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...Also driving the deal was the knowledge that as Germany's baby boomers approach retirement age, the market for pensions and other savings products like mutual funds seems certain to expand. With Dresdner's DIT, Allianz's large insurance sales force will have mutual funds to peddle, while Dresdner's retail bank network will become a distribution channel for Allianz's array of insurance products...

Author: /time Magazine | Title: Ending Germany Inc. | 4/16/2001 | See Source »

McConnell accepted defeat and warned his colleagues what the new world might look like. "This is mutual assured destruction of the political parties," he said. "There won't be one penny less spent on politics it just won't be spent by the parties." Instead, he predicted, there would be a "battle of billionaires over the political discourse in this country" as power was transferred from the parties to the press, academia, Hollywood and the richest individuals. He says half a dozen Democrats came up later and said they were stunned by what they had done to their party...

Author: /time Magazine | Title: A New Day Dawning | 4/9/2001 | See Source »

...dark side of Hollywood's dream factory. The play's real triumph, though, is the showcase it provides for the breathtaking virtuosity of Campion and Hill. They slide in and out of some 15 characters so deftly (a stoop here, a thrust-out chest there) and with such mutual precision that you feel you're watching not 15 people onstage, or even two, but one actor with two interlocking, constantly morphing sets of body parts...

Author: /time Magazine | Title: Theater: The Pluck of the Irish | 4/9/2001 | See Source »

...play them. Modest exposure to foreign stocks--15% to 20% of a stock portfolio--can still help investors reduce risk while boosting returns. The key is owning the right foreign stocks. And these days that usually means focusing on small companies, which are best bought through a mutual fund. Why is smaller better? As the economy has gone global, large companies increasingly sell their stuff everywhere. Their fortunes (and stocks) move together. So Royal Dutch Shell doesn't provide much diversification if you already own Chevron...

Author: /time Magazine | Title: Global Investing: Lots of Room to Grow | 4/9/2001 | See Source »

...whose timbres match seamlessly. Their seemingly identical musical conceptions created the well-blended texture and flexible phrasing that are so crucial for the underlying drama, in which Tamino and Pamina overcome the ordeals of initiation into Sarastro’s order and progress towards enlightenment only through cooperation and mutual support. Their journey was admirably accompanied by the Met orchestra, which played with impeccable precision and clarity...

Author: By Jason L. Steorts, CONTRIBUTING WRITER | Title: Mozart Makes Magic at the Met | 4/6/2001 | See Source »

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