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...cruised down Wall Street in a F-1 car. Infineon's stock sped out of the starting blocks on March 13, 2000 and hit a high on the Frankfurt exchange of €92.50 in June. Then demand for semiconductors slumped, and Infineon hit a slick of red ink as losses mounted over the next two years. The company's share price has fallen more than 90% to around €7. That boom and bust story - minus the racing car - is true for companies across the semiconductor industry, which has been mired in the worst economic slump in its history. Semiconductors...

Author: /time Magazine | Title: Chips Ahoy! | 5/25/2003 | See Source »

...true predicament of Iran than the leaders of the free world and the best efforts of its free press? Perhaps it means that Marjane Satrapi, the author of the autobiography Persepolis (Jonathan Cape; 153 pages), is not distracted by the contradictions that riddle Iran. In black-and-white ink drawings, she presents the memories of her childhood - the repressive morality police marching the streets, the Iraqi F-14 jets streaking past the window panes, and the parties, intellectual debates and love stories carried on behind closed doors. Most importantly, she carefully records all the tiny ways that average people find...

Author: /time Magazine | Title: Beneath A Drawn Veil | 5/25/2003 | See Source »

...visited his branch, he felt like a walking account number. Tellers rarely greeted him by name, as he had come to expect in Winona, Minn., a town of 27,000 where people tend to know one another. And despite being a longtime customer, he would be fingerprinted with invisible ink when he wanted to make multiple transactions...

Author: /time Magazine | Title: Banking: Big Little Lenders | 5/5/2003 | See Source »

...dividend tax elimination, the president personally leaned on him in a meeting at the White House. "He's back on the reservation," a senior administration aide said afterwards. Grassley did look pale after he emerged from the Bush treatment,? but the color came back quickly. The Iowan helped ink a quiet side deal in early April that limited the size of the tax cut to $350 billion in the Senate and that caused Hastert to fog his glasses...

Author: /time Magazine | Title: Welcome to the Feud | 5/4/2003 | See Source »

Always be willing to pull the trigger and bite the bullet. Opportunities for ass can come anywhere and at any time. You’ll be in the pit, hacking the sack with some hobos, and a slum-honey glory-girl with ink all over her grill will come up to you begging for something erect. It’s your obligation to tell her, “I know I go to Harvard, but this Ivory Tower’s looking for any old hunchback that’ll ring my bell!” Clever shit like that...

Author: By Jacob Rubin, | Title: How To Get Play At Harvard College | 5/1/2003 | See Source »

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