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...Tyco's board of directors wholesale, fired the entire top corporate team and hired 80 executives to fill their spots. He also set out to restructure the company's $24 billion debt--$11 billion of which was due in 2003, a burden that threatened the company's viability. He undid the go-go ethos of the Kozlowski era, in which Tyco, from 1994 to 2001, spent $63 billion to acquire 1,000 companies. (Kozlowski was known as "Deal-a-Day Dennis.") Breen also moved the corporate headquarters from an expensive Manhattan office with views of Central Park to a nondescript...

Author: /time Magazine | Title: Can This Man Save Tyco? | 2/9/2004 | See Source »

...late August, Massachusetts lawmakers passed a piece of legislation which undid a part of state law that required fares to return to their previous level if ridership dropped by more than 4 percent...

Author: By Sam J. Lin, CRIMSON STAFF WRITER | Title: T Fares Rise To $1.25 | 1/9/2004 | See Source »

...Anton Chekhov, but he is Buddhist, and the influence of the religion?observant, detached, cyclical?is richly apparent. Cycles are everywhere. Ramchandra's passion waxes and wanes. Even as he descends into recrimination, he sees his maturing teenage daughter succumbing to the same dangerous passion that undid him, and he is powerless to stop her. Fate, fueled by misguided desire, carries the characters on its wheel, through good and ill and back again. Nothing, Upadhyay suggests with his crisp yet melancholy words, is ever really possessed, yet nothing?not even love?is ever truly lost...

Author: /time Magazine | Title: Clueless in Kathmandu | 3/9/2003 | See Source »

...name of unity, but has always "reserved the right to resist the occupation." Whenever Hamas' unyielding violence has challenged Arafat too hard, he has cracked down. He arrested hundreds of militants and removed firebrand Hamas preachers from their mosques in 1996, after a torrent of suicide bombings nearly undid the Oslo accords. When Hamas militants car-bombed a bus filled with settler schoolchildren in 1998, setting off another crisis with Israel, Arafat put Yassin under house arrest. Both times, though, Hamas' popular support was at a low ebb among Palestinians who believed peace negotiations would prove fruitful...

Author: /time Magazine | Title: Radicals On The Rise | 12/17/2001 | See Source »

Contrast Washington and Lincoln with two failed Presidents. Lincoln's successor, Andrew Johnson, became President because of one man's bullet rather than all men's ballots. Yet he unilaterally undid several Lincoln policies, flouting federal law in the process. Unlike Lincoln, who built bridges to leading war Democrats, Johnson demonized his critics. So did Nixon a century later. Equating criticism of the Vietnam War with disloyalty, Nixon hit the opposition party with illegal surveillance and electoral dirty tricks...

Author: /time Magazine | Title: War Powers: Is Bush Making History? | 12/3/2001 | See Source »

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