Enron Mail

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Subject:Today's Headlines from NYTimes.com Sunday, February 3, 2002
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Date:Sun, 3 Feb 2002 07:04:19 -0800 (PST)


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February 3, 2002 QUOTE OF THE DAY "Miramax spends a fortune. And the p=
eople over at DreamWorks run a campaign like they've got a candidate in t=
he New Hampshire primary." TOM ORTENBERG, of Lions Gate Films, on campaign=
ing for Oscar nominations. NATIONAL Hard-Pressed Parents Fall Behind on T=
uition Showing the extent to which the recession is squeezing middle- and =
even upper-class families, many are seeking extensions on tuition bills. =
Churches on Right Seek Right to Back Candidates Religious conservatives ar=
e starting a campaign to remove the prohibition of churches endorsing polit=
ical candidates. State Seeks Child Parents Don't Acknowledge A couple be=
longing to a Massachusetts religious sect have been ordered by authorities =
to turn over a child that is believed to be in danger. MORE NATIONAL NE=
WS Advertisement Sign up now for DealBook for Breaking News and Marke=
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st comprehensive news about market-moving mergers and acquisitions, IPOs, p=
rivate equity transactions, venture capital deals and Wall Street maneuver=
ings, all delivered before the market's opening bell. Edited by Andrew Ro=
ss Sorkin. Sign up now! [IMAGE] INTERNATIONAL The Palestinian Vision o=
f Peace Palestinians want to live as equals alongside Israel in an indepen=
dent and viable state on the territories occupied by Israel in 1967. Econ=
omic Forum Shifts Its Focus to New Dangers Usually preoccupied with techno=
logy and borderless commerce, participants at the World Economic Forum this=
year seem more obsessed with their vulnerabilities. New Hope That Kidnap=
ped Journalist Is Alive The Pakistani police searched for a missing Americ=
an reporter after e-mail messages said he had been killed, but a new e-mail=
offered hope that he may be alive. MORE INTERNATIONAL NEWS BUSINESS=
Enron Panel Finds Inflated Profits and Few Controls In a report released =
Saturday night, a special committee of Enron's board said that the company =
had falsely inflated its profits by almost $1 billion last year. Enron Sc=
andal Shocks Even Those Who Helped It Along Some of the lawmakers and re=
gulators investigating some of the causes behind the Enron-Arthur Andersen =
scandal may need to look no further than a mirror. Even Last Year, Option=
Spigot Was Wide Open As corporate earnings and cash flow have ebbed and s=
tock prices have fallen, boards have been doling out options as a cheap, ba=
lance-sheet-friendly way of compensating managers. MORE BUSINESS NEWS =
TECHNOLOGY The Strong Will Survive the Fallout in Telecom Adam Quinton, =
head of global telecommunications research at Merrill Lynch, talked last we=
ek about the current grim state of the industry and its future. Losses So=
ur Companies on Venture Investments When the economy took a turn for the w=
orse last year, so did the fate of billions of dollars in venture investmen=
ts by many corporations. Europe Is Said to Be on Verge of Ending Case Aga=
inst Intel The European Commission is about to drop its antitrust investig=
ation of the Intel Corporation, a person close to the investigation said. =
MORE TECHNOLOGY NEWS POLITICS Gore Rebukes Bush, and Tries to Mend Fe=
nces at Home in Tennessee Al Gore re-emerged in his home state, criticizin=
g President Bush's policies on several domestic issues. Bush Hires Hard-L=
iners to Handle Cuba Policy The Bush administration is filling its Latin A=
merica policy ranks with officials known for a hard-line stance toward Fide=
l Castro's government. Bush Budget Links Dollars to Deeds With New Rating=
s President Bush's proposed budget plan will for the first time formally a=
ssess the performance of government agencies and link their financing to th=
e grades they receive. MORE POLITICS NEWS SPORTS A Game That's All a=
Matter of Vision As if the magnitude of the game isn't big enough, there =
will be the extra pressure of a personal battle between Mike Martz and Bill=
Belichick in the Super Bowl. Coaching Results: Will X or O Determine Hir=
ings? The winner of this Super Bowl will affect coaching hirings for seaso=
ns to come and will impact the way the game is played. Kidd's Big Shot Gi=
ves Nets Big Victory Jason Kidd's 31 points included a clinching 3-pointer=
that pushed the Nets over Toronto. He posted his second consecutive triple=
-double in the win. MORE SPORTS NEWS ARTS What Price Buzz? Hollywood=
Breaks Bank for Oscar Race Hollywood studios are in the middle of the b=
iggest Oscar spending spree in history. What Price Success for a Newly Po=
pular BBC? The BBC beat its main rival, ITV, in the 2001 ratings race. The=
hallowed institution now finds itself being accused of having lowered its =
standards. For Frances's Youth, 'un Teen Movie' French filmmakers have n=
ewly taken on a staple of American culture the teen movie and its raw tr=
eatment of teenage sexuality. MORE ARTS NEWS NY REGION Near Ground Z=
ero, Adage Is Location, Location and Luck The successes and failures of bu=
sinesses near the former World Trade Center site can be traced to multiple =
factors. Bush Administration Approves $700 Million Grant to Help Rebuild =
Lower Manhattan The money is intended to create jobs and revive businesses=
devastated by the terrorist attack on the World Trade Center. 36 Are Arr=
ested, but Demonstrations Remain Peaceful Saturday's protest agenda at the=
World Economic Forum turned out to be largely without incident. MORE N=
Y REGION NEWS OP-ED The Dude and the Dud By MAUREEN DOWD How on eart=
h-in-the-balance can Al Gore succeed now that the Dude has morphed into=
the Man? The End of NATO? By THOMAS L. FRIEDMAN The United States has=
become so much more technologically advanced than any of its NATO allies t=
hat America increasingly doesn't need them to fight a distant war. The Pa=
lestinian Vision of Peace By YASIR ARAFAT Palestinians want to live as e=
quals alongside Israel in an independent and viable state on the territorie=
s occupied by Israel in 1967. MORE OP-ED NEWS About This E-Mail You=
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