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...representative management is oblique. "Progressive" employers cite the advantages of minority representation in a world where the bases of power growincreasingly outside the domain of the white male. One chief executive described walking into a meeting with "an all-white male team" as "a tiebreaker negative." This view of token representation, where an employee's primary purpose and merit is her gender or race, is not progress. It feels like a form of exploitation...

Author: By Patrick S. Chung, | Title: A New Glass Ceiling | 3/18/1995 | See Source »

Trader Nicholas Leeson's stock gamble cost Baring Brothers & Co. $1.46 billion, $460 million more than previously estimated, the insolvent bank said today, as the Dutch ING Group agreed to take over Baring for a token one pound, or $1.65. Leeson, now in a German prison, is fighting extradition to Singapore, where he stands accused of forging a Wall Street executive's name on a document used as collateral for a loan to Baring. Says TIME London bureau chief Barry Hillenbrand: "A lot of people doubt that Leeson was this lone cowboy who just blew this bomb up inside, with...

Author: /time Magazine | Title: CHEAP AT THE PRICE | 3/6/1995 | See Source »

...Greene's novels are essays on fallenness (and self-accusations), they are also, by the same token, arguments against the whole notion of enmity, or reminders, at least, that our enemies are no less vulnerable and right in their own minds than ourselves. With his famous taste for ambiguity, and refusal to see things in black and white (except in his condemnation of any institution that would treat humans as tokens, statistics or pawns), Greene made it his lifework to understand every position: one of his plays is even called Yes and No. And as a headmaster...

Author: /time Magazine | Title: SLEEPING WITH THE ENEMY | 2/20/1995 | See Source »

...Saints, that date is the anniversary of the martyrdom of Valentine, a Christian religious figure who was beaten and subsequently beheaded circa 269 A.D. I went through not only CVS but the Coop as well, without finding a single Valentine's Day card that made so much as a token reference to this key historical fact. Clearly, the revisionist hegemony is both deep-rooted and far-reaching...

Author: By Emily Carrier, | Title: Love Bites: | 2/16/1995 | See Source »

Still, it may have some future utility. In olden days, as a token of his romantic seriousness, a gent used to give his lady a copy of Kahlil Gibran's profoundly woozy The Prophet. Perhaps the gift of a videocassette of Before Sunrise will offer a similar opportunity for '90s fellows too clever to announce that they're on the make...

Author: /time Magazine | Title: Cinema: Jan. 30, 1995 | 1/30/1995 | See Source »

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