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...deal marks the end of a sorry chapter in American business history. While high-profile white-collar crime persists, the dramatic criminal cases that were launched just after the dotcom economy fizzled are now mostly completed. The icons of massive, turn-of-the-century corporate fraud--Ken Lay and Jeff Skilling of Enron, Bernie Ebbers of WorldCom, Dennis Kozlowski and Mark Swartz of Tyco--are convicted and, in Lay's case, dead. Even Martha Stewart has served time. And many, if not most, of the cases the feds brought against smaller fish--to help assuage a share-owning public that...

Author: /time Magazine | Title: The One Who Got Away | 8/27/2006 | See Source »

...Fame Becomes Me uses the autobiographical device as an excuse for a demolition of earnest showbiz tell-alls, Broadway-musical clich?s and just about any other media target that it can lay its hands on. Some of it goes by so fast you want to do a quick rewind - Short's buttery impression of Ray Bolger, as an animated fencepost in a spoof of The Wizard of Oz, for example, or the spot-on impressions of Jodie Foster and Ren?e Zellweger announcing the nominees in Marty's Oscar category (he loses, but makes a soused acceptance speech anyway). Some...

Author: /time Magazine | Title: Short and Sweet | 8/25/2006 | See Source »

...life when he boarded a government jet and headed for his newly purchased Dutch Colonial in Westchester County, New York, in January, 2001. He joked about going back to Arkansas and running for City Council. But those around him sensed a most uncharacteristic aimlessness as he contemplated what lay ahead. Interminable days of headlining charity benefits and starring in public service announcements didn't have much appeal. "I don't like bulls--- advocacy," he told aides in private. "I like to keep score...

Author: /time Magazine | Title: Bill Clinton's Second Act | 8/23/2006 | See Source »

...protesters, none were injured. But the volunteer interviewed by TIME produced receipts from the local hospital attesting to his treatment for broken ribs, which he says many others suffered as well. "They treated us like dead dogs," he says. "Some of them scoffed at us as we lay there, saying, 'Where is your God now? Why can't he help you? If you want to go to heaven, we'll help you get there right...

Author: /time Magazine | Title: The War For China's Soul | 8/20/2006 | See Source »

...With the commencement of a tenuous ceasefire on Monday morning, the residents began trickling back to the village, looking with astonishment at the destruction that lay before them - but also with pride at what their fellow villagers had achieved. "There is much destruction," admits Jamil Jamil, 75. "For 10 days, the Israelis tried to get in but they couldn't. They failed and only reached the outskirts. Hizballah is very tough. Those men have their dignity...

Author: /time Magazine | Title: "We Brought the Israelis to Their Knees" | 8/15/2006 | See Source »

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