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...runs the day-to-day business from his ninth-floor office at the Cheung Kong Center, while his father, on the 70th floor, guides strategy. Some investors wonder if the relatively unknown Li can effectively succeed his father, 75, whose net worth Forbes estimates at $7.8 billion. Still, it is widely assumed that Li--and not his younger brother, telecom tycoon Richard Li--is next in line. Victor avoids the issue but notes how much he's like Dad. "We almost always arrive at similar conclusions," he says. That may be a result of close tutoring. Father and son share...

Author: /time Magazine | Title: VICTOR LI, CHEUNG KONG: Can He Follow the $7.8 Billion Man? | 12/1/2003 | See Source »

When the court of the Judiciary in Alabama tossed state supreme court Chief Justice Roy Moore out of office last week over his refusal to remove the Ten Commandments from his courthouse, you had to wonder whether his fondest wish had been granted. After all, if his goal were simply to reaffirm the spiritual foundations of the law, he could have done that the way countless other judges and lawmakers have been doing it for decades. Sessions of Congress open with prayer, the Attorney General holds prayer meetings each morning in his office, the Supreme Court routinely asks that...

Author: /time Magazine | Title: Thou Shalt Be Removed | 11/24/2003 | See Source »

...rare animators whose creative point of reference isn't other animation or manga. Instead, he takes his inspiration from reality: "My ideas for movies come from the world that I live in. When I walk down the street I see homeless people. I started to wonder why they didn't show up in movies. It seemed like an obvious topic...

Author: /time Magazine | Title: True Grit | 11/24/2003 | See Source »

...Year. Even though auditors later concluded that Sibneft's tax violations were "ethically not very pretty but legal," the impact of a court inquiry, new duties and new tax rules could cost the company more than $650 million next year, and even lead to its breakup. No wonder Abramovich likes London. He had ample reason to think he'd won the Kremlin's favor. In 2001, he bought the ort TV channel for $150 million from Boris Berezovsky, once Putin's ally, then his bitter foe, and turned it over to the state. He also invested several hundred million...

Author: /time Magazine | Title: A Roman Retreat? | 11/24/2003 | See Source »

...wonder if what has been called the ‘vocationalization’ of our schools is not a positive trend,” he said. “There is now a greater capacity to impart knowledge than there had ever been before...

Author: By Laura L. Krug, CRIMSON STAFF WRITER | Title: Faculty Mulls Curriculum | 11/24/2003 | See Source »

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