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...suggested--and eventually selected--Enron's law firm, Vinson & Elkins, to conduct the inquiry. Nevertheless, Watkins left feeling buoyed. "I felt, 'Oh, good, now he knows,'" she says. "There was a feeling that I had done the hardest thing in my life, but I had carried the torch and dropped it off." For the first time that week, she slept through the night. In late September, even after netting $1.5 million by exercising personal stock options, Lay told Enron employees that "our financial liquidity has never been stronger." By mid-October, the company announced a $618 million third-quarter loss...

Author: /time Magazine | Title: Sherron Watkins: The Party Crasher | 12/30/2002 | See Source »

...same result—since it is sanctions that have partially prevented Iraq from importing the equipment that it needs to boost oil production.” There are serious risks, moreover, that a war could lead to the devastation of many petroleum-rich fields, or that Hussein could torch his own reserves before he is conquered. At the very least, a pre-emptive U.S.-U.K. assault might cause a sharp spike in oil prices. It seems curious to argue, then, that Bush’s Iraq policy is compelled solely by the lure of petrodollars...

Author: By Duncan M. Currie, | Title: No Appeasement for Oil | 11/15/2002 | See Source »

...state where the local drama is just too rich to ignore is New Jersey: Democratic Senator Robert (the Torch) Torricelli sputtered out of the race last week once it was clear he was not going to survive the unending revelations about his ethical lapses. It is one thing for a candidate to withdraw suddenly because of a family crisis or a health problem; the Torch apparently bowed out because it looked as if he was going to lose. In a reprise of Election 2000, it fell to the courts--including the Supremes--to decide whether this is a legal...

Author: /time Magazine | Title: Election 2002: Battle For The Senate | 10/14/2002 | See Source »

...seasons...I even want to notice the aging of my friends and family." It must be a tough life being such a selfless public servant, so busy helping others that you don't even notice that it's fall or that your kids have birthdays. But the Torch was about to put all that behind him. "It is time for me to reclaim my life," he went on. "I have done my duty to my country...

Author: /time Magazine | Title: Lacking in Self-Esteem? Good for You! | 10/14/2002 | See Source »

...together to make friends, make enemies and enhance their vocabularies. Legend has it that the game of anagrams was invented by those who yearned for a challenge greater than Scrabble, but it failed to garner the same popularity. It survives today wherever true enthusiasts feel compelled to pass the torch on to neo-nerds. Self-described “aging permutator” Daniel Bosch, an Expos preceptor and a former resident tutor of Dunster House, introduced the game to the House and soon found himself nurturing young anagram apprentices. One such apprentice, Adam M. Grant...

Author: By Kristin E. Kitchen, CRIMSON STAFF WRITER | Title: Anagrams Up the Ssa | 10/10/2002 | See Source »

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