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...weeks later, Carey fired her longtime manager, Randy Hoffman, and attorney, Alan Grubman, both of whom happen to be close associates of Mottola's. "I've grown up," she explains. "It's been a gradual process of gaining creative control." So who can resist seeing Honey as a metaphor for Carey's personal declaration of independence? Well, actually, Carey herself. "It's just a James Bond spoof," she insists. "The actors weren't meant to be Tommy or anybody else...

Author: /time Magazine | Title: MUSIC: BUTTERFLIES ARE FREE | 9/15/1997 | See Source »

...that sponsor reckless parties. And more than 50 colleges now permit students to avoid temptation and rowdy behavior by living in alcohol-free dorms. "It's an effort to break into the campus alcohol culture and say it is possible to have a fulfilling college experience without drinking," says Alan Levy, a spokesman for the University of Michigan, where 30% of undergrads choose the alcohol-free option...

Author: /time Magazine | Title: BATTLE OF THE BINGE | 9/8/1997 | See Source »

...mainframe computers, using nine-digit identification numbers as data points. Then, even more than today, the citizenry instinctively loathed the computer and its injunctions against folding, spindling and mutilating. We were not numbers! We were human beings! These fears came to a head in the late 1960s, recalls Alan Westin, a retired Columbia University professor who publishes a quarterly report Privacy and American Business. "The techniques of intrusion and data surveillance had overcome the weak law and social mores that we had built up in the pre-World War II era," says Westin...

Author: /time Magazine | Title: INVASION OF PRIVACY | 8/25/1997 | See Source »

...government, the President's Working Group on Financial Markets, formed after the '87 crash, still meets every six weeks for an hour or so to discuss things like bank failures and stock-market crashes. The group is chaired by Treasury Secretary Robert Rubin and includes Federal Reserve Chairman Alan Greenspan, as well the heads of the Securities and Exchange Commission, the Commodity Futures Trading Commission and others. Officials are reluctant to say anything about contingency planning out of concern that it would be misinterpreted as a statement on the market--something they want no part of. Early last week Rubin...

Author: /time Magazine | Title: WALL STREET'S DOOMSDAY SCENARIO | 8/4/1997 | See Source »

...YORK CITY: About the only thing other than Alan Greenspan that seems able to slow an exuberant stock market right now is a shrinking unemployment rate. So after the government released a report this morning showing that the nation's jobless rate dropped to 4.8 percent in July, matching a 24-year low, the Dow promptly fell nearly 120 points. While the White House was quick to claim credit ("The strategy of balancing the budget, while investing in our people and selling more American products around the world, has helped to produce sustained prosperity for Americans," Clinton said), markets slowed...

Author: /time Magazine | Title: Get a Job | 8/1/1997 | See Source »

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