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...tenure as Bertelsmann's CEO, its debt was €334 million, the lowest debt of all big media corporations that I know of. Companies like Time Warner, Disney or Vivendi Universal are paying this as annual interest. TIME implies that I left "a slew of dubious new assets." The truth is that all the acquisitions under my leadership delivered the originally budgeted returns and Bertelsmann faced no write-off. You also write that Bertelsmann owner Reinhard Mohn "was so upset by Middelhoff's tenure." Our disagreement was primarily over my desire to make Bertelsmann a publicly held company, not about...

Author: /time Magazine | Title: Letters | 1/6/2005 | See Source »

...consider it the scientists' job to find the ultimate truth, even if, as your article reported, "most scientists consider appeals to a supernatural designer to be an intellectual dead end." If God truly exists, he will be around in spite of all denials and scientific theories. Eddie M.P. Mak Hong Kong...

Author: /time Magazine | Title: Letters | 1/3/2005 | See Source »

...that Yushchenko is committed to transforming Ukraine's corrupt economy and institutions into a more robust democracy. Mykola Yakovyna, a key campaign staffer, said: "There is much more to Yushchenko than meets the eye." He may at times seem soft and irresolute, but "nothing can be further from the truth...

Author: /time Magazine | Title: Who Is This Viktor? | 1/2/2005 | See Source »

...goes on in the locked magician's trunk of the unconscious will always be a mystery. But we can keep careful track of what goes into the box and what comes out of it. The unconscious mind is astonishingly good at filtering out superfluous data and seizing on essential truth, we learn, but too much time or information can confuse and blind it. And the unconscious mind can be trained. The psychologist John Gottman can watch a 15-minute videotape of a husband and wife about whom he knows nothing and predict with 90% accuracy whether they will still...

Author: /time Magazine | Title: Behavior: Jumping to Conclusions | 1/2/2005 | See Source »

...years, tradition has added layers to the tales: farm animals, three kings, the celebration of Christmas during the winter solstice. Inquisitive people--those who are not satisfied with the attitude of others who think they learned all they need to know about Christmas in kindergarten--can celebrate the truth behind the myths. If we can imagine humility instead of arrogance and pride; simplicity in a complex, greedy world; peace reigning over hate and war; and inclusivity rather than bigotry and oppression, then we can imagine the divine potential in a tiny baby...

Author: /time Magazine | Title: Letters: Jan. 10, 2005 | 1/2/2005 | See Source »

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