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...last Wednesday's board meeting, Viacom directors instructed the two to resolve their differences. Viacom issued a statement on Karmazin's contract, saying that "Mr. Redstone and Mr. Karmazin do not plan to address the issue any sooner than...
HAPPY BIRTHDAY, MR. PRESIDENT One of TIME's most frequent cover subjects (44 times), Ronald Reagan turns 91 this Wednesday. We present a Reagan online retrospective with a gallery of TIME covers and articles about the former President. At time.com/newsfiles/reagan...
Take skeleton. It was a Mr. Cornish who decided to take the St. Moritz track headfirst during the 1887 tobogganing Grand National. So not only is skeleton not new, it is downright hallowed and has been in the Olympics before, most recently...
...Fastow was called to explain himself in front of a seething congressional committee probing Enron's failure last week. But he declined to testify, citing his Fifth Amendment right against self-incrimination. Says his spokesman, Gordon Andrew: "Our position remains that Mr. Fastow acted with the full knowledge and approval of Enron's board of directors, its office of the chairman, which included Mr. Lay and Mr. Skilling, and its internal and external auditors and legal advisers." His former boss, Jeffrey Skilling, who quit as Enron CEO last August, had no such hesitation, insisting to his incredulous interrogators that things...
After a moment Winokur answered, “Congressman, I don’t remember a specific report by Mr. Skilling….there was not an instance where he reported to me personally...