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...arms together over a mahogany conference table. "When you're a publicly traded company, your responsibility is to shareholders, employees, advertisers. It didn't matter if I was going to enjoy this deal or not. We didn't need this deal. CBS was a great company with terrific cash flow without Viacom." And Viacom, as company CEO Sumner Redstone will tell you, was doing just fine on its own, with $12.1 billion in 1998 revenue. The spry Redstone, 76, might also point out to you--and you too, Mel--that he will still hold...

Author: /time Magazine | Title: The CBS-Viacom Merger: A Media Giant Pops Up | 9/20/1999 | See Source »

...student asked about the effect of refugee flow on Tanzanian economics and development, pointing out that many of its neighboring countries are engaged in war. Mkapa replied that there was a special need to press for peace in the region and said that UN support was needed to monitor the process...

Author: By Vasugi V. Ganeshananthan, CRIMSON STAFF WRITER | Title: Tanzanian President Urges Increased Aid, Better Schooling | 9/17/1999 | See Source »

...cancerous flaw in our political system, as it debates the Shays-Meehan and McCain-Feingold campaign finance reform bills. As of late last night, several dangerous amendments to the House bill had been killed, and the bill appeared to be headed towards passage. As unregulated donations continue to flow into party coffers for the 2000 elections, it is vital that the members of Congress resist the obstructionist tactics of the GOP leadership and prevent the political process from becoming a system of legalized bribery...

Author: By The CRIMSON Staff, THE HOUSE MOVES ON NEW CAMPAIGN LAWS; NOW THE SENATE MUST ACT | Title: For Cleaner Elections | 9/15/1999 | See Source »

...when corporations were first prohibited from giving money to candidates. Post-Watergate reforms attempted to place hard dollar limits and disclosure requirements on how much corporations or political-action committees could contribute to individual campaigns. But a loophole in the reform laws allowed unregulated, unlimited "soft money" donations to flow into political parties, where it was then effectively used to support individual candidates...

Author: By The CRIMSON Staff, THE HOUSE MOVES ON NEW CAMPAIGN LAWS; NOW THE SENATE MUST ACT | Title: For Cleaner Elections | 9/15/1999 | See Source »

...constant flow of cash into the political system, and the accompanying exchange of favors, influence, and access, reduces the political importance of those who cannot afford large donations and makes a mockery of the principle of "one man, one vote." Special interests would not give so much money if they did not feel they received benefits in return; companies in various industries, from tobacco to gambling to oil and mining interests, have received favorable treatment from legislators following their campaign donations...

Author: By The CRIMSON Staff, THE HOUSE MOVES ON NEW CAMPAIGN LAWS; NOW THE SENATE MUST ACT | Title: For Cleaner Elections | 9/15/1999 | See Source »

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