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...Late last week Cooperman laid out his views to a packed room of securities analysts and hedge-fund managers in Manhattan. He noted the power of big federal spending and expressed concern that Washington's largesse, if unchecked, would fundamentally alter America's competitiveness. But he also made clear his view that the latest rounds of federal spending have averted crisis and set the stage for a shallow economic recovery with modest inflation. Longer term, he believes the U.S. will be growing at only 1.5% to 2% a year, well below the historical growth rate of 3%, a shortfall resulting...

Author: /time Magazine | Title: Is the Stock Market Cheap or Expensive? | 6/25/2009 | See Source »

...Finally, for both job seekers and employers, the web is the new power tool. In addition to sites like LinkedIn, where a growing number of companies are looking to poach top candidates without the need for executive search consultants, many high-level executives are using high-end services such as Bluesteps.com, where more than 50,000 members pay $269 or more to be part of an exclusive online recruiting bank drawn on by 6,000 recruiting firms...

Author: /time Magazine | Title: As Jobless Claims Mount, Executive Recruiters See Hope | 6/25/2009 | See Source »

Even within the White House complex, the opposing teams each have their own turfs. In the halls of power - the Oval Office, the East Room and the Rose Garden - the President oversees his domain. But just a few steps away sits the White House briefing room, a hotbox of cameras and television lights, where the President holds no real dominion. Here the press corps - a ragtag assortment of denim-clad cameramen, unkempt writers and preening television talkers - makes its home. When government officials come to visit, they enter a different space and are generally asked to prove themselves. Questions...

Author: /time Magazine | Title: The Press Stops Playing Nice with Obama | 6/23/2009 | See Source »

...escort stayed with him at his Rome residence the night of Nov. 4 as results were coming in of Barack Obama's election victory. But as damning as the news may appear, it is still too early to predict the demise of the billionaire TV tycoon, who rose to power in 1994 with an often disorientating formula of government, gossip, over-the-top charm and expansive media influence...

Author: /time Magazine | Title: Berlusconi in Crisis After Allegation of Affair | 6/23/2009 | See Source »

...rules of Italian politics. He carries unprecedented weight with television news broadcasts, both in his ownership of private channels and his influence over the management of state broadcaster RAI. (Leading nightly news TG1 has been roundly criticized for its vague and misleading reports on the scandal.) Berlusconi's power goes beyond just the physical instruments of communication. He has perfected the art of politics as an around-the-clock magician's act. And in Italy, the only thing more difficult than trying to imagine how he can avoid disappearing is imagining what public life would be like without...

Author: /time Magazine | Title: Berlusconi in Crisis After Allegation of Affair | 6/23/2009 | See Source »

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