Word: breakups
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...other words, the breakup of AT&T is just crazy enough to work, and if it does (it doesn't hurt that AT&T's baby telecoms will all have the company name at their disposal), expect imitators. Now that the markets are in the middle of a bear/bull/correction/shakeout, the glower power of investors is peaking. When a company gets too big for consumers' good, the feds start in; when a company gets too big for its own bottom line, that's when investors grab the cleaver...
BILL GATES High court rejects fast track for breakup. He might stay nerd in chief of a united Microsoft...
...month after the much chronicled breakup of Ellen DeGeneres and Anne Heche, Hollywood's other high-profile lesbian couple announced they too are moving to Splitsville. Director JULIE CYPHER and singer MELISSA ETHERIDGE, whose family pictures made the cover of Rolling Stone in January, when they revealed rocker David Crosby had fathered their two children, are ending the 12-year relationship amicably. The pair, seen dancing together last week at a White House dinner, have purchased adjacent homes in L.A., where they will share custody of their kids. The tabloids are speculating on whether or not Cypher and Heche, both...
Wallerstein didn't always feel this way. Once upon a time, she too believed that a good divorce trumped a bad marriage where children were concerned. "The central paradigm now that is subscribed to throughout the country," says Wallerstein, "is if at the time of the breakup people will be civil with each other, if they can settle financial things fairly, and if the child is able to maintain contact with both parents, then the child is home free." Wallerstein helped build this model, she says, but now she's out to tear it down. "I'm changing my opinion...
...that children don't care if their parents are happy--they just want the stability of a two-parent household, without which they would later flail through adulthood and have a hard time forming good relationships. This conclusion, like her other gloomy generalizations ("Parenting erodes almost inevitably at the breakup and does not get restored for years, if ever"), is based on a small, nonrepresentative sample of families who were going through divorce in l971 in affluent Marin County, Calif. Wallerstein looks for evidence that divorce harms kids, and of course she finds it--now well into their...