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Kanter says she gets her real kicks these days mostly from the Sarosi-Kanter Charitable Foundation that she and her husband Marc started with $2 million. And she knows half a dozen other current and former Microsofties who have started foundations. "The status symbol of the '80s was a BMW. The status symbol of this decade is having your own foundation named after you," says a Microsoft retiree, who naturally has her own. The move certainly makes financial sense for folks like Kanter. After typical start-up costs of about $20,000, assets of more than...

Author: /time Magazine | Title: Microserf Munificence: Lily Kanter | 7/24/2000 | See Source »

...familiar with the group. By all accounts, the ecstasy ring was led by Papa, a premed student on the dean's list at Arizona State University, who used former high school friends to distribute the drug. Soon he began to emulate Gravano's life: he bought a flashy silver BMW M3 and began to hang out at his own choice table in some of the more upscale clubs. But, police say, Papa was still a small-time dealer. "It was 100 pills here and another 100 there...

Author: /time Magazine | Title: Happiness Is...A Pill?: Crime: Ecstasy In Arizona: A Cop and Bull Story | 6/5/2000 | See Source »

...Forum greeting 3. Itinerary word 4. He warned that pressure to deploy missile defenses could lead to a new arms race 5. Org. that will create a Kosovo war-crimes court 6. Soccer's Hamm 7. Cockpit abbr. 8. Alchemy has called off its deal to buy this from BMW 9. Sub __ 10. Jai __ 11. Rebel __ 19. Gov't.-property overseer 21. Lake formed by Hoover Dam 22. Former name of Tokyo 23. Garment slit 24. Indonesian province that's the site of a trial of soldiers accused of massacre 25. MacLeod of The Love Boat 26. Setting...

Author: /time Magazine | Title: News Quiz Crossword May 15, 2000 | 5/15/2000 | See Source »

...long run can be long indeed, and if you hold only a few stocks, there are no guarantees. You could be wiped out. Even if you own a basket of tech stocks, your nest egg could drop 50% or more in the time it takes to order that new BMW. Spreading investments across asset classes reduces such risk and looks dumb only to the tech cultists...

Author: /time Magazine | Title: How Much Risk? | 4/10/2000 | See Source »

...long-term effect the gold rush will have on those swept up in it. How hard it will be to hunker down in an entry-level job and begin to climb the career ladder slowly. After all, we will remember, there was once a time when employers doled out BMW's like Christmas fruitcakes...

Author: By Noah Oppenheim, | Title: When the New Economy Ages | 4/7/2000 | See Source »

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