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ANNALS OF WRETCHED EXCESS...

Author: /time Magazine | Title: Notebook: Jun. 2, 1997 | 6/2/1997 | See Source »

...Stroke Belt, that is), these 153 counties in Georgia and the Carolinas have lower average incomes than the rest of the Belt. Scientists thought there must be a relationship between poverty and stroke mortality, but the study shows that only 5% to 16% of the Belt's excess strokes are due to socio-economic factors. So what's the explanation for the Belt and the Buckle? It's a medical mystery...

Author: /time Magazine | Title: Notebook: May 26, 1997 | 5/26/1997 | See Source »

...Development-USA collateralized the 1994 loan, Barbour was advised of plans to seek overseas funds for the National Policy Forum. Last week the G.O.P. refunded $122,400 in Young Bros. campaign money, conceding its illegal Hong Kong origins. Democrats, smelling blood after months of battering for their fund-raising excess, are urging the return of the full $2.2 million. Most of that loan to the Forum was rerouted to the party to repay past debts and free up cash for the final weeks of the G.O.P.'s 1994 electoral coup. Two years later, Young Bros. was forced to pick...

Author: /time Magazine | Title: PAYBACK TIME? | 5/19/1997 | See Source »

...worry usually thought to be reserved for Rockefellers. Thanks to decades-long booms in stock and real estate values, more people are making the dismal discovery every year, and their shock is compounded when they learn how stiff the tax is. It starts at 37% on amounts in excess of $600,000 and escalates to 41% on amounts over $1 million and 55% on anything over $3 million...

Author: /time Magazine | Title: DEATH AND LOWER TAXES | 5/5/1997 | See Source »

...shareholders so sore? Because, as usual, corporate America has a taste for excess, particularly in the sheer number of stock options being granted. With nearly half the Fortune 500 companies reporting, about 6% granted their CEO at least 1 million stock options last year. (An option gives the holder the right to buy stock at a preset price within a specific period of time, regardless of what happens in the market.) You don't need to take off your socks to figure that a stock gain of merely $1--a slam dunk for any company that is not soundly asleep...

Author: /time Magazine | Title: HOW CEO PAY GOT AWAY | 4/28/1997 | See Source »

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