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...disputes that most of America's old, integrated mills--the ones that make steel from iron ore in huge blast furnaces--are ailing badly. In 1998, amid a financial crisis that dampened Asia's demand for steel, exports from that region flooded the U.S. and drove prices to 20-year lows. Thirty U.S. steelmakers have filed for bankruptcy protection in the past five years, including icons such as LTV and Bethlehem Steel. With a strong dollar still favoring imports and a global recession crimping demand, the U.S. firms staying afloat say their position is precarious. The most efficient and profitable...

Author: /time Magazine | Title: Protectionism: Steeling Jobs | 2/25/2002 | See Source »

...pick a favorite foreigner it would be Janica Kostelic, whose story might be the most compelling of the Games. She and her brother, who also competed here, grew up poor in Zagreb when it was part of Yugoslavia. Their dad drove them to the hill when he could. They became champions, but Janica's career was constantly interrupted by injury; she's had three knee surgeries in the past few years. She came in here hoping for perhaps one medal, any shade. She left with four, three of them gold. No skier had ever won so many and no woman...

Author: /time Magazine | Title: The Message of These Games | 2/24/2002 | See Source »

...with disposable incomes and two left feet—which would seem to make Harvard students a prime target demographic. But Darrin fans on campus are hard to find, mainly because Darrin doesn’t really deliver the goods. Fatima K. Ahmad ’04, who test-drove her roommate’s copy of the tape, calls it “pretty funny” but was disappointed with the selection. Henson only teaches the consumer how to dance to the choruses of the songs featured in his ads, leaving the slow-footed to improvise the rest...

Author: By M. S. Pedroza, CRIMSON STAFF WRITER | Title: Crappy Product Alert | 2/21/2002 | See Source »

...incentive to win the Olympic championship in front of North American fans is what drove U.S. defenseman Angela Ruggiero ’02-’04 to take not just one, but two years off from Harvard—a move that meant most of her classmates will have graduated when she returns...

Author: By David R. De remer, CRIMSON STAFF WRITER | Title: Crimson Gold: U.S., Canada in Title Game | 2/21/2002 | See Source »

...company's fat days, Fastow earned a reputation as a money wizard who constructed the complex financial vehicles that Enron drove on the road to explosive growth. Skilling wanted an "asset-light" company that could rapidly exploit deregulating markets for energy, water, broadband capacity and anything else that could be traded. So beginning in 1993, Fastow created hundreds of "special-purpose entities" designed to transfer Enron's debt to an outside company and get it off the books--without giving up control of the assets that stood behind the debt...

Author: /time Magazine | Title: Speak No Evil | 2/18/2002 | See Source »

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