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...raise children who are healthy?emotionally, socially, spiritually and, yes, sexually. I have been waiting for a special issue on how America's trash culture is destroying the next generation of our children. Perhaps it is too late for that, as it seems parents have condoned and normalized lust, greed, infidelity, gore, violence, perversion and all kinds of addictions. When I hear that it is up to parents to protect their kids, I laugh at the impossibility of that happening in a culture in which every media source is replete with vulgarity, suggestive images, sex and violence. Mary Ann Sementelli...

Author: /time Magazine | Title: Letters | 2/9/2004 | See Source »

What CIA analysts imagined to be dispositive evidence of Saddam's nuclear ambitions turned out, in Kay's judgment, to be proof of plain, old-fashioned greed. For months the Administration claimed that finely machined aluminum tubes, imported with ever higher tolerances--that is, precision in their specifications--were part of a campaign to produce gas centrifuges for the production of weapons-grade nuclear fuel. But after examining the tubes and talking to the scientists who procured and used them, Kay became convinced that the increasing tolerances were to meet not technical requirements but financial ones. The ever changing tolerances...

Author: /time Magazine | Title: So Much For The WMD | 2/9/2004 | See Source »

...emerging as a corporate morality play, Breen (the good) has set out to methodically reform the Tyco that Kozlowski (the bad) left in disarray. To Wall Street's approval, Breen, formerly president of Motorola, is having considerable success at a company that under Kozlowski had come to represent corporate greed. Tyco's share price has more than tripled, from a low of $8.21 when Breen took over in July 2002. The mountainous debt Kozlowski amassed is steadily being paid down. Tyco is heading back into solid profitability this year, having lost money in 2002 and narrowly avoiding another loss last...

Author: /time Magazine | Title: Can This Man Save Tyco? | 2/9/2004 | See Source »

TYCO TRIAGE Ed Breen is trying to revive a company that had come to symbolize corporate greed...

Author: /time Magazine | Title: Table of Contents: Feb. 9, 2004 | 2/9/2004 | See Source »

...about offshore holdings, including the way they are accounted for (or not) on the books. In the U.S., John Kerry, the front runner in the race to become the Democrats' candidate for President, is promising that, if elected, he'll introduce legislation to eliminate Bermuda's offshore "creed of greed" within 500 days of taking office. "Corporate Benedict Arnolds" must return to the U.S., he says. Much of the offshore money is legitimate, but it's certainly a tempting political target. The U.S. alone estimates that it loses between $54 billion and $70 billion in tax revenues to tax havens...

Author: /time Magazine | Title: The Storm Over Tax Havens | 2/8/2004 | See Source »

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