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...early as 1993, according to evidence given to magistrates in Parma, Parmalat allegedly began to play fast and loose with its balance sheet. Starting in 1992, the group began buying up dairy and other companies in Italy, Brazil, Argentina, Hungary and the U.S. "It was a reversal of logic," says Vito Zincani, the chief investigating magistrate in Parma. Usually, companies take on debt in order to grow. But in Parmalat's case, "they had to grow to hide the debt," Zincani says...

Author: /time Magazine | Title: How It Went Sour | 12/17/2004 | See Source »

...extremely concerned about the safety of himself and his buddies." Rumsfeld compounded the gaffe by adding that "you can have all the armor in the world in a tank, and a tank can be blown up." On Capitol Hill, Democrats ripped Rumsfeld for his insensitivity. "By that logic," says Delaware Senator Joseph Biden, "we should send our troops into battle on bicycles...

Author: /time Magazine | Title: How Safe Are Our Troops? | 12/17/2004 | See Source »

It has been said that picking the right college can be as crucial to future success and happiness as picking the right mate. That's essentially the logic behind Destination-U.com a new online search service for college-bound students. It was developed by Greg Waldorf, a venture capitalist who is on the board of matchmaking service eHarmony.com and his mother Toby, who for 15 years has been privately advising high schoolers on applying to college. "The recommendations we give are quite personalized--similar to what I do in the office with clients," says Toby...

Author: /time Magazine | Title: Technology: Surfing To Campus | 12/17/2004 | See Source »

...inconvenience of an additional checkbox on the termbill. I trust that the council will be sensible enough to keep rare the opt-options on the termbill, and if it isn’t sensible (admittedly a distinct possibility), we can always vote ’em out. And failed logic against HRL would have one believe that since every opt-out-option for every possible objecting group is not structurally possible, it is not fair to allow only one or a few groups to opt-out. But change is incremental, and it seems reasonable to me that if vegans found...

Author: By Christopher J. Catizone, | Title: Opting In for Opting Out | 12/17/2004 | See Source »

...President Catherine C. Roche ’06 recently told The Crimson: “I don’t feel that people should have to spend their hard earned money on something that they oppose.” But if the University were to follow that logic, students would be allowed to opt out of myriad policies with which they feel moral conflict. Those against modern medical practices could opt out of the health services fee entirely. Vegetarian students would be allowed to abstain from portions of their meal plan fees, ensuring that their hard earned dollars were...

Author: By The Crimson Staff, | Title: Choosing to Fund Choice | 12/13/2004 | See Source »

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