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...would keep 20% of the new firm. In return, it would receive $3.8 billion in cash and reduce its debt by $1.6 billion - less cash than Vivendi's original price tag, but a deal nonetheless. The lead actors are crowing over their triumph. "It was a long struggle," concedes Bob Wright, chairman and chief executive of NBC, who will head the company called NBC Universal if the deal goes through. "We want to be in the content creation and distribution business in a bigger way, over a longer period of time. Universal was an opportunity that came...

Author: /time Magazine | Title: Deal Ahoy! | 9/7/2003 | See Source »

...eyes of the Alabama Republican Party, Bob Riley is a sinner. He?s a conservative Republican and a born-again Baptist who had been proud of the fact that during his three terms in Congress he?d never voted for more taxes. Now, just six months after becoming Alabama?s governor, Riley is committing the ultimate GOP heresy: trying to ram through a $1.2 billion tax increase that would hit hardest the state?s wealthiest Republicans - who enthusiastically backed him during the campaign because he promised never to do such a thing. State GOP Chairman Marty Connors is beside himself...

Author: /time Magazine | Title: The Fall of Our Governor's Discontent | 9/6/2003 | See Source »

...reads the Constitution, Declaration of Independence and history of this country knows that our country's foundation is that of a Judeo-Christian ethic. Just because a minority of people want to be free of morals doesn't mean that we all do. Majority, not judges, rules this country. Bob Montville Saint Paul, Minn...

Author: /time Magazine | Title: Should the "Ten Commandments" judge be punished? | 9/2/2003 | See Source »

After five years of Bob Dole commercials and veritable Viagra-mania, it's hard to believe that the pill that made "erectile dysfunction" a household phrase got its start as a potential treatment for chest pain. Today Viagra is the leading drug for impotence, with worldwide sales of $1.7 billion. Its manufacturer, Pfizer, boasts that nine of the little blue pills are popped every second...

Author: /time Magazine | Title: Health: Move Over, Viagra | 9/1/2003 | See Source »

...Hope and Glory I was, frankly, shocked by Richard Schickel's backhanded tribute to the legendary Bob Hope [ESSAY, Aug. 11]. Schickel said, "There was no depth to Hope." But the comedian provided millions of us with happiness, laughter and respite from rationing, poverty and rebuilding during the difficult period following World War II. The man was a comic genius, and although he had the luxury of scriptwriters, he was always quick-fire with his own natural wit. When his family asked whether he would prefer burial or cremation, his response was, "Surprise me." Hope passionately supported...

Author: /time Magazine | Title: Letters | 9/1/2003 | See Source »

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