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...telecom industry get itself into this mess? The birth of UMTS just happened to coincide with the peak of the speculative rage for technology investments. In March 2000, the Spanish government sold some of the first UMTS spectrum licenses to four firms for a total of about $450 million, or roughly $12 for every Spaniard. "The market capitalizations of the companies that got these [licenses] rose by more than they paid for them," says Falk Müller-Veerse, European research manager for the investment group Durlacher. "So everyone said, 'We have to get these.'" Put another way, the stock...

Author: /time Magazine | Title: It Ain't Heavy... It's My Debt | 4/16/2001 | See Source »

...actions of Caiaphas, high priest from A.D. 18 to A.D. 36, are traditionally attributed to rage over Jesus' challenges to his class's power and his personal standing. But historians have begun to argue for a more nuanced appreciation. Caiaphas knew better than anyone that the doomed Jewish revolts inevitably started at the Temple, frequently during Passover, as keyed-up pilgrims celebrated Israel's liberation from an earlier oppressor. He knew Pilate as a ruler, says Richard Horsley of the University of Massachusetts, Boston, who "shot first and asked questions later." Personal pride notwithstanding, the high priest had reason...

Author: /time Magazine | Title: Jerusalem At The Time Of Jesus | 4/16/2001 | See Source »

...cooler, especially considering there are too few songs that discuss the importance of stuffed animals in our daily lives-i.e. whenever I get sad, I go play with the plush koalas in the Discovery Channel Store.) Anyway, to make a long story short, Alanis helped expurgate long-standing rage-and with this mass catharsis came mass complacency. The Spice Girls were born, TRL helped launch Britney, Christina and the other blonde nincompoops, and angry chic just seemed, well, old. But perhaps the world just got a bit too mysogynistic for its own good-in the past few weeks...

Author: By Soman S. Chainani, CRIMSON STAFF WRITER | Title: Soman's In the (K)now | 4/6/2001 | See Source »

...Music" was all about her ghetto booty, "Don't Tell Me" suggested a penchant for square-dancing cowboys, but now Madonna's third single off her new album-entitled "What It Feels Like for a Girl"-shows us that deep down the Material Girl still has some hardcore rage to work out. The wonderfully subversive video was banned by MTV which now refuses to air it because it's "irresponsible." The decision is befuddling for a number of reasons. First, MTV airs "irresponsible" shows all the time. "Undressed" makes me cringe with its inane, orgiastic storylines which are no better...

Author: By Soman S. Chainani, CRIMSON STAFF WRITER | Title: Soman's In the (K)now | 4/6/2001 | See Source »

...perennial state of crisis as it lurches through an epic transition to capitalism whose attendant social traumas threaten to literally tear the country apart. Millions of people will lose their jobs and a known way of life, cast into a Darwinian vortex of social uncertainty. And in their rage, they're increasingly willing to take to the streets, or sign up with what Beijing sees as dangerous millennarian cults. Accessing the World Trade Organization and integrating itself more completely into the international economy demands that Beijing accelerate rather than ease the pain of economic liberalization - a prospect that horrifies...

Author: /time Magazine | Title: Jiang Zemin | 4/5/2001 | See Source »

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