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...time passed, Ferraris had second thoughts. He couldn't understand why the company's interest payments on its debt were so high. Nor could he grasp why his boss wouldn't give him free access to the accounts. So over the summer, Ferraris asked two members of his staff to investigate discreetly. They came back several weeks later with a total debt estimate of ?14 billion, or $18.2 billion--more than double the amount shown on the balance sheet. Ferraris went to see Calisto Tanzi, the Parmalat founder and chief executive, whom he viewed as "an excellent person...

Author: /time Magazine | Title: How It Went Sour | 12/17/2004 | See Source »

...don’t know. She e-mailed from a hotmail account, and she’s apparently not ph-able...

Author: By FM Staff, CRIMSON STAFF WRITER | Title: FM Explained | 12/16/2004 | See Source »

While most university property in Cambridge is tax-exempt, both Harvard and MIT make a payment in lieu of taxes (PILOT) to the city each year. But with the universities combining to account for 10 percent of the city’s real estate, residents and politicians frequently call for the schools to contribute more...

Author: By Alan J. Tabak, CRIMSON STAFF WRITER | Title: Harvard Pressured to Pay City More | 12/16/2004 | See Source »

...differs greatly from black or women’s suffrage and will question a child’s mental capacity to make an informed decision. Mental capacity is not, however, listed in our laws as a requisite for voting rights. Nowhere in America are citizens barred from voting on account of their sub-par IQs. Further, there is no test of a citizen’s knowledge about issues prior to voting. The democratic ideal is that all citizens of a nation deserve a vote, regardless of their perceived competence or wisdom. It is not up to some elevated intellectual...

Author: By Nikhil Mathews, CRIMSON STAFF WRITER | Title: Child Suffrage: The Final Frontier | 12/13/2004 | See Source »

Such benign bias has its limits, of course. Professors should always question their students, but never heckle them or mock them. Students should not feel, in general, that they cannot get good grades without abandoning their true political views. But the number of cases of biased grading practices on account of political leanings is surely less severe than the problem of teaching fellow ignorance or poorly worded exams. Until cases of the persecution of conservatives appear on its campus, a college should refrain from exerting undue influence on a professor’s right to free and open expression...

Author: By The Crimson Staff, | Title: The Political Animal | 12/13/2004 | See Source »

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