Table of Contents:VOL. 158, NO. 11 - December 08, 2008 COVER STORY
 GM and me It was the Great American Company when Fortune's Alex Taylor III started covering it three decades ago. But by clinging to the attributes that made it an icon, General Motors drove itself to ruin. Features
 Bill and Melinda Gates go back to school Their crusade to fix schools earned a "needs improvement" so they have a new plan. The most surprising beneficiaries? Community colleges. By Claudia Wallis
What Cuomo wants from Wall Street When Andrew Cuomo was elected New York State attorney general, Wall Street thought he would take a page from Eliot Spitzer's playbook and put bankers' heads on a pike. So far, he'd rather settle than fight. By James Bandler with Doris Burke Iceland: The country that became a hedge fund Okay, not really. But its main banks and business tycoons took huge risks, and its citizens borrowed to the hilt. Now this island nation is paying the price. By Peter Gumbel
Liz Claiborne's extreme makeover CEO Bill McComb has remade the apparel company by jettisoning stale brands and focusing on Juicy Couture, Kate Spade, and Lucky Jeans. So why is the stock down 90% since he took the helm. By Suzanne Kapner Business of green
A green city blooms in the desert Abu Dhabi, which reckons the world will wean itself from fossil fuels, is building a city that runs on solar power, recycles all waste, and bans cars. By Julia Ioffe First
 The Deal A turkey roast: This year's flock of loser deals. By Allan Sloan
Financial services A church for these times. By Adam Lashinsky with Beth Kowitt How to keep your job Five tips you need now. By Beth Kowitt Can Citigroup survive? Bank analyst Chris Whalen says it may take more than a sale. By Katie Benner Value Driven Obama's opportunity costs. By Geoff Colvin The Three-Minute Manager By Jia Lynn Yang
World's Most Admired Companies Cisco Systems layers it on. By Mina Kimes The FDIC moves in on banks By Katie Benner A Republican's advice for Obama Rally Americans around an issue that will empower us: energy. By William F. Weld Questions for... Martha Stewart. With Suzanne Kapner Technology
Why can't Microsoft make money online? Yes, it's hugely profitable. Just not when it competes with Google. By Adam Lashinsky
DirtCheapCouture.com How a New York startup put fashion sample sales online. By Jessi Hempel Big Blue's big plan IBM drools over the coming infrastructure boom. By Jeffrey M. O'Brien
Hollyworld The re-rise of professional content. By Richard Siklos Life at the top
 Office gift guide When it comes to giving and receiving, the workplace can be hazard-filled. This year, we've got you covered.
Joy Ride The updated Porsche 911 Targa 4S: Practice makes perfect. By Sue Zesiger Callaway Mega-projects
The world's longest tunnel Fourth in a series exploring the world's most ambitious construction projects. By Telis Demos Investing: market madness
 Get ready for a rebound Jeff Mortimer, chief investment officer of Schwab's mutual funds, says you need to be prepared for a rapid rise in share prices.
Breaking Views The return of the all-stock merger. By Rob Cox |
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