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...when he happened to rephrase a question posed to the diocese comptroller--that the diocese operated the separate Roman Catholic Welfare Corp., worth an estimated $400 million. But it was too late to add another defendant to the suit and too expensive to start a new trial. A jury awarded $29 million to Anderson's clients, but the diocese, pleading poverty, managed to have the judgment reduced to $7.6 million. Anderson says the award would have been much higher if the jury had known about the additional assets. The problem, Anderson says, is that "the Catholic Church doesn't have...

Author: /time Magazine | Title: Can a Church Go Broke? | 6/3/2002 | See Source »

...sheer volume of complaints is making church officials nervous, fearful that their defenses might be breached. In 1997 the Dallas diocese had to use insurance money, borrow $11.3 million and sell all its vacant property to pay a reduced judgment of $31 million following an initial $119.6 million award for sex-abuse victims of Father Rudolph Kos. The Boston diocese says that to date it has paid nearly $30 million in settlements...

Author: /time Magazine | Title: Can a Church Go Broke? | 6/3/2002 | See Source »

DIED. STEPHEN JAY GOULD, 60, groundbreaking evolutionary biologist and award-winning author; of cancer; in New York City (see Eulogy...

Author: /time Magazine | Title: Milestones Jun. 3, 2002 | 6/3/2002 | See Source »

...Daily News, the Golden Pen of Freedom prize, by the World Association of Newspapers, in recognition of his "outstanding service to the cause of press freedom in the face of constant persecution"; in Bruges, Belgium. Nyarota's paper has been subjected to severe restrictions under new media laws. AWARDED. To PROFESSOR ANTHONY GIDDENS, 63, director of the London School of Economics and Political Science, Spain's prestigious Prince of Asturias Award for Social Sciences; in Oviedo, Spain. Giddens will be presented with ?50,000 ($46,782) and a Joan Mir? statue by Spain's Crown Prince Felipe, who is also...

Author: /time Magazine | Title: Starting Time | 6/3/2002 | See Source »

...with a brutal nine-minute rape scene, they had a low threshold of pain for a pretty film with pretty people singing of love and loss; exactly one critic (this one) was there at the end. As for Chihwaseon, one insider announced a few hours before the awards ceremony that the jury had decided to give it the Palme d'Or (top prize). Yet Im settled for half of the Best Director prize (roughly a fourth-place award); he had to share it with U.S. director Paul Thomas Anderson, cited for the Adam Sandler comedy Punch-Drunk Love...

Author: /time Magazine | Title: Cannes Kiss Off | 6/3/2002 | See Source »

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