Word: hooks
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...their computers are, in exchange for partial protection from lawsuits. "The maker of any such statement shall not be liable" for it if the company made an effort to tell the truth, a draft obtained by TIME says. But skeptics argue this lets businesses off the hook. "It's an invitation for sellers to tell their customers a product is Year-2000 compliant when it isn't," says DAVID FRIEDMAN, professor of law and economics at Santa Clara University...
...their computers are, in exchange for partial protection from lawsuits. "The maker of any such statement shall not be liable" for it if the company made an effort to tell the truth, a draft obtained by TIME says. But skeptics argue this lets businesses off the hook. "It's an invitation for sellers to tell their customers a product is Year-2000 compliant when it isn't," says David Friedman, professor of law and economics at Santa Clara University...
Royce Clayton, 60, who has worked at the same exact machine for 23 years, goes fishing in his mind every day. That hook he brings down off the crane, to load the underground elbow of the hydrant onto a machine that bores holes into it, might as well be the hook at the end of a line he drops into Guntersville Lake. No fewer than 256 times a day, every day, he drops his line...
What happened? When did tumescence become a medical necessity, and how did health reform rise from its long slumber to become an issue of burning national interest? Perhaps Viagra was just a media catalyst, the populist hook that finally put managed care back on the front page. Or perhaps the politicians in Washington, searching desperately for emotional issues at a time of peace and prosperity, finally found a point of irritation to which they can apply some soothing legislative balm...
...most likely target is something called a family limited partnership. But also on the hook is what is known as a qualified personal-residence trust. President Clinton has said he wants both curtailed or eliminated, and while he may not get his way, there is no point in betting against him. Kevin Flatley, director of estate planning at BankBoston, advises clients to act by Oct. 1. That's when he expects a tax bill in Congress, and, he notes, "typically, changes like these are effective the date of the proposal." So don't delay on the assumption that you will...