| EDUCATION |
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Bush, Kennedy
Revamp American Education
Top grade is now a
"B", failing
grade a "G". |
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| SPORTS |
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NBC Disqualifies 24 Olympic
Hopefuls
Personal tragedies deemed insufficiently
compelling. |
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| TRAVEL |
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Islamic Extremists Open Amusement
Park in Pakistan
Hoping to "put the fun back" in
fundamentalism. |
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| ALSO IN THE NEWS |
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New Findings:
Humans Intelligent in
77,000 B.C.
But not since. |
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| GUEST
COLUMN |
 by Kenneth Lay
CEO, Enron |
| Ordinary
folks are always coming up to me
on the street and asking,
"Ken, how'd you do it? How'd
you walk away from the rubble
with $150 million?" If I had
a nickel for every time I've been
asked, I'd have another $150
mil! |
| Hate to
disappoint, but there's no big
secret, just market
timing. Here's how:
first, I pretended Enron had $600
million in profits that we didn't
have (ha, ha!) to drive the stock
up to $90 a share. Then I sold.
Bingo! If my 20,000 employees had
been as smart as me, they'd have
sold like I did, before I froze
their 401(k)'s so they couldn't.
But the stock is still worth 26
cents a share, so it's not like
they have nothing. |
| My advice?
Know when to sell! (And have a
few friends in high places when
you need 'em!) |
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