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Maybe it all comes down to rules. Outside the Olympic Village's tidy confines, there don't seem to be any lately. Suddenly, civilians are targets in war. Suddenly, the job of an accountant is not to total up a client's profits but to hide its losses. Suddenly, advances in technology seem to lead to economic setbacks. But not at the Olympics. The rules still count there, even when they are broken or mislaid, as in the figure-skating meltdown. It wasn't a puzzle, this miscarriage of justice--the world saw it clearly and almost simultaneously. One could...

Author: /time Magazine | Title: Ah, Certainty! | 2/25/2002 | See Source »

...Games-related scandals, moot. Slimy and underhanded representatives of prestige-crazed nations the world over are ecstatic. "I salute the Olympic Committee for at long last granting chicanery its rightful place in amateur athletics," stated one behind-the-scenes manipulator, using a false identity. "No longer must we hide our handiwork in the shadows, only to be hauled before this or that tribunal for the simple crime of getting caught...

Author: /time Magazine | Title: Faster, Higher, Sleazier | 2/25/2002 | See Source »

...stock market was a safer place to hide last year, when the S&P 500 fell 12%. But private equity has outperformed publicly traded stocks for the past three years, with an average annual return of 16.9% vs. 2.4% for the S&P 500; 10 years, 18.8% vs. 11.9%; and 20 years, 16.9% vs. 12.9%, Thomson Financial reports. Last year's losses, though, have been the focus. New cash flowing into private equity fell 43% last year. "A lot of people are still running," notes Stanley Pantowich, CEO of New York City-based TAG Associates. "I think it's time...

Author: /time Magazine | Title: Managing VIP Money | 2/25/2002 | See Source »

...must be protected to ensure that the administration receives “unvarnished advice” from energy execs, their self-interest in energy policy gives that advice an unacceptable varnish from the start. Bush’s evasiveness only makes it seem as if he has something to hide...

Author: By Stephen W. Stromberg, | Title: Hide-and-Go-Stall | 2/22/2002 | See Source »

...love?Lovers' Organization for Voluntary Exhibition?to the Calcutta Municipal Corporation where they "will organize a romance protest by kissing and embracing outside the building." This threat, surprisingly, has yet to bring the Indian government to its knees, meaning that romantics on the subcontinent will still have to hide their love away...

Author: /time Magazine | Title: Starting Time | 2/18/2002 | See Source »

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