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...will say 'the liquidators are taking over the company, and therefore we are going out of business," says Harvey Yellen, chairman of the Great American Group. "You're going out of business because the company ran into bleak times, or was run wrong. We get hired to fix the problem. We're not the cause." Liquidators need to motivate a sales force that's about to lose their jobs. That's no easy task. "It's a depressed atmosphere," says Fried, a freelance liquidator hired by the Great American Group. He's running sales at two Circuit City locations...

Author: /time Magazine | Title: How Liquidators Profit from Circuit City's Loss | 1/22/2009 | See Source »

...food trading - countries would likely stop shipping food and focus on feeding their own populations - and it's a big crisis. We don't have the resources to do detailed analyses on the impacts of crops in different farming regimes but this suggests it could be a very serious problem...

Author: /time Magazine | Title: Regional Nuclear War and the Environment | 1/22/2009 | See Source »

...Well, that's Democrats for you. It's hard to imagine any Republican President since Reagan wanting to rummage through all that paper, or being fastidious enough to care about the strengths and weaknesses of every federal agency. If government was the problem, as Reagan suggested, the solution, theoretically, was less of it - and since reducing government proved impossible, as opposed to reducing taxes, there didn't seem to be all that much interest in actually making it work more efficiently. By contrast, Obama and his eclectic team of appointees give the impression of being positively intoxicated by the prospect...

Author: /time Magazine | Title: Obama Promises New Destiny, Work Begins Today | 1/21/2009 | See Source »

...severity of the problem comes to light, the island is gearing up for a mass dog vaccination this weekend to help prevent the virus from spreading beyond the districts of Denpasar and Badung, where the first cases were reported in November. Since then, more than 6,200 dogs have been vaccinated and more than 280 stray dogs put to sleep. Bali Governor I Made Mangku Pastika has closed the island's borders to all dog traffic from outside, where the virus is believed to have originated...

Author: /time Magazine | Title: A Rabies Outbreak in Paradise | 1/21/2009 | See Source »

...Tourism operators report that they have yet to see any cancellations as a result of the outbreak but admit that the problem needs to be dealt with quickly if they are to avoid losses. "It's another problem we didn't need," says Jack Daniels of Bali Discovery Tours. "But the government has been very aggressive in tackling it." In the meantime, visitors have been warned not to touch any animals that look as though they may be sick, including monkeys, which also carry the disease. "There is no need to be scared, but we are asking people to keep...

Author: /time Magazine | Title: A Rabies Outbreak in Paradise | 1/21/2009 | See Source »

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