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Perhaps that's what drew her to McDermott, or at least elevated their relationship to the point where she boasted to friends about her "really rich boyfriend." McDermott was certainly a man who knew the market, having worked his way up from entry-level research analyst to CEO of Keefe, Bruyette & Woods, a boutique investment bank. The firm was on the verge of what would have been his crowning achievement, a $100 million public offering last May. But days before the IPO, the firm canceled the deal when McDermott told his partners he was under investigation by the Securities...

Author: /time Magazine | Title: Wall Street's Deep Throat | 12/31/1999 | See Source »

Take a recent resolution adduced by actress Bridget Fonda. Two simple words: "Floss regularly." Shorn of pretense and ringing with truth. Undaunted by the mundane at this august moment in the history of Western civilization is cnn legal analyst Greta Van Susteren. On the eve of the new millennium, she vows "to learn to comb my hair before my show rather than after." Medical and personal-grooming resolutions happen to be among my favorites. Here are two that I may or may not use this year, so feel free to borrow them if you'd like: "To actually mail...

Author: /time Magazine | Title: Resolutions Without The Guilt | 12/31/1999 | See Source »

Einstein himself resisted all efforts to explore his psyche, rejecting, for example, a Freudian analyst's offer to put him on the couch. But curiosity about him continues, as evidenced by the unrelenting tide of Einstein books Amazon.com lists some 100 in print...

Author: /time Magazine | Title: Albert Einstein (1879-1955) | 12/31/1999 | See Source »

...fooled. Wal-Mart's website may be a disappointment now, but many suspect it's just the soup before the souffle--served to tide customers over while the company cooks up something better. Wal-Mart is doing what it has always done, notes DLJ analyst Gary Balter: watching, learning and biding its time before swooping in for the kill. "By no means should anyone assume that Wal-Mart's not going to be a major, major player in the longer term on the Internet," Balter says, "because it will...

Author: /time Magazine | Title: Waiting for Wal-Mart | 12/27/1999 | See Source »

...kind of consumer is about to emerge as the Internet revolution spills over the edges of the computer revolution's territory. "The next wave is people who never wanted to buy a PC," says Barry Parr, an analyst at International Data Corp. Even as early as 2003, analysts expect, a third of online households will be spending around $50 billion through non-PC devices...

Author: /time Magazine | Title: FutureShop: Web-Free Shopping | 12/27/1999 | See Source »

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