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...time over many years. In the short term, that lets money flow to the bottom line and boosts financial results. It's the oldest trick in the book, and mind-numbingly simple. Dennis Beresford teaches Accounting 101 at the University of Georgia and says what happened at WorldCom is "plain vanilla" trickery that he covers on the second day of class...

Author: /time Magazine | Title: WorldCon | 7/8/2002 | See Source »

...that are so perennially relevant, as demonstrated by the effort to prepare for the expedition's bicentennial, beginning this January. In the 11 states whose land and waterways the explorers touched, plans have been under way for several years to re-create, commemorate and just plain profit from the first and greatest American off-road trip. From the Falls of the Ohio, where a festival will celebrate the place at which Clark climbed aboard Lewis' keelboat, all the way west to tiny Fort Clatsop, Ore., where visitors will chat with Lewis and Clark impersonators, the roadside plaques are already being...

Author: /time Magazine | Title: Lewis and Clark | 7/8/2002 | See Source »

...members, about the same number reported by the National Organization for Women. In 1987, shortly after LaHaye became a co-chairman of Republican Jack Kemp's short-lived presidential campaign, a Baltimore Sun reporter examined one of LaHaye's theological books, 1974's Revelation: Illustrated and Made Plain. The reporter discovered that LaHaye had called Catholicism a "false religion" and said Rome "too often gives man a false security that keeps him from seeking salvation." The Sun reprinted the comments on a Friday; Catholics and reporters cried foul, and LaHaye resigned from the campaign the following Monday...

Author: /time Magazine | Title: Meet The Prophet | 7/1/2002 | See Source »

...September that icon of feminine protection, Procter & Gamble's 65-year-old Tampax tampon, will shed its plain white wrapper and reinvent itself as the Tampax Pearl, with an easier-to-use, pearlized applicator decked out in a pastel wrapper that won't turn to confetti at the bottom of a purse. The intended customer, says Tampax spokeswoman Elaine Plummer, is the "joy consumer--the postpone-no-pleasure, spare-no-expense, accomplished, feminine woman who wants her tampon to be more fashion accessory than hygiene product." In other words, the woman who wants designer everything--inside...

Author: /time Magazine | Title: Packaged Good | 7/1/2002 | See Source »

Genial and plain-spoken, 69-year-old Prasarttong-Osoth attributes the company's success to its focus on tourism?especially to cultural destinations?courting the oft-sneered-at holidaymaker rather than the business traveler. "Tourists travel all week long," he says. "Businessmen are more demanding and can only travel a few days a week. Where's the money to be made in that?" On average, his flights are 75% full, and 93% of those passengers are international tourists. Tourists for whom Prasarttong-Osoth has great plans. As part of his Mekong region tourism development scheme, Prasarttong-Osoth has started building...

Author: /time Magazine | Title: Thailand's Big Little Airline | 6/24/2002 | See Source »

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