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...Trintomar agree to these terms? Seereeram and other critics say it was a sort of bait and switch. Citibank met with Trintomar three times in the spring of 1992 to pitch its original $66 million refinancing proposal, and in a letter dated Sept. 9, Trintomar asked for a formal proposal. The next day, Citibank sent a letter outlining the extra $96.5 million loan in several pages of eye-glazing detail. Trintomar officials, thinking the smaller loan was still on the table, kept negotiating. As Trintomar edged closer to default, the managing director of Citibank Trinidad, Suresh Maharaj, turned...

Author: /time Magazine | Title: Predators in Paradise? | 10/7/2002 | See Source »

Despite the appetite for more Lecter movies, the $80 million Red Dragon almost didn't get made. "Hannibal was a big hit," says an agent, "but most people in Hollywood thought it was an awful movie that almost killed the franchise." With its baroque gore and pitch-black humor (Ray Liotta ate his own brains), the movie was jarring compared with the more subtle Lambs, which won five Academy Awards, including Best Picture. And even though Manhunter made peanuts at the box office, it is highly regarded by some filmmakers...

Author: /time Magazine | Title: Hannibal Inc. | 10/7/2002 | See Source »

...Crimson’s first break came late in the second quarter, when Lehigh running back Eric Rath fumbled a pitch at his own 4-yard line. Harvard defensive tackle Jon Berrier alertly came off his block and pounced on the ball...

Author: NO WRITER ATTRIBUTED | Title: Late Turnovers Out Of Character for Football | 10/7/2002 | See Source »

...Crimson has scored only five goals in its last six games, and the team is still searching for its rhythm on the offensive end of the pitch...

Author: NO WRITER ATTRIBUTED | Title: W. Soccer Can’t Find Net After Stacking its Backs | 10/7/2002 | See Source »

...aware enough of one of the root causes of Brazil's (and Latin America's) new economic crisis. The free-market reforms relied too addictively on foreign capital, which in turn kept local interest rates inordinately high - and eventually snuffed out the very economic growth that the capitalist sales pitch had so loudly promised, not to mention saddling Brazil with massive new debt. "Brazil has become stagnated because we actually became less industrially competitive," Lula insists. "The time is right for the PT because we've been warning people for a long time about the things that are happening...

Author: /time Magazine | Title: A Brazilian Blair? | 10/4/2002 | See Source »

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