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Enron's greatest failure may have been asserting that it could offset major risks by buying assets like utilities and then developing and trading complex financial instruments around them. The company's energy-trading imitators paid a dear price: the Williams Co., based in Oklahoma, and Dynegy, based in Texas, saw their stock prices drop from the $45 range to less than $1 before rebounding slightly...

Author: /time Magazine | Title: The Enron Effect | 5/28/2006 | See Source »

...rural development manager hired to come up with an economic strategy for Assynt's land, believes this can change. He has asked the Scottish Crop Research Institute to find a crop to be farmed for biodiesel, and is enticing big companies to sponsor the planting of woodlands to offset carbon emissions. A marina is being built. Alastair MacAskill, the local butcher and chairman of the Assynt Foundation [EM] the residents' association that now owns the land [EM] knows this is only the start. "We thought Vestey would be there forever. It just shows how fragile the connection of land...

Author: /time Magazine | Title: Lifting the Clouds From the Highlands | 5/14/2006 | See Source »

...depressed spot prices. But don't expect a break in the price of cornflakes. The corn in a 1-lb. box costs cereal makers just 3˘, a tiny part of the total cost, according to Robert Wiser, an agricultural economist at Iowa State University. Higher energy costs more than offset any cuts in the price of corn...

Author: /time Magazine | Title: Billion Dollar Blowout: Billion Dollar Blowout | 5/10/2006 | See Source »

...ended up hitting to offset the pitching,” Brunnig said. “It works...

Author: By Jonathan Lehman, CRIMSON STAFF WRITER | Title: Day Two: Harvard Offense Explodes | 5/1/2006 | See Source »

...playing at not getting a hard-on yet.” Production on all tracks is more polished than ever, finding Skinner continuing his traditional mix of the quirky and the melodious. Unmemorable tracks like the foot-dragging “Memento Mori” are offset with the likes of “When You Wasn’t Famous,” which rolls cleverly over a well-executed, lively marching beat. Mixed in with the voice-over jokes and mysterious, yet certainly lewd, British slang, the slower, sometimes sappy songs are at once a bit bland...

Author: By Henry M. Cowles, CRIMSON STAFF WRITER | Title: The Streets | 4/26/2006 | See Source »

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