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Tougher disclosure laws in countries like France and Germany would go a long way toward easing public suspicion of stock-option grants. It would also bring those countries closer to the more transparent corporate practices of the U.S.--a prospect, admittedly, at which many Europeans still bristle. As the equity...

Author: /time Magazine | Title: Get Rich Quick! | 5/8/2000 | See Source »

Wim Duisenberg, head of the European Central Bank and monetary lord of the Continent, is not a happy man. The euro, the newfangled currency he has been charged with shepherding since its New Year 1999 debut, is down 23 percent, and on Monday finance ministers from the 11 euro-zone...

Author: /time Magazine | Title: Why the Euro's Handlers Are Watching Greenspan | 5/8/2000 | See Source »

Don't open that love letter! ILOVEYOU, a computer virus spread by e-mail messages, has been wreaking havoc in Asian, European and American companies since early Thursday morning. Although its effects are expected to be short-lived, the virus is raising questions about the effectiveness of so-called "firewalls...

Author: /time Magazine | Title: 'Melissa' May Have Built a False Sense of Security | 5/4/2000 | See Source »

The Frankfurt market's Xetra trading system is the real success story of the merger. "Ten years ago, you'd have been laughed out of the room for suggesting that London and Frankfurt could merge as equals," says Hornik. "At that time, the German bourse amounted to nothing. But they...

Author: /time Magazine | Title: The Bug That Spurred a Stock Market Merger | 5/3/2000 | See Source »

Until just a few decades ago, land was winning. By the time of the Louisiana Purchase, the Gulf had retreated some 60 miles (100 km) south of New Orleans. The Mississippi's immense burden of flaked-off topsoil (originating mainly from its big western tributary, the Missouri) overmatched the rising...

Author: /time Magazine | Title: Unleash the Rivers | 4/26/2000 | See Source »

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