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...substantial bankruptcies, among both households and businesses. (Most Argentine debts are denominated in dollars and will now have to be repaid with less-valuable pesos.) If rising prices and bankruptcies lead to more social unrest, watch out. Not long ago, Latin America was known less for the democratic transfer of power than for autocrats with epaulets on their shoulders. So far, nobody has suggested that Argentina's crisis might be solved by a smack of military discipline. But more disorder could change that judgment...

Author: /time Magazine | Title: How Argentina Blew Its Big Chance | 1/14/2002 | See Source »

...reform, spurred by the plight of Enron workers who had, on average, 62% of their 401(k) savings tied up in Enron stock. Those savings were largely wiped out because the plan offered little opportunity to diversify. Like many corporate plans, Enron's didn't allow participants to transfer stock that had been given to them as part of a matching contribution until age 50. And Enron officials actively encouraged workers to buy Enron stock. In a memo in August, Lay told employees he'd "never felt better about the prospects of the company. Our growth has never been more...

Author: /time Magazine | Title: Enron: Who's Accountable? | 1/13/2002 | See Source »

...Penn’s improvement over last year’s disappointing season, however, has been the arrival of guard Andrew Toole, a transfer from Elon College. Toole has fulfilled the high expectations set for him this year, providing the Quakers with a much-needed backcourt scoring and leadership presence...

Author: By Elijah M. Alper, CRIMSON STAFF WRITER | Title: M. Hoops Welcomes Penn, Princeton | 1/11/2002 | See Source »

Bush’s original proposal to issue vouchers for public school students was not included in the final bill, but was replaced with measures that will allow parents of students in failing public schools to transfer their children to successful public schools, charter schools or use tutoring from public or private organizations...

Author: By Ronaldo Rauseo-ricupero, SPECIAL TO THE CRIMSON | Title: Bush Comes To Boston After Education Victory | 1/9/2002 | See Source »

...waistcoat, Rais told us it was his Islamic duty to "respect you and give you as much hospitality as we can". He then fudged our first question about no longer having power, choosing instead to relay how he had twice met interim government leader Hamid Karzai to speed the transfer of "Taliban power to Karzai." But he happily confirmed his new arrangement with the government, under which he surrendered those weapons he had at hand and vowed not to protect "any of the most wanted people who come into our area." But did he leave the door open? He spoke...

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

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