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...effort to reassure clients, Andersen's partners fired the lead auditor on the Enron account, David Duncan, in January and admitted to Congress later in the month that potentially incriminating documents had been shredded. But suspicion that Andersen was not exactly forthright about the level of involvement of several executives was stoked by the revelation that Nancy Temple, a lawyer with the company, sent a memo reminding employees of Andersen's document-retention policies on Oct. 12. The memo, observers suspect, was a tacit order to start the shredding...

Author: /time Magazine | Title: The End of Arthur Andersen? | 3/11/2002 | See Source »

...didn't have to. Father Spagnolia had given the same account of his years outside the priesthood to Thomas Farragher of the Boston Globe. When Farragher's story appeared, the reporter began receiving e-mails about Spagnolia's long-term relationship with Winston F. Reed of Boston. When Farragher put the question to Father Spagnolia last Thursday night, he was given another untruth: Yes, Father Spagnolia told him, he had had a five-year sexual relationship with Reed, but no other partners. At a frantic Friday noon press conference at St. Patrick's, Father Spagnolia admitted there had in fact...

Author: /time Magazine | Title: Faith In Their Father? | 3/11/2002 | See Source »

...golden rule is that for men and women, fashion is as important as technology. With that in mind, the women's market offers unlimited possibilities. Women account for only one-third of the $14 billion in annual athletic-footwear sales, but evidence suggests they would be willing to spend more. "Women tend not to be price sensitive. They will pay full price," says Carol Murray, senior analyst for apparel and footwear at Salomon Smith Barney. "And it's clear that color and fashion are as important to women as performance...

Author: /time Magazine | Title: Fashion: Sneakers? Not. | 3/11/2002 | See Source »

Soaring like a bird, the camera tilts toward the sun across the desert landscape, turning its creek beds and clumps of spinifex into a shimmering tableau not unlike an Aboriginal dot painting. So begins Rabbit-Proof Fence, the filmed real-life account of three Aboriginal girls removed under the assimilation policy of 1930s Western Australia?and their long walk home. For the rest of the film, Christopher Doyle's camera never stops moving; cowering in darkness at the mission the young girls are taken to, then feeling its way like braille across 2,000 sun-scorched kilometers, to a ring...

Author: /time Magazine | Title: Travels With a Camera | 3/11/2002 | See Source »

...body-care shops that have sprung up everywhere to buy tropical-scented gels and pricey hair-care products. Sports clubs are opening up and yoga classes are all the rage. Koreans are eating out more and going to the movies. And not just Hollywood blockbusters?homegrown films now account for 46% of the market in Seoul, up from 25% in 1998. After the show, citizens sip cappuccinos in Seoul's new crop of serious coffee shops. Foreign franchises like Starbucks and dozens of local outlets are competing for a market that barely existed two years ago. "People like the idea...

Author: /time Magazine | Title: Veni, Vidi, Gucci | 3/11/2002 | See Source »

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