Word: dutchness
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...wouldn't know that, of course, by looking at the company's balance sheet, which makes Donaldson's job all the more challenging. Last week, just as he was nursing a deal to sell Aetna's financial-services and international units to Dutch firm ING Group for as much as $9 billion, Aetna was being sued for taking its sweet time paying bills to a number of New York hospitals. (Aetna says it is hopeful they can resolve the issue through negotiations.) There are also restless shareholders, who watched the stock fall nearly 60% in the past year before...
Less atavistic but in its way more chilling is Dutch export Big Brother (making its debut July 6, 8 p.m. E.T.), which turns its participants into an ant farm. Stuck in an 1,800-sq.-ft. house with cameras everywhere (yes, including the bathroom), they'll be on TV five nights a week--and on the Internet 24/7. They'll also be whittled off, by an audience vote, one at a time until a winner claims...
...though many varieties of and ideas about video art exist, the moving image has only a narrow foothold in most art museums. So, when I stepped inside the Institute of Contemporary Art, I was interested and excited to see the museum filled to the brim with moving images, including Dutch artist Marijke van Warmerdam's 7 Thoughts, a series of projected film loops, and an international sampling of video art from the 1999 Venice Biennale...
...companies traded on stock markets merge, the merging of market trading systems themselves are yet another symptom of globalization. "Ever since you've had the move toward a single currency in Europe, there's been pressure from institutional investors for a Europe-wide trading system," says Hornik. "Previously, a Dutch pension fund, for example, was legally bound to keep the bulk of its investments in the same currency as its liabilities, i.e., Dutch guilders. The euro made it possible for them to invest across borders, which has been an inefficient and costly process as long as each country maintains...
Back in Holland, the Maharishi has been in a prolonged legal battle with the Dutch government over a plan to tear down the brick-and-stone monastery, a national landmark, and replace it with a building that has an entrance facing east, like his residence. "We think it's better to renovate than tear down," says Gos Saes, a spokesman for Vlodrop's mayor. A court decision is expected in May, and if the Maharishi loses, many followers will decamp to other centers in the U.S. or Switzerland. He says he will stay, however, because, says one disciple, he considers...