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Take, for example, the $100 million that MicroStrategy founder Michael Saylor vowed to donate last year to endow a foundation that would create the world's premier online university. That was shortly before the software company stunned Wall Street by restating its revenues for the previous two years--a shock that caused the company's stock to plunge more than 60% in a single day. Throw in the tech sell-off, and last week MicroStrategy shares that had traded for more than $225 a year ago closed at $2.88. Saylor's personal holdings, which had stood at $9.9 billion...

Author: /time Magazine | Title: Tough Times for Philanthropy | 4/9/2001 | See Source »

...Senior government officials were very enthusiastic about the appointment,” the colleague said. “China’s Premier Zhou Rongji joked with Larry that the last time he came to Boston he visited MIT, but that the next time he’d have to come to Harvard...

Author: By David H. Gellis, CRIMSON STAFF WRITER | Title: Summers Travels Around World | 4/3/2001 | See Source »

...denounce all these equivocal statements we made to spring them," a senior Navy officer griped. "And then we should bomb the damn plane on the tarmac." The White House saw that it was also still dealing with competing constituencies on the Chinese end. After 48 hours of thaw, Vice Premier Qian Qichen declared Saturday that the expressions of regret were "still unacceptable." The U.S., he said, must "apologize to the Chinese people. This is the key issue to solving the problem...

Author: /time Magazine | Title: Saving Face | 4/2/2001 | See Source »

...show that the candidate hadn't been kidding. In response to the February arrest of alleged spy Robert Hanssen, Bush ordered nearly 50 Russians out of the U.S., setting off a round of tit-for-tat expulsions not seen since the mid-'80s. In talks with China's Vice Premier, Qian Qichen, he bluntly said Washington would sell whatever arms it chose to Taiwan, whether Beijing liked it or not. Bush and his advisers seemed downright eager to prove there's a new sheriff in town, ready to take a more hawkish, assertive posture on foreign policy. What...

Author: /time Magazine | Title: Dubya Talks The Talk | 4/2/2001 | See Source »

...woman's name was a frosty interlude amid the pleasantries of George W. Bush's meeting with China's Vice Premier Qian Qichen. The woman is Gao Zhan, 40, a sociologist at American University in Washington who has been held by Chinese authorities since mid-February. Bush bluntly told Qian of his "extreme concern" about Gao. He was echoing similar statements by Secretary of State Colin Powell, who called the case "particularly outrageous...

Author: /time Magazine | Title: In China: The Taking Of Andrew's Mother | 4/2/2001 | See Source »

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