Word: kenneths
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Your cartoon strip poking fun at the shenanigans of Washington officials [CARTOON, Feb. 11] was funny, very funny! Mad magazine couldn't have skewered the energy-policy meetings between Dick Cheney and Enron CEO Kenneth Lay any better! And thanks for including the Puritan-throwback Attorney General John Ashcroft for his unbelievable decision to cover up the breasts of an innocent statue! JEAN P. FORRESTER Rochester Hills, Mich...
...Enron watchers who feared things might be getting stale, last week brought fresh material for outrage. Although whistle blower Sherron Watkins testified in Congress that she believed former CEO Kenneth Lay was "duped" by underlings about accounting abuses, a trove of newly released exchanges shows just how chummy Lay was with George W. Bush in his days as Texas Governor. In one note Bush teases Lay about getting older; in another Lay scribbles that he's "so proud" of the Governor and his wife. Beyond the niceties, Lay repeatedly seeks Bush's support for legislation that would benefit Enron...
...UNIVERSITY OF HOUSTON Kenneth Lay, his family foundation and Enron have donated $5.2 million since 1982. The school has given out Enron Teaching Excellence Awards since...
Rather than starting new magazines, investment banker Hale predicts, most publishers will rework existing titles. TIME has introduced this Generations section for its mature readers. The January issue of Esquire offered interviews with such sages as John Kenneth Galbraith, 93, and Chuck Berry, 75. But not everything will change. Many magazines find it hard to "move off the DNA" that sets their fundamental tone, says Hale. That's why you may never see tips on hearing-aid fashion in Vogue...
...latest official stat on irrecoverable loans is $135 billion, though nobody has ever trusted that figure: the only sure thing was that the mountain of bad loans from the bubble period, troubling enough at the time, has grown exponentially with bankruptcies and the decline in the stock market. Kenneth Courtis, vice chairman of Goldman Sachs in Tokyo, describes "Himalayas of debt crashing down on the economy." In January, Yoichi Masuzoe, a parliament member from the ruling LDP, gave voice to many unspoken fears when he pronounced, "By the end of March we will have a financial crisis - that...