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Winning over Wall Street will require a prolonged process of--pick your noun--either education or spin. Music-business executive Danny Goldberg, a former head of Warner Bros. records, says the merger both "validates the Internet and validates the value of content." But it also forces the invention of a new currency to reflect it; as the AOL and TWX stock prices yo-yoed up and down last week, it was clear that investors had no idea how to put a price tag on something that was neither an Internet highflyer nor an old-economy cash-flow locomotive. AOL lost...

Author: /time Magazine | Title: AOL-Time Warner Merger: Happily Ever After? | 1/24/2000 | See Source »

NAME: Jeffrey ("Boob") Toobin OCCUPATION: scandal chronicler BEST PUNCH: In A Vast Conspiracy, his new book about the Lewinsky affair, Toobin writes that Goldberg once bragged about sleeping with President Lyndon Johnson...

Author: /time Magazine | Title: People: Jan. 24, 2000 | 1/24/2000 | See Source »

NAME: Lucianne ("Babe") Goldberg OCCUPATION: scandal catalyst BEST PUNCH: Calling Toobin's allegations untrue, the woman who encouraged Linda Tripp to tape presidential consort Monica Lewinsky is threatening a libel suit...

Author: /time Magazine | Title: People: Jan. 24, 2000 | 1/24/2000 | See Source »

...book offers up strong opinions about the key players, some expected (book agent Lucianne Goldberg is Mephistophelian), some not (much lampooned Lewinsky lawyer William Ginsburg didn't do too badly). But as a former prosecutor, Toobin reserves his greatest scorn for Kenneth Starr, whom he portrays as unqualified, unprincipled, politically biased and lacking in common sense. Toobin's thesis is that the real vast conspiracy wasn't the right-wing one Hillary famously charged was behind the scandal, but a more subtle attempt by the legal system to circumvent the political process through an "after the fact election." That...

Author: /time Magazine | Title: Books: Starr Wars | 1/24/2000 | See Source »

...universal health care. According to the National Enquirer, Tripp, tired of being a national punch line, visited Beverly Hills, Calif., surgeon Geoffrey Keyes, who resculpted her nose, removed the bags from under her eyes and sucked fat from her neck, chin and other parts. "It's amazing," marveled Lucianne Goldberg to the New York Post. "It looks like she's had a head transplant." Almost. Meanwhile, Tripp dyed her hair and shed 40 lbs. through diet and exercise, and she's trying to drop 20 more. Perhaps she should phone old pal Monica Lewinsky, who recently lost...

Author: /time Magazine | Title: People: Jan. 1, 2000 | 1/1/2000 | See Source »

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