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...nationwide. Fortune magazine estimates that total damages could eventually top $200 billion. To put that in context, last year total corporate profits were only $767 billion, according to the National Bureau of Economic Research. That means that one type of lawsuit, filed against a small minority of firms, could wipe out more than 25 percent of last year’s corporate profits...

Author: By Alex F. Rubalcava, | Title: The Cost of Legal Extortion | 4/17/2002 | See Source »

...result has been to make Klee look both omnipresent and rather a whimsical bore. He has to be rediscovered every so often to wipe away the resentment the kiddies (now grown up) feel against his charm, wit, flyaway fantasy and all the rest. He is forever going out of style and then being dragged back into it by this or that exhibition. People have to be reminded how important an artist he was in his time, on a level with figures who now seem more formidable (if less loved) presences in the history books, such as the architect Walter Gropius...

Author: /time Magazine | Title: Art: Flyaway Fantasy | 3/18/2002 | See Source »

...troops at Dara have been sent to wipe away al-Qaeda's western defenses and sweep over the mountains into Shah-i-Kot. At the same time the 101st Airborne is pressing down from the north, while the enemy?s retreat is blocked by the 10th Mountain Platoon and Special Forces to the east and south. But near Dara the bombs are still falling on the near side of the mountains, meaning the Afghan combat group here still has some way to go. "My next rotation to the front is in three days and I'll be up there...

Author: /time Magazine | Title: On al-Qaeda's Western Flank | 3/9/2002 | See Source »

There is only one formal count of genocide--in Bosnia: it's the gravest offense on the war-crimes books but the hardest to prove. Prosecutors must show that Milosevic knowingly intended to wipe out ethnic or religious groups--Bosnia's Croats and Muslims. "Unless you've got an accused saying, 'Yes, I had the intent, and I had the ability to do it,'" says deputy prosecutor Graham Blewitt, "you can only submit evidence that will enable the judges to infer that's what was in the accused's mind." Most of the charges fit under the less demanding "crimes...

Author: /time Magazine | Title: Will Milosevic Get His? | 2/18/2002 | See Source »

There is only one formal count of genocide, in Bosnia: it's the gravest offense on the war crimes books but the hardest to prove. Prosecutors must show Milosevic knowingly intended to wipe out, in whole or in part, an ethnic or religious group - Bosnia's Croats and Muslims. "Unless you've got an accused saying, 'Yes, I had the intent, and I had the ability to do it,'" says deputy prosecutor Graham Blewitt, "you can only submit evidence that will enable the judges to infer that's what was in the accused's mind." Most of the charges...

Author: /time Magazine | Title: His Day In Court | 2/11/2002 | See Source »

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