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...much alive. The gala, which raised almost $24 million, has been criticized as a prime example of Washington's salesman culture. A TIME investigation reveals just how excessive it was: at tables sold for $25,000 apiece were oilmen seeking to lift U.S. embargoes against Iran and Libya; nuclear-plant owners looking for government backing of a burial ground for reactor waste; and coal, refinery and utility executives out to ease pollution standards. In addition to writing the kind of huge soft-money checks that the reform bill would outlaw, energy firms lent about 20 of their officials and lobbyists...

Author: /time Magazine | Title: Fund Raising: How Bush Plays the Game | 4/1/2002 | See Source »

...Canadian funeral conglomerate, wants the U.S. government to pay $725 million in damages because a Mississippi jury harbored what Loewen claims were "anti-Canadian, racial and class biases" when it found the company guilty of contract fraud. METALCLAD, a California firm that was prevented from opening a toxic-waste plant in Mexico, won $15.6 million from that country. UPS is seeking $160 million from Canada because its public postal service competes "unfairly" against the Atlanta-based firm...

Author: /time Magazine | Title: Environment: Toxic Trade? | 3/25/2002 | See Source »

...year ago when Stronach, 35, took the helm of her father's company, MAGNA. But since then, Canada's biggest auto-parts maker has posted record sales of $11 billion, up 5%--during the recession. Stronach is steering Magna further into auto assembly, last month buying a Chrysler plant in Austria next to where it already builds Saabs and Mercedes...

Author: /time Magazine | Title: People To Watch In International Business | 3/25/2002 | See Source »

...first machine that electronically dissolved text into a stream of dots to be reassembled at the receiving end, on which fax machines and scanners are based; in Berlin. Last year the city of Kiel commemorated his achievements by renaming the Siemenswall Rd., which leads to his former plant, the Dr.-Hell-Strasse. DIED. HERMAN TALMADGE, 88, former U.S. senator and governor of Georgia who predicted that "blood will run in Atlanta's streets" after the Supreme Court outlawed segregation in 1954; in Hampton, Georgia. Talmadge gradually reversed his opposition to the ruling, and was named Man of the Year...

Author: /time Magazine | Title: Starting Time | 3/25/2002 | See Source »

...free-wheeling media are unaccustomed to police raids on news offices following publication of information embarrassing to the government. That's only supposed to happen in the large communist state across the straits. So Taiwanese journalists were surprised last week when police swept through the offices and printing plant of Hong Kong publisher Jimmy Lai's Next magazine. Some 160,000 copies of the flamboyant weekly were seized before they could reach newsstands. Authorities threatened to bring charges against a Next reporter for leaking national secrets...

Author: /time Magazine | Title: Starting Time | 3/25/2002 | See Source »

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