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...automated equipment in emergency rooms or manufacturing plants could malfunction - to name some worst-case scenarios. There's also the worry of cascading failures. "Changing the time zone in some applications might throw others out of whack," says Ben Kus, senior technology director at BigFix, a computer management firm. Even if fears of Y2K hysteria are overblown, analysts say, many offices will be nettled by out-of-synch e-mail and Microsoft Outlook calendars - in other words, a lot of missed meetings. Rich Kaplan, Microsoft's vice president of customer service says the change will amount to little more than...
...Fergusson and Lee are entering their final year as members of the board and have a long history of working together. Most recently, the pair served as two of the three overseers on the nine-member presidential search committee. Lee, a co-managing partner of the law firm WilmerHale, said that during the search the pair developed valuable relationships with each other and members of the Harvard Corporation, the University’s top governing body. Most importantly, Lee said that the search enabled Fergusson and him to build a relationship with President-elect Drew G. Faust and understand...
...said, including eight Wall Street professionals, two broker-dealers and three hedge funds, including Lyford Cay, a Bear Stearns limited partnership. The SEC complaint alleges that eight Wall Street professionals, including a UBS research executive and a Morgan Stanley attorney, two broker-dealers and a day-trading firm participated in the scheme. The defendants also include three hedge funds, which were the biggest beneficiaries of the alleged fraud...
...briefly unveiling capital controls and proposing limits on foreign businesses in Thailand. At the same time, it has been promoting a poorly understood economic model called the "sufficiency theory." (Last week, Finance Minister Pridiyathorn Devakula quit his post, citing divisions within the government on economic policy.) Nor has any firm date been set for Thailand's next elections, an indication of whether democracy will return to the country. And though alleged corruption by Thaksin was one of the reasons the junta gave for moving tanks onto the streets, the process of bringing charges against the former P.M. through an investigation...
...phone service aimed at kids ages 8 to 12 is minuscule, with a wireless-market penetration of only about 25%. That's partly by design. "They want to avoid looking like Joe Camel and preying on children," says Roger Entner, a Boston-based wireless analyst with the Ovum research firm. "So they haven't done much more in this area other than create family plans...