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...Andersen's understanding of Enron's strange business practices was extensive enough that Andersen executives, during the same conference call, contemplated dropping Enron as a client. That would have been a kick in the teeth for the auditing firm: Enron was paying Andersen some $50 million a year in auditing and "consulting" fees--and officials said in the conference call that they envisioned billings doubling in the coming years. Ultimately, Andersen decided to stick with Enron because, according to an e-mail record of the call, "we had the appropriate people and processes in place to serve Enron and manage...

Author: /time Magazine | Title: By the Sign of the Crooked E | 1/19/2002 | See Source »

...Professor Cornel R. West ’74 threw his temper tantrum, you got bloodied in the press. Surely you don’t want to give the liberal elite another excuse to go for your jugular, so I can’t blame you if you grit your teeth and rubber stamp the report. That’s what former President Neil L. Rudenstine would...

Author: By Jason L. Steorts, | Title: Memo to Larry Summers | 1/16/2002 | See Source »

...digress. McCain, to his credit, has never been shy about admitting he swims in the same campaign-finance cesspool as everybody else. But this time around - and pending discovery that the entire Bush Administration has been lying through its gritted teeth for the past week - Washington, for once, may come out of this mess smelling better than the men who wrote the checks. How "tainted" the recipients of Enron's political largesse feel is up to them. But there may be a lesson in how, apparently, Enron's lavish investment in campaign finance seems to have run up against...

Author: /time Magazine | Title: For Enron, Washington May Have Been a Bad Investment | 1/15/2002 | See Source »

...light machine guns. There is no trail across the vast, rocky plains, just tire tracks splicing in and out of a weave heading north. For almost three hours and 40 miles we followed the mujahedin through choking dust. Rows of mountain ridges rose on the horizon like broken witches' teeth. From time to time we came to tiny settlements; the houses sealed behind mud brick walls, the rooftop edges curved, daily life hidden from view. Some were plunked down in the middle of nowhere, drawing life from plunging wells. Others hugged wispy rivers; groves of fruit trees, winter bare, lined...

Author: /time Magazine | Title: Into the Heart of Baghran | 1/9/2002 | See Source »

...round a corner and the collective cry goes up: "Crocodile!" There's a stampede as everyone rushes to the side of the boat, which miraculously remains stable. The croc's a big one, maybe 1.3 tons of reptilian flesh and bones basking on the bank. Also big are the teeth, which you can't help but notice as its considerable jaw is wide open. Maybe a warning? Our guide offers a more sympathetic explanation: estuarine, or saltwater, crocs often keep their mouths open when lolling in the sun to prevent their brains from overheating...

Author: /time Magazine | Title: On Walkabout in Australia's Wild Eden | 12/31/2001 | See Source »

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