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...evening of Wednesday, June 13, Jack Welch, CEO of General Electric, retreated to his room at the Conrad Hilton hotel in Brussels and wrestled with an unfamiliar feeling--one of impending defeat. Just eight months before, he had, it seemed, pulled off a stunning coup. Welch had always coveted Honeywell International, whose business making advanced electronics for the aviation industry, he thought, made a perfect fit with GE, one of three leading global manufacturers of airplane engines. In October 2000, during a visit to the New York Stock Exchange, he had learned that United Technologies Corp.--whose Pratt & Whitney division...

Author: /time Magazine | Title: How Jack Fell Down | 7/16/2001 | See Source »

...Clarence A. Wills took his quiet pig-tailed daughter to a sunny tennis court in Berkeley, Cal., and handed her a racquet which she swung at first like a nightstick. She missed the first ball. She changed her grip and hit the next one. Within a month she could defeat her father... Masculinity characterizes the Wills game. No woman hits a ball so hard. Whenever she can she practices with a man because "it is the best training, the men are naturally more strong, though not always so deft." Her training is strictly a personal matter. She dislikes to think...

Author: /time Magazine | Title: 72 Years Ago In TIME | 7/16/2001 | See Source »

Still smarting from his defeat in Brussels, Jack Welch nonetheless showed good humor and little bitterness as he spoke last Friday with TIME writers and editors...

Author: /time Magazine | Title: Jack Welch Interview: The Prosecutor Is Also The Judge | 7/16/2001 | See Source »

...Democrats cried foul. "They get 22 shots at our bill and none at theirs," Gephardt told me Thursday morning. Knowing they probably couldn't survive the fusillade, Gephardt mobilized to defeat the "rule," which governed floor activity. He could count on practically all Democrats supporting a procedural vote the party's leadership wanted. But to win, some Republicans had to be convinced to defy their Speaker, a heresy Hastert wouldn't forget. McCain dialed up the pressure. At one point he hauled seven GOP congressmen into Gephardt's Capitol office and, looking each one in the eye, asked if they...

Author: /time Magazine | Title: Why McCain and Gephardt Need Campaign Finance Reform | 7/16/2001 | See Source »

...kill as many of those bastards as possible." In the Japanese subtitles, the line is almost laughably stilted: "I myself would choose a tasty target." In the closing voice-over of the original version, Kate Beckinsale, playing a nurse, says: "Before Doolittle's raid, Americans knew nothing but defeat; after it, nothing but victory." For Japan, the statement was deemed overly cocky and has been toned down: "... after it, there was hope of victory." Soldiers in various scenes call their enemies "Jap suckers" and "dirty Japs." In Japan, they're just "Japs." ("We can't change that," Sano shrugs. "That...

Author: /time Magazine | Title: Make Love Not War | 7/11/2001 | See Source »

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