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...maxim in Hollywood that "no one knows anything." Of course, this couldn't be true in non-show business because if it were, what would be the point of listening to heavyweight economists and high-flying financial managers? Surely such people--and their very rich clients--know precisely what they're doing. Surely. But that faith didn't prevent penny-ante investors from enjoying a bit of Emperor's-new-clothes schadenfreude at the near collapse of Long Term Capital Management, the secretive multibillion-dollar hedge fund based in Greenwich, Conn...

Author: /time Magazine | Title: Second Acts | 12/28/1998 | See Source »

...scheduled speech in 1994 for the CCC when he learned who else was speaking and when he realized what the organization stood for. He said "he would never knowingly share the platform with someone affiliated with white supremacist and anti-Semitic organizations" because he "live[s] by the maxim, 'Avoid the very appearance of evil...

Author: By Alan M. Dershowitz, | Title: Barr's 'Real Americans' | 12/9/1998 | See Source »

...maxim in Washington, as elsewhere, is to be careful of what you wish for, since the gods may grant it. For Republicans who sought a full-blown impeachment process, the problem is figuring out how to retreat now that voters have made clear how unpopular that crusade is. The post-Gingrich turmoil in the G.O.P. House leadership has created a vacuum on the issue. For Judiciary Committee chairman Henry Hyde, who wants to bring things to the fastest possible conclusion, that represents an opportunity to act with a minimum of interference from diehards who still want Clinton's head. There...

Author: /time Magazine | Title: Engineer, Stop This Train | 11/16/1998 | See Source »

...postseason is a magnification of the web of lesser dramas woven within the first 162 games. Each of these highlights illustrates Yogi Berra's timeless maxim, "It ain't over 'til it's over." True, the Red Sox surrendered Game Six in '86 to the Mets with none on and two out in the bottom of the tenth. This still cannot match the bewildering denouement of the Sox' home opener this year, when the Mariners breezed to a 7-2 lead after eight, then failed to record another out as seven Townies scored in the ninth...

Author: By Richard B. Tenorio, | Title: R2-D2 | 10/6/1998 | See Source »

...real New Year's treat, you may want to consider a seat on a bateau-mouche, one of the many boats that cruise the Seine serving up romantic dinners and gorgeous views. Or try to reserve a table at Maxim's, where diners can enjoy a night of dancing with a live orchestra. Warning: a taste of the good life on this particular night could set you back $1,000--and that's before you figure in the hotel bill...

Author: /time Magazine | Title: Where Will You Be...December 31, 1999? | 10/5/1998 | See Source »

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