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...combative CEO, Dennis Kozlowski, predicted the breakup would add 50% to the stock price. Going him one better, Don MacDougall of J.P. Morgan Chase said the move would make the stock worth $80 to $90 a share--double the current price. Haven't they heard? Post Enron, any hint of questionable accounting is the functional equivalent of finding asbestos in everything a company makes. So a day that dawned with promise for Kozlowski quickly turned to loss. By week's end Tyco shares were at $45, down 3% from the day before its breakup was announced--and down 24% since...

Author: /time Magazine | Title: Under The Microscope | 2/4/2002 | See Source »

...remains to be seen whether Duncan was covering his own trail (as Andersen declared Wednesday when it fired him and handed the feds his scalp as a peace offering) or just taking an obvious hint from a destruction-policy memo from an Andersen lawyer, which was the story Duncan was telling congressional investigators deep into Wednesday night. But he sure knew enough to go on a shredding-and-deleting rampage that, the firm says, lasted from Oct. 23 to "shortly after" Nov. 9, the day the SEC sent over its subpoena...

Author: /time Magazine | Title: Andersen: The Whistle Not Blown | 1/17/2002 | See Source »

Perhaps taking your hint, HCECP declined to make any moral claim at all. True, the report mentions “Harvard’s obligation to be a good employer,” concluding that this obligation means Harvard must raise its lowest wages to a level between the magic numbers of $10.83 and $11.30 per hour and guarantee that outsourced workers earn as much as their directly-employed counterparts...

Author: By Jason L. Steorts, | Title: Memo to Larry Summers | 1/16/2002 | See Source »

...hopeless,” “nonsense,” on the one hand; “doubtless,” “obvious,” “unquestionable,” on the other, will have the same effect. A hint of nostalgic, antiacademic languor at this stage as well may match the grader’s own mood: “It seems more than obvious to one entangled in the petty quibbles of contemporary Medievalists—at times, indeed, approaching the ludicrous—that smile as we may at its follies...

Author: By An ANONYMOUS Grader, | Title: A Grader's Reply | 1/14/2002 | See Source »

...rose-colored lightbulbs in the stairway. Unfortunately, the exhibition is so concerned with maintaining the minimalist aesthetic of the exterior of the house—only blond wood and titantium frames are used against grey walls in the exhibition—that the small blue floor is the only hint of the fun that the Browns had with their minimalism...

Author: By Christina B. Rosenberger, CRIMSON STAFF WRITER | Title: An Architectural Atlantis | 12/7/2001 | See Source »

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