See Source »

...jets that CEOs ride - Gulfstreams, Citations, Lears - are described as luxurious by reporters who probably have never been on board. Good guess, though. Being a business journalist, I've been on a number of corporate chariots, ranging from Nike's (think new, cushy Air Jordans with wings) to Wal-Mart's (think used Chrysler minivan with wings.) Typically, you are offered a ride-along with the CEO to watch the big boss in Action Mode. I'm not really sure if this is designed to impress or if it's simply an effective use of the CEO's time. After...

Author: /time Magazine | Title: Why the Big Three Should Fly Corporate Jets | 12/3/2008 | See Source »

...wouldn't attackers do something forbidden by their religious practice - to take drugs or anything else - that could help them achieve what they consider the far more important goal of their plot in striking a blow for God?" Bruguière asks. "Adepts of the Takfir wal-Hijra sect will adopt what Islam considers impure behavior of enemy societies, like drinking alcohol, eating pork and wild living, to better prepare attacks for those same societies. That's what Mohamed Atta and the other 9/11 attackers did while plotting in the U.S. If terrorists feel jihad justifies impious acts to prepare...

Author: /time Magazine | Title: Were the Mumbai Terrorists Fueled by Coke? | 12/3/2008 | See Source »

...overall budgets have shrunk, as tapped-out consumers have grown increasingly anxious about the economy. As a result, people are trading down in the stores they frequent and the number of items they buy. Case in point: the most popular product seen on BlackFriday.info's shopping lists was Wal-Mart's Batman and Spider-Man pajama sets, requested on more than 10,000 lists. The price: a mere...

Author: /time Magazine | Title: It's Cyber Monday. Will E-Retailers Have a Letdown? | 12/1/2008 | See Source »

...tried to throw his arms around the horse's neck, but he began to slide down the side of the horse anyway as his head was being battered against the ground and he was moments away from unconsciousness, to his great fortune a Marine sergeant who was shopping at Wal-Mart saw him and quickly unplugged the horse." - Jones, who acknowledges he enjoys tales of rivalry among the nation's military services, while speaking to the Atlantic Council (Sept...

Author: /time Magazine | Title: James Jones Jr. | 12/1/2008 | See Source »

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