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...credit note for the amount the subsidiaries supposedly owed it, and take that to banks to raise money. To make the debt disappear, Parmalat transferred the liabilities to off-book subsidi-aries, also based in offshore havens. Bondi, the bankruptcy commissioner, says the system was a lethal brew. "In an attempt to hide its state of insolvency," he said in a report, Parmalat "entangled itself in gran-diose financial operations that were ever more costly." "OFFENSIVE AND RIDICULOUS" By the end of the '90s, the first red flags began popping up. In late 1999, Esteban Pedro Villar, a partner...

Author: /time Magazine | Title: How It All Went So Sour | 11/21/2004 | See Source »

...seemed that these beer aficionados certainly know their stuff. Whether it comes to explaining the historical need fulfilled by India Pale Ales (IPA) or matching the proper glass to each brew, the board members are well-informed on all things beer. They even keep a “beer log” with ratings and comments on sampled brews...

Author: By Jeffrey P. Amlin, CONTRIBUTING WRITER | Title: Harvard Students Celebrate Wonders of Beer | 11/8/2004 | See Source »

...bass. A surprisingly high standard of music is maintained throughout this album, and the emotional lyrics sung by a genuine vocalist provide a much-needed breath of fresh air from the hum drum music of our day. The intermittent raps add a jolt of spice to the already piquant brew, and everything somehow just seems to work for the band...

Author: NO WRITER ATTRIBUTED | Title: New Music | 10/22/2004 | See Source »

...Used seems to want us to think over the course of their second album, In Love and Death; but the only time fleeting here is the duration of the record. At just over 40 minutes, it takes less than one turn of the clock to finish this disjointed brew, which combines screaming (á la their self-titled debut) with three or four thought-provoking, catchy melodies that manage to evoke the album’s intended theme, what drummer Branden Steineckert calls “that feeling of movement and momentum you hear in the music...

Author: NO WRITER ATTRIBUTED | Title: NEW MUSIC | 10/15/2004 | See Source »

...centers squarely in American soul and Motown. But where these genres draw their pain through mostly musical means, this is nothing compared to more clever bands who have made albums chronicling their pain through woe-wrought lyrics cast over pop melodies that add pathos to the songs in a brew that never fails to crush the willing spirit. It occurs to me that Rob’s tastes may have never needed to cross the Atlantic...

Author: By Christopher A. Kukstis, KUKSTICITY | Title: The ministers of loquacious melancholy | 10/15/2004 | See Source »

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