Word: lies
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...interests at heart," says Dan Brown, a Seattle software-company owner, "but to be out there to rob me, that bothers me." Even criminals look for honor among thieves--and find the greedheads wanting. Mike, 20, a former drug dealer in Seattle, says that not even pushers can lie so blatantly to their clients. "People have to be able to trust you, know that you're selling what you say you're selling," he says. "If I had lied like [the CEOs], I would have been out of business...
EUROPEAN UNION Sowing the Seeds of Farm Reform The european commission approved a plan to overhaul the E.U.'s subsidy-addicted farming system. Tough talks lie ahead to get all of the Union's 15 member states to agree to the scheme, but countries applying to join the E.U. have welcomed it. The E.U.'s agriculture Commissioner Franz Fischler is trying to de-link direct subsidies and production. The Common Agricultural Policy has encouraged farmers to overproduce in the knowledge that the E.U. will buy their crops. This has raised prices for consumers - and created mountains of excess products. Under...
...interests at heart," says Dan Brown, a Seattle software-company owner, "but to be out there to rob me, that bothers me." Even criminals look for honor among thieves-and find the greedheads wanting. Mike, 20, a former drug dealer in Seattle, says that not even pushers can lie so blatantly to their clients. "People have to be able to trust you, know that you're selling what you say you're selling," he says. "If I had lied like [the CEOs], I would have been out of business...
...with these stories. And then you see the pictures of the homes these guys are building ..." It's a short road from disgust to despair: What do I do with my money now? Business schools are adding courses on Enron to their fall lineup; a new book, How Companies Lie, promises to help investors see through the smoke and break the mirrors of corporate accounting. People say they have stopped investing and play poker instead; it's a safer bet. The Wall Street Journal profiles the barber who has given up on CNBC and now takes longer walks with...
...happen when drug companies move to assist countries in need. Sadly, there are many countries left without this kind of aid. And until a reasonable compromise can be reached between the financial responsibilities of pharmaceutical companies and the economic realities of AIDS-stricken nations, the best hope appears to lie in the manufacture and distribution of cut-price "copycat" drugs, like those created in India and sold to Uganda's government at drastically reduced prices. Since the introduction of these drugs in Uganda, a country devastated by AIDS, prices for treatments have fallen by 97 percent, according to Oxfam...