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This advice comes not because engaging in this pseudo-scam might ruin your credit or irritate your friends (which it will), but because the iPod is an elitist, antisocial device that provokes the kind of class divisions of which only Karl Marx would approve. The campus is already divided between the conversation-loving proletariat and the expanding bourgeoisie who choose to forego all verbal communication with fellow students and withdraw entirely into the acoustic bliss of the iPod, or some inferior substitute. Don’t join the ranks of the latter...

Author: By John Hastrup, JOHN W. HASTRUP | Title: iPretend You Don't Exist | 12/16/2004 | See Source »

...enormous - up to $8 billion - that the company had to invent a Cayman Islands-based investment fund called Epicurum to take over some of its fictitious credits. Epicurum soon attracted the attention of auditors and Italy's stock market regulator in November 2003. Within a month, the whole scam imploded. A LEGAL MORASS Today there are multiple legal skirmishes between what is left of Parmalat and its onetime financial partners. Magistrate Francesco Greco's criminal probe has already widened beyond individuals: last month, he broadened his investigation to include Citigroup, UBS, Deutsche Bank, Morgan Stanley and Italian fund-management firm...

Author: /time Magazine | Title: How It All Went So Sour | 11/21/2004 | See Source »

...Eight billion, 11 billion, 14 billion - it's all the same.'" Stunned, Ferraris urged Tanzi to call a meeting with the company's banks to explain the situation. Tanzi refused, and Ferraris quit. "I was flabbergasted," he says. A few weeks later, on Dec. 19, 2003, the biggest corporate scam in European history was exposed when Parmalat confirmed that an account it had claimed to have at Bank of America with €3.95 billion in cash simply did not exist. That was merely the first revelation in the scandal that turned Parmalat into Europe's Enron, a morass of fraud...

Author: /time Magazine | Title: How It All Went So Sour | 11/21/2004 | See Source »

...even some students who have received their free iPods view the offer as some sort of a scam...

Author: By Illeana Ojeda, CRIMSON STAFF WRITER | Title: Students Cash In On iPod Giveaway | 11/12/2004 | See Source »

...founders). eBay says the purpose of its investment is to learn more about online classifieds, a business that neither eBay nor Yahoo has successfully cracked. For Newmark, who insists that eBay will not change Craigslist, the deal gives his company access to eBay's experience in rooting out online scam artists...

Author: /time Magazine | Title: The Last Idealists | 10/11/2004 | See Source »

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