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...kids' schools. But he admits that making every PTA meeting is tough for parents who juggle two or three jobs. So in 2001, Keys, along with educational software company EPOS, launched Helping Involve Parents (HIP), an interactive program that allows parents and teachers to form their own communications network via the telephone or Internet. It's now used by 34,000 students and parents in 29 schools throughout New York City. The software program allows parents to view homework assignments, class schedules and student performance. Through HIP notification, parents are able to get instant feedback on student absenteeism and grades...

Author: /time Magazine | Title: Education: Forging the Future: Heads of the Class | 12/17/2004 | See Source »

...from Parmalat while at Bank of America. Most of it came directly from a refinancing of a 1999 Brazilian transaction that is now a central element of bankruptcy administrator Bondi's case against the bank. In that transaction Bank of America raised $300 million in funding from U.S. investors via two entities it set up in the Cayman Islands. The bank used the money to acquire an 18% stake in Parmalat's Brazilian group. News of the transaction sent Parmalat stock soaring 17% in a single day. Bondi alleges that this transaction fraudulently made a loan look like an equity...

Author: /time Magazine | Title: How It Went Sour | 12/17/2004 | See Source »

...Chicago that city officials, facing a $220 million budget shortfall for 2005, are breaking new revenue-collecting ground. Last week the city's department of cultural affairs launched a two-week "Great Chicago Fire Sale," hoping to raise at least $250,000 for its financially strapped arts programs via an eBay auction of Windy City items, including an original Playboy-bunny costume, lunch with Oprah's decorator and a chance to dye the Chicago River green on St. Patrick...

Author: /time Magazine | Title: Creative Thinking In Chicago | 12/17/2004 | See Source »

...Jesus leads him to order the death of all local children under age 2. That "Slaughter of the Innocents" is a near replay of a much earlier infanticide: Pharaoh's murder of all the male infants of Israel in Exodus. Jews would recall that Pharaoh's most famous escapee (via those bulrushes) was Moses, who eventually received the Law from God at Sinai. Through the echoing narrative, Matthew was arguing for Jesus as Moses' successor. Says The Birth of Christianity's Crossan: "One of the things Matthew's going to do later in his Gospel is have Jesus...

Author: /time Magazine | Title: Religion: Behind The First Noel | 12/17/2004 | See Source »

...spending shareholders' money, keeps costs down when traveling too. Says Sarah Teslik, former chief of the Council of Institutional Investors, who invited Krishnamurthy to address her members last year: "Unlike most CEOs, who come with entourages, fly in their own planes and, in general, act royal, we discovered--via the hotel's rooming list--that he had booked the cheapest single in the hotel, right beside the kitchen." --By Julie Rawe

Author: /time Magazine | Title: Balaji Krishnamurthy: Planar Systems | 12/17/2004 | See Source »

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