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...rich on paper by securing millions of stock options. When WorldCom's growth machine began to sputter so did its stock price, denting Ebbers' net wealth. Yet he tapped WorldCom's cash reserves for hundreds of millions of dollars in loans to buy even more stock plus a huge ranch in British Columbia, a Georgia yacht builder and a minor league hockey team. (He still owns a golf club and a lumber business in Mississippi.) To keep WorldCom afloat, prosecutors charge, Ebbers allegedly resorted to a combination of hype, hidden expenses and phantom revenue to inflate earnings by all those...

Author: /time Magazine | Title: Next: WorldCom's $11 Billion Case | 3/15/2004 | See Source »

...suppose Mortensen’s natural attraction to the movie’s material can be excused—raised on a ranch in Argentina, the future king of Middle Earth rode horses throughout a good part of his childhood. In fact, Mortensen did most of his own riding and stunts for Hidalgo, and after shooting for the film wrapped, he bought the horse used in the film. However, despite his partiality towards all things equine, Mortensen could have—indeed should have—followed his star-making turn in The Lord of the Rings series with...

Author: By Douglas G. Mulliken, CRIMSON STAFF WRITER | Title: Film Review of Hidalgo | 3/5/2004 | See Source »

...been careful to let us know that he favors bologna sandwiches.) Furthermore, John Kerry speaks fluent French. It is no accident that a White House staffer once said, "He looks French." The Heinz Kerrys hang out on Nantucket and in Sun Valley, Idaho. They don't own a ranch or cut scrub with a chainsaw. He often shows up at Davos. He went to a fancy private school in Switzerland. He and Teresa met at a global-warming conference, for God's sake! He wears pastel Hermes ties--a pink one at his Wisconsin victory celebration. And this guy calls...

Author: /time Magazine | Title: Beware Flannel-Mouth Disease! | 3/1/2004 | See Source »

...welfare queens” to symbolize government excess and Bill Clinton attacked “brain-dead politicians.” But that wasn’t who they were. They were Common-Man Populists—Carter on his peanut farm, Reagan at his Santa Barbara ranch, Clinton from small-town Arkansas. They were guys you would enjoy inviting over for a beer, and who seemed to respect middle class, middle-American moms and dads, working hard and wanting the best for their country...

Author: By Brian M. Goldsmith, | Title: Beware Shrum Populism | 2/24/2004 | See Source »

...round up 100 people who will give $2,000 each). The system is so well-organized that each fund raiser is assigned a number, and that number is put on donors' checks. If the fund raisers make their quotas, they get benefits like a visit to Bush at his ranch...

Author: /time Magazine | Title: Bring On The Cash! | 2/23/2004 | See Source »

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