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...when the New Economy, and telecom demand, turned south in 2000, Ebbers' company was caught heavily in debt for a grab bag of telecom companies, many of which were operating pretty much separately and without the efficiencies he had promised. One reason: for all his aw-shucks manner, Ebbers had come to prefer the glamour of dealmaking to the quotidian work of integrating and running a complex business. "At one time we had more than 40 different billing systems," grouses a former high-level WorldCom executive. Ebbers' solution? Keep buying. His latest target was Sprint, but U.S. and European regulators...

Author: /time Magazine | Title: The Rise And Fall Of Bernie Ebbers | 5/13/2002 | See Source »

Given the dogged manner in which his quirky association Réseau Voltaire defends free thought and speech from a host of nefarious threats, Meyssan's unconventional speculation on 9/11 isn't entirely novel. More surprising was the rush of French readers, who had so earnestly commiserated with a wounded America, to get a copy of the tract. French observers say the book's fascination has more to do with the sheer entertainment value of spooky, over-the-top conspiracy scenarios than it does with any blossoming of anti-American paranoia in France. The publisher, Carnot, plans to release...

Author: /time Magazine | Title: Conspiracy Theory | 5/13/2002 | See Source »

...Gore and prominent environmental advocates argue, we should not continue to allow big industries to pollute in such a manner. Instead, the government should put its efforts into ending sulfur dioxide pollution by closing down outdated and dirty power plants. Newer, environment-friendly plants should not be an excuse to allow older plants to continue emitting harmful toxins; rather, low-polluting plants should be the only acceptable type. Government incentives should be given to encourage the construction of new plants and not, as Bush proposes, to act as life-support for obsolete behemoths...

Author: By Daniel E. Fernandez, | Title: Planting a Tree is Not Enough | 5/8/2002 | See Source »

Some things stay. The cartwheeling mind, the august manner--Mailer still has those. The cerebral tough guy who wrote The Armies of the Night and The Executioner's Song works daily on a long novel, though he won't say what it's about. He and his wife Norris Church share a big, brick house in Provincetown, Mass., on the tip of Cape Cod. Lumbering around the kitchen to fix you a tuna sandwich, he explains why Provincetown is a good place to concentrate: "Most of the people we knew up here are dead. We don't have...

Author: /time Magazine | Title: Books by the Buddy System | 5/6/2002 | See Source »

Schiller sits across from Mailer now. A heavyset man with an amiable-anxious manner, he has worked with Mailer on four previous books. "It wasn't an easy road to travel with both our egos," Schiller says. It was Schiller who brought Mailer the interviews that were the seed of Mailer's last indisputably great work, The Executioner's Song, about Gary Gilmore's path to death row. Schiller figures in the book as one of the media carnivores who moved in on the story. Even if you don't count the chapter in which Schiller has diarrhea...

Author: /time Magazine | Title: Books by the Buddy System | 5/6/2002 | See Source »

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