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...debt, triggered by Enron's troublesome partnerships, had not been in the original merger documents and Watson thinks it was a rude surprise for Enron head Ken Lay and the Enron team as well as Dynegy and its 30-percent owner, Chevron. Enron, he says, had not envisioned all of the possibilities that could trip them up. Operating in "panic mode," Watson's team began trying to sort out the details of the100-page SEC filing the next day, on Nov. 20th, but with a sinking feeling. A week later, on Nov. 27th, after renegotiating the deal almost daily, Watson...

Author: /time Magazine | Title: Why Dynegy Backed Out | 12/3/2001 | See Source »

...edition in December 1975, ASIAWEEK magazine promised to "see the world from an Asian perspective, to be Asia's voice in the world." Through Asia's remarkable years of growth, Asiaweek told of the transformation of a continent before succumbing to Asia's current big story: economic hard times. (Owner Time Inc., publisher of TIME, said it couldn't sustain the magazine in a "brutal" ad market.) In its early days, it was often a quirky read: one cover story said the world should forget about saving the endangered tiger. But Asiaweek took on politicians and business barons and became...

Author: /time Magazine | Title: Starting Time | 12/3/2001 | See Source »

...system, dimming lights and burger-joint-style booths, the Quincy foyer has never looked so good. “Seeing the tables filled, even if they don’t have any food, makes me happy,” says Elrich, who is also the Grille’s owner...

Author: By S. N. Karamchandani, CRIMSON STAFF WRITER | Title: The New Grille in Town | 11/29/2001 | See Source »

After its first month in business, Tommy’s Value convenience store has yet to see the financial success that its owner had hoped to achieve...

Author: By Ryan J. Kuo, CONTRIBUTING WRITER | Title: Tommy’s Market Suffers Slow Start | 11/27/2001 | See Source »

...Store owner Mian Iftikhar, who also owns Tommy’s House of Pizza, says the convenience store’s current daily income of $600-700 is less than half of what he expected...

Author: By Ryan J. Kuo, CONTRIBUTING WRITER | Title: Tommy’s Market Suffers Slow Start | 11/27/2001 | See Source »

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