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...some great historic moment just explode in the Millennium Dome? If so, someone neglected to inform the "living faces" that preside unchallenged over the loneliest island community in the world (in the same time zone, though hardly the same century, as New York City). On New Year's Eve, grass-skirted dancers perform under fireworks in front of the ancestral figures; but come New Year's Day, all is just eerie midsummer stillness again, the only sound the wind whistling in your ears. It may be that something tumultuous happened to your laptop, or that ATM down the road...

Author: /time Magazine | Title: Who Are You in the New Millennium? | 1/1/2000 | See Source »

...enjoying record profits, the nation's second largest drugstore chain is saddled with billions of dollars in debt and caught in the crosshairs of an SEC investigation into its questionable accounting practices. For months the bad news has been relentless: In mid-October the board forced out CEO Martin Grass and announced that pretax profits for the past three years would be revised downward by $500 million. Then just before Thanksgiving, the chain's longtime auditor, KPMG, bolted after refusing to re-examine its client's books. Says Edward Comeau, an analyst at Donaldson, Lufkin & Jenrette: "This was a house...

Author: /time Magazine | Title: The Rite Remedy | 12/20/1999 | See Source »

Still, Miller inherits a case study in the perils of trying too hard to please today's growth-hungry stock market. As the drugstore industry has consolidated into a few dominant national chains, Martin Grass (son of Rite Aid founder Alex Grass) nearly doubled the number of outlets, buying independents and refashioning smaller locations into 10,000-sq.-ft. convenience stores. That kind of real estate doesn't come cheap. In 1996, Grass shelled out $1.4 billion for a thousand Thrifty PayLess drugstores on the West Coast. Then a year ago, he spent $1.5 billion on PCS Health Systems...

Author: /time Magazine | Title: The Rite Remedy | 12/20/1999 | See Source »

...concerned that the grass on our side of the fence be as green as we can make it" Knowles said...

Author: By Tova A. Serkin, CRIMSON STAFF WRITER | Title: Faculty Council Meets | 12/16/1999 | See Source »

...what I find most questionable in Grass's interpretation of history is the very old and very false notion that our current problems are the legacy of the Enlightenment, that they are the fault of "cold reason," and that somehow the program of the Enlightenment has proven a failure. We've heard this before, from Romantics like Goethe and Blake and even from contemporaries of the Enlightenment like Rousseau. We've heard it from the extreme right (from Goebbels, for instance, and from Heidegger, who championed Nazism) and from the left (from Sartre and neo-Marxists like Adorno and Habermas...

Author: By Alejandro Jenkins, | Title: In the Cold Light of Reason | 12/15/1999 | See Source »

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