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...times. Consider Thomas Jefferson's descent from Enlightenment philosopher and naturalist to slave master and debaucher of Sally Hemings--a fair enough revisionist correction, if kept in disciplined perspective. Of course, one age's evil is another's routine. Meriwether Lewis, as specimen-collecting naturalist, blasted away at a condor--a barbarous breach of ecological etiquette today. (He missed.) Audubon slaughtered a thousand birds for every one he painted...

Author: /time Magazine | Title: This Land Is Whose Land? | 7/8/2002 | See Source »

...Charles Taylor reclaimed his home town of Arthington, 25 km away, and said they killed more than 120 rebels in towns farther north. The U.N. condemned rebel attempts to take power by force, calling for dialogue and international aid for 44,000 civilians displaced by the fighting. AFGHANISTAN Operation Condor British troops based at Bagram airbase were called into combat for the first time after Australian special forces came under attack in eastern Paktia province. Backed by U.S. airpower, around 1,000 troops swung into action against suspected Taliban fighters close to the border with Pakistan. But there seemed...

Author: /time Magazine | Title: World Watch | 5/19/2002 | See Source »

...letter laid out what many executives knew but no one had the courage to say. Watkins homed in on two sets of transactions called Condor and Raptor (Enron had a penchant for names inspired by Jurassic Park and Star Wars) and argued that the accounting treatment was unsound, if not dishonest. Enron had booked huge profits from these entities while its stock price soared in 2000, despite the fact that neither Condor nor Raptor had any hard assets. But now that Enron's price was dropping, the company had to note these devaluations or pour more money into the companies...

Author: /time Magazine | Title: What Did They Know And...When Did They Know It? | 1/28/2002 | See Source »

...brought along a six-page letter detailing her worries, and Lay promised to have a team of lawyers review the controversial deals. But he decided to use Enron's law firm, Vinson & Elkins, despite Watkins' unease about a conflict of interest. Vinson & Elkins had been paid for work on Condor and Raptor transactions. But Lay went ahead with the review--whose scope he kept strictly limited...

Author: /time Magazine | Title: What Did They Know And...When Did They Know It? | 1/28/2002 | See Source »

...near. On Oct. 15 Vinson & Elkins issued a nine-page report stating that Andersen approved of the Condor and Raptor deals and that Enron had done nothing wrong. On Oct. 16 the company announced a $618 million third-quarter loss and a $1.2 billion reduction in shareholder equity. On Oct. 31 the SEC opened a formal inquiry into Enron. Last week, a Vinson & Elkins spokesman said the law firm was "not in a position to talk about our engagement with Enron or any other client...

Author: /time Magazine | Title: What Did They Know And...When Did They Know It? | 1/28/2002 | See Source »

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