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Phil Anschutz, the billionaire founder and former chairman of Qwest Communications, could be the next corporate chieftain forced into the congressional spotlight on boardroom greed. Anschutz has thus far avoided a hearing by privately convincing investigators he had no role in his company's day-to-day operations--including deals in which the Denver telephone company allegedly booked phantom revenue. But Qwest's ex-CEO Joseph Nacchio, in little-noticed testimony last week before the House Energy and Commerce Committee, said he had consulted Anschutz on all major decisions. Now committee staff members plan to question Anschutz again...

Author: /time Magazine | Title: Next Up: The $2 Billion Man | 10/14/2002 | See Source »

...With Nussle's pollsters claiming he has more than 50% of the vote, Hutchinson needs to move the debate quickly to an area in which the G.O.P. is weakest: corporate greed's role in the faltering economy. But she is on her second D.C.-imported campaign manager in three months and is plainly uncomfortable with the negative campaign ads Washington is producing for her. "It's not Iowa," she says. Last week, while Nussle was voting to support the use of force in Iraq, Hutchinson was in between campaign stops, in Dubuque on the phone, begging for money...

Author: /time Magazine | Title: Iowa House Race: Dialing for Dollars | 10/14/2002 | See Source »

...play movie producer. Which of these film treatments would get your green light? greed and naiveté. Born poor and with a bad attitude, his first act is to stick his tongue out at the world, and the price he pays is shocking: his nose grows with every lie, his feet are burned off, he is chained like a dog and even hanged. But the boy sure can dish it out: when a moralizing cricket gets in his face, boy squashes...

Author: /time Magazine | Title: A Tale Of Two Pinocchios | 10/13/2002 | See Source »

...play movie producer. Which of these film treatments would get your green light? greed and naiveté. Born poor and with a bad attitude, his first act is to stick his tongue out at the world, and the price he pays is shocking: his nose grows with every lie, his feet are burned off, he is chained like a dog and even hanged. But the boy sure can dish it out: when a moralizing cricket gets in his face, boy squashes...

Author: /time Magazine | Title: A Tale Of Two Pinocchios | 10/13/2002 | See Source »

...promise of collective litigation may not be fully realized if hindered by public backlash to individual litigation. The public will be rightfully indignant over the absurd size of the award and the greed that clearly motivates many plaintiffs. In an already litigious society, these cases will be associated with the same kind of shameless opportunism behind, for example, the farcical McDonald’s suit this year that blames the company for a customer’s obesity...

Author: By Blake Jennelle, | Title: Tobacco Wins When It Loses | 10/9/2002 | See Source »

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