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...Company Institute, the mutual fund industry's trade group. Howya doing? Spitzer asked. Fine, Fink answered. He then mentioned that his industry seemed to be under unusual scrutiny, adding, "At least you aren't giving us a hard time." Spitzer's response left Fink weak in the knees. "Just wait," he said with a smile...

Author: /time Magazine | Title: Is Your Mutual Fund Clean | 9/29/2003 | See Source »

Fink didn't have to wait long. On Sept. 3, the crusading A.G., fresh from lashing the brokerage industry into a $1.4 billion settlement over fraudulent stock research, revealed his latest target: the mutual fund business. This time Spitzer asserts that the industry we have trusted to put us on equal footing with the big hitters was favoring them at our expense--through short-term trading schemes that dilute the gains of long-term holders...

Author: /time Magazine | Title: Is Your Mutual Fund Clean | 9/29/2003 | See Source »

Move over mini-skirts. If you thought fashionistas were showing a lot of leg this fall, wait until next spring. The hottest look on the runways at New York City fashion shows last week was micro-shorts. Labels like Michael Kors, Tommy Hilfiger and Proenza Schouler showed shorts cropped high on the thigh. Some were inspired by the increasingly popular board shorts worn by surfers--and those who imagine themselves as surfers. Kors took his inspiration from the pleasure-seeking jet-setters on the island of Capri. But you don't have to be superrich to take on this reinvention...

Author: /time Magazine | Title: Fashion: Longing for Shorts | 9/29/2003 | See Source »

...staff that it’s been cut from the HUDS menu for good. And hot breakfast, the start to a healthy day, has become a thing of the past to hurried students in many of the Houses, who, if they don’t have time to wait for their scrambled eggs, which now must be ordered from the grill, must choose between waffles, muffins and scones. They can no longer even enjoy a morning grapefruit...

Author: By Shira R.A. Pinnas, | Title: New HUDS Menu Not As Healthy As Promoted | 9/29/2003 | See Source »

...past six months, the Bush administration and Britain's Prime Minister Tony Blair have urged skeptics to be patient. The weapons will be found, they've said repeatedly. It's a big country, and Saddam had a decade to perfect his concealment techniques. Wait for David Kay and his 1,400-member Iraq Survey Group to complete their work. But with Kay due to submit a preliminary report to Congress in the next two weeks, either the Bush administration is playing an excellent game of rope-a-dope by deliberately dampening expectations ahead of a major surprise, or else...

Author: /time Magazine | Title: Where Are Saddam's WMD? | 9/26/2003 | See Source »

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