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...general was, of course, the same man who had spoiled Vajpayee's previous peace initiative toward Pakistan. In early 1999, while Vajpayee and democratically elected President Nawaz Sharif were initialing a new chapter in bilateral relations in Lahore, Musharraf, then chief of the Pakistani armed forces, was orchestrating a daring incursion into Kashmir, into the Indian-held Kargil Heights. That provoked six weeks of bloody combat, cutting dead Vajpayee's cherished Lahore process...
...Conaway, 41, whom the company plucked from drugstore chain CVS 18 months ago. Late last week the company's stock was pummeled, dropping 14%, to $4.71, after Prudential Securities retailing analyst Wayne Hood suggested in a report that bankruptcy would not be a bad move for K Mart. A Chapter 11 filing would allow the company to walk away more easily from the leases of underperforming stores and warehouses and move ahead with construction of new facilities in more promising locations. Hood believes that's the only way K Mart can even begin to compete with No. 1 Wal-Mart...
...price to be disclosed this week. The courts must approve the sale, however, which promises to spark legal fireworks from creditors, who will want to make sure the company got a fair price. Not that it will matter much to Enron. The company has little chance of emerging from Chapter 11 intact. Says Peter Chapman, president of Bankruptcy Creditors' Service: "Assets are being liquidated for the benefit of creditors." But even if the company disappears, the name Enron will be with us for a while...
...MOULIN ROUGE When they write the definitive history of eye candy, Baz Lurhmann's pinwheeling, voluptuous movie should get its own chapter. Art director Catherine Martin reimagined the famous Montmartre nightclub as something like Pee-wee's Playhouse in Gotham City, stuffed to bursting with bright ideas and dark corners. The inspirations came from everywhere--fashion photography, the technicolor "Paris" of old Hollywood, the Bhagavad Gita. Plus there's a boudoir-in-an-elephant...
...Moulin Rouge When they write the definitive history of eye candy, Baz Lurhmann's pinwheeling, voluptuous movie should get its own chapter. Art director Catherine Martin reimagined the famous Montmartre nightclub as something like Pee-wee's Playhouse in Gotham City, stuffed to bursting with bright ideas and dark corners. The inspirations came from everywhere - fashion photography, the technicolor "Paris" of old Hollywood, the Bhagavad Gita. Plus there's a boudoir-in-an-elephant...