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Picking up on the meteorological theme, at left: mutual-fund investors can be a fair-weather bunch too, withdrawing and reinvesting money along with the market's ups and downs. Problem is, they often act at the wrong time and make less than they would have if they had done nothing at all. While the S&P 500 returned an annualized 12.2% from 1984 through 2002, the average stock-fund investor saw a meager 2.6% yearly gain--which didn't even outpace inflation (ringing in at 3.1%), according to a recent study by Boston research firm Dalbar Inc. The reason...

Author: /time Magazine | Title: Money: Time to Do Nothing? | 7/28/2003 | See Source »

...Lies! A bunch of outright lies!" Uzan says of the Motorola complaint, which among other things charges the family with using libel and extortion to intimidate its enemies. Judge Rakoff, he claims, is anti-Turkish. "He is biased against Turkey, against the Turkish people." As for the High Court judge in the U.K. who slapped Uzan family members with a 15-month jail term for contempt of court and a worldwide freeze on assets, he "thinks he rules the world." The whole Motorola-Nokia lawsuit is merely a "business dispute between one company and another" and should be dealt with...

Author: /time Magazine | Title: Not Just Business As Usual | 7/27/2003 | See Source »

...country in the world that does to you what [Prime Minister Recep Tayyip] Erdogan has done to my family. Motorola's complaint states that your company, Telsim, never intended to pay back its loans. It also says your family has tried to intimidate Motorola into dropping the suit A bunch of outright lies. The intention to settle was there all the time. This family has never said we will not pay. Not once. So when will you pay? We have to wait until the litigation ends, right? What has been the highlight of your business career to date? The takeover...

Author: /time Magazine | Title: "Everyone Knows This Is A Political Lynching" | 7/27/2003 | See Source »

...other farms, allowing him to net $25,000 last year. While conventional-milk prices fluctuate wildly, the price of organic milk has held steady. The premium has been so steep for the past few years that more and more farmers, even some who once dismissed organic farming as a bunch of New Age nonsense, are changing their tune...

Author: /time Magazine | Title: Agribusiness: A New Cash Cow | 7/14/2003 | See Source »

...tracking down stolen receipts for their expense reports, angling for better-subsidized lunches and ferrying their bosses to golf tournaments than catching crooks. Yet the Bayside movies aren't farces; they walk a tightrope between deadpan humor and serious drama. Aoshima and his gang are at root a virtuous bunch, constantly questioning the dubious policies of their superiors while putting themselves at personal and professional risk to seek justice. They weigh choices and debate the differences between the good of the individual and of the group, loyalty to one's boss vs. the pursuit of justice, and doing what...

Author: /time Magazine | Title: Crime Fighters Unbound | 7/14/2003 | See Source »

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