Word: ledgers
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Dates: during 1990-1999
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Tempted, almost certainly, by the brakeless popularity of the syndicated series Hercules: The Legendary Journeys and Xena: Warrior Princess, Fox this week launches Roar (Mondays, 9 p.m. ET), a show about a reluctant prince named Conor (Heath Ledger) who in 400 A.D. fought to save the last remaining Celtic land (what would become Ireland) from the nasty, enslaving Romans. Never mind that the Roman occupation of Britain was already crumbling by then and that it never extended to Ireland in the first place. Historical exactitude isn't something to be expected from a series with a prince who looks like...
WASHINGTON, D.C.: Defense Secretary William Cohen?s Quadrennial Defense Review seems sure to result in cuts on the human side of the ledger in order to keep the Pentagon on the leading edge of military technology, reports TIME?s Mark Thompson. "The Pentagon consensus seems to be that despite the protestations of the Army, a 495,000 active-duty force is simply more than we need. The cuts won't reach as high as the 10 percent being thrown around now, but 20,000 troops could go rather easily." And with troop reductions in recent years far outstripping cuts...
...economy, the focus was usually on Federal Reserve Chairman Alan Greenspan. This year, thanks largely to Greenspan's prudence, the conversation is almost certain to change. As the U.S. rate of inflation idles under 3%, the debate in Washington is shifting back to the fiscal side of the ledger. Enter Treasury Secretary Robert Rubin, first among equals on President Clinton's economic team and one of the few faces in the Administration that Wall Street considers...
Meili, a devout Protestant who believes that God led him to the documents, made off with two large ledger books and pages from a third. He gave them to a Swiss Jewish organization, which then handed them over to the police. Immediately suspended from his job by the private security firm that employed him, Meili is now being investigated for violating bank-secrecy laws. Bank president Robert Studer insists that no Holocaust-related documents were destroyed but admits that the shredding was "clearly a mistake, and we have to take responsibility for it." Studer, whom a Swiss court found...
...Nine companies, including Hearst, the New York Times Co. and the Washington Post Co., are participating in the New Century Network, a project that connects local papers. The privately held Newhouse chain, which owns 26 daily papers, while pouring money into its newsroom operations at New Jersey's Star-Ledger, in Newark, and the Cleveland Plain Dealer, is also giving its online services a push. "What we are trying to do is reinvent the paper to the extent it is necessary to come up with a product that people in the '90s think is valuable and essential," says Star-Ledger...