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...America was the only car company to increase unit sales last year? Subaru buyers tend to be overeducated; they buy less car than they can afford and hang on to it forever. "They pay cash, and then you never see them again," says Tim Mahoney, Subaru of America's chief marketing officer. At least not for an average 7.3 years, when they return like migrating carbirds to buy another one. Recession...

Author: /time Magazine | Title: Subaru: A Rare Bright Spot Amid Automakers' Gloom | 1/13/2009 | See Source »

...what was the Motown Sound? Great melodies, lots of tambourines and hand clapping, blaring horns, interplay between the lead singer and his or her backup vocalists, driving bass lines and foot-slapping drum parts. In his still essential Motown history Where Did Our Love Go? Nelson George writes, "Motown chief engineer Mike McClain built a miniscule, tinny-sounding radio designed to approximate the sound of a car radio. The high-end bias of Motown's recordings can be partially traced to the company's reliance on this piece of equipment." They knew people would be listening on their car stereos...

Author: /time Magazine | Title: Motown | 1/12/2009 | See Source »

...Generally, hedge-fund managers are loath to endorse more regulation, but even Chris Kundro, co-chief executive officer at New York City-based LaCrosse Global Fund Services, which manages $13 billion in assets for its clients, believes the Madoff case "has changed things." Kundro told Bloomberg TV last week that the Madoff fraud was a unique situation that added to the overall crisis in investor confidence. Since Madoff, Kundro said, there is "now a fundamental shift in thinking that some regulation may be needed for feeder funds...

Author: /time Magazine | Title: Bernie Madoff's Victims: Why Some Have No Recourse | 1/12/2009 | See Source »

...seems to me to be ignoring a great deal of expertise that's available in the still-serving military. So I would think that, with all respect for Admiral Blair, there was a lot of people who would have been a better choice." - Michael Scheuer, ex-CIA bin Laden chief, January 6, 2009, the Newshour with Jim Lehrer...

Author: /time Magazine | Title: Dennis Blair | 1/12/2009 | See Source »

...source told TIME that Hamas' walkie-talkie frequency had been cracked, and Israeli Arabic speakers have interrupted the fighters to say, "You're the ones spilling blood, not your leaders, who are safe in hiding." Israeli officials are so confident of crushing Hamas that on Sunday the military intelligence chief, Major General Amos Yadlin, gave his war briefing to the Cabinet in comical verse...

Author: /time Magazine | Title: How Badly Has Hamas Been Hurt in Gaza? | 1/12/2009 | See Source »

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