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...what's happening now is no replay of '80s America, Wright insists. That era was marked by hostile bids and huge, massively leveraged deals often financed with high-risk, low-investment-grade junk bonds. Today's deals are rarely hostile, and debt levels are more manageable. Today's mantra is "buy and build." Once a company has been taken private, the idea is to build it up via acquisitions. Banks are often willing to lend to newly private companies, says Steve Russell, HSBC Investment Bank's British strategist, "because they expect the equity funds will keep them fiscally disciplined...

Author: /time Magazine | Title: The Lure Of Privacy | 10/23/2000 | See Source »

...bill allowing patients to sue HMOs, when he actually fought it. But when he's not falsely claiming credit, he is glossing over the details of what it would really take to deliver love - say, in the form of prescription drugs - to ordinary Americans. He seeks refuge in the mantra, "I trust the people, not the government...

Author: /time Magazine | Title: What's Love Got to Do with It? | 10/21/2000 | See Source »

...Bush has become so smooth with the Oprah language of caring (against Gore's tin ear for it) that he got the biggest applause of the night on David Letterman last Thursday when he repeated the "trust" mantra. Indeed, when Gore in the debate brought up the Dingell-Norwood bill, a bipartisan effort to solve the HMO problem, he might as well have pulled a shiny chrome instrument out of his back pocket and performed an invasive procedure on one of the Undecideds. In the face of details, Bush seeks refuge in his own good intentions, expressed in a warm...

Author: /time Magazine | Title: What's Love Got to Do with It? | 10/21/2000 | See Source »

Punk-ska lives! Although their sound was threatened with being lost in the doom, gloom and anger of alternative-rock, the Chicago band Mest scored a summer hit with "What's the Dillio?" However, the catchiness of the song also brought about a significant backlash, as the mantra of "What's the Dillio?" constantly spilling from the radio made the band seem inane and ultimately very lame...

Author: By Arts Staff, CRIMSON STAFF WRITER | Title: New Albums | 10/20/2000 | See Source »

...Cheney and Lieberman on the issue of gay marriage. On gun control, the differences were less stark: Gore favoring licensing but vowing to keep his hands off "hunters? and sportsmen?s rifles." Bush held up pretty well, pushing for stricter enforcement of current laws and returning again to his mantra of local control, implicating Gore as the defender of big, intrusive government...

Author: /time Magazine | Title: Round 2: In Which Bush and Gore Sit Down for a Nice, Civilized Chat | 10/12/2000 | See Source »

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