Word: giante
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...style more than substance that distinguishes Dean Democracy from its predecessors--cyberstyle. When the Supreme Court upheld the McCain-Feingold campaign-finance-reform law last week, it was a ratification of New-New fund-raising practices. Soft money--that is, giant corporate contributions to political parties--is out; giant personal contributions to nonparty activist organizations like MoveOn.org are in. "The irony is, the Democratic National Committee could use soft money to run positive ads about our candidates," a prominent Democrat told me last week. "The law says MoveOn.org isn't allowed to promote individual candidates. They're limited to informational...
...Milk Turns Sour Italian dairy giant Parmalat teetered on the brink of insolvency as prosecutors opened an investigation into a €4 billion hole in its accounts. Authorities seeking evidence of fraud raided the office of a Parmalat subsidiary's auditors...
...true lord of these Rings. The New Zealand auteur spent seven years on the trilogy, collaborating on the scripts with Fran Walsh and Philippa Boyens. He chose and directed this perfect cast, orchestrated the smashing visual effects--Tolkien's bestiary on the march in fantastical realms. In Return, the giant trolls, four-tusked elephants and flying, screeching serpents of Mordor will amaze adults and may startle small children. The spider monster Shelob, creeping up on Frodo and mummifying him in a silken straitjacket, offers a delicious horror-movie frisson...
...system of cross-shareholding, under which giant banks and conglomerates own huge chunks of one another's shares, is breaking down, leading to greater outside ownership. That makes it easier for investors to put pressure on underperforming managers...
Almost every airline and hotel chain touts a loyalty card. Taking that concept a giant step forward, Thailand's Prime Minister Thaksin Shinawatra is offering jet-setters memberships in a card scheme where benefits can be had across the entire country...