Word for Word/Department of Corrections; And Now, a Few Words We Wish Had Never Been Written
Date: 20 January 2002
By Scott Veale
Scott Veale
Word for Word column offers cornucopia of winceworthy errors in pages of The New York Times, from mangled spellings to mangled history; excerpts are from book Kill Duck Before Serving: Red Faces at The New York Times, edited by Linda Amster and Dylan Loeb McClain (M)
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Two Papers' War of Words Is War of Numbers, Too
Date: 20 January 2002
By Seth Kugel
Seth Kugel
Riverdale Review, newspaper that is distributed for free in Riverdale, NY, runs full-page ads aimed at drawing advertisers claiming circulation at its rival, Riverdale Press, declined 44 percent in 2001; Press co-publisher Richard Stein says circulation drop, far less than claimed by Review, was caused by misunderstanding; photos (M)
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Writer's Cell Block
Date: 20 January 2002
By Amy Barrett
Amy Barrett
Interview with writer Vanessa Leggett on her five-month imprisonment for refusing to turn over research notes about 1997 murder case; her photo (M)
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Web of Safeguards Failed as Enron Fell
Date: 20 January 2002
By Richard W. Stevenson and Jeff Gerth
Richard Stevenson
Experts agree that system of safeguards put in place over years to protect investors and employees from catastrophic corporate implosion largely failed to detect or address problems that felled Enron Corp; say breakdown in checks and balances encompassed company's auditors, lawyers and directors, and extended to groups monitoring Enron from outside, like regulators, financial analysts, credit-rating agencies, media and Congress; company's demise prompts Congress to schedule blizzard of hearings, and seems sure to bring legislative changes as well as sweeping reviews by regulators, accounting and law firms and corporate boards; in Enron's case, questions extend to political influence wielded by company; it could be months before criminal, civil and Congressional investigations unearth all facts of Enron's collapse; much of early attention is focusing on performance of Enron's accounting firm, Arthur Andersen, whose primary function was to assure that company was accurately and completely disclosing its financial results and condition; Andersen gave that assurance in two statements at back of Enron's last annual report; Andersen may have had reason to view Enron through flattering lens, given its symbiotic relationship with company: while acting as Enron's auditor, it was also getting lucrative consulting work from Enron; photos (L)
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A 'Help Wanted' Sign Fails to Stir Much Help
Date: 20 January 2002
By Robert A. Hamilton
Robert Hamilton
Electric Boat, which is partnering with Newport News Shipbuilding, is having difficulty recruiting workers to build Navy's next-generation Virginia-class nuclear-powered submarines at its shipyard in Groton, Conn; president Michael Toner says challenge is finding workers not challenged by perception that wild swings in workloads leads to layoffs after a year or two; photos (M)
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NEXTEL HIRES I.B.M. FOR CUSTOMER SUPPORT
Date: 19 January 2002
By Bloomberg News
Bloomberg News
Nextel Communications hires International Business Machines to provide certain customer-service functions; values outsourcing deal at $1.2 billion over eight years (S)
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HEWLETT SAYS DIRECTOR IS MISLEADING ON DEAL
Date: 19 January 2002
By Bloomberg News
Bloomberg News
Hewlett-Packard Co's eigth other directors charge director Walter Hewlett misleads investors on purchase of Compaq Computer Corp, which he opposes, letter to shareholders backing deal (S)
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RALSTON CHAIRMAN TAKES STAKE IN CHURCH & DWIGHT
Date: 19 January 2002
By Bloomberg News
Bloomberg News
William Stiritz reports taking 5 percent stake in Church & Dwight Co, maker of Arm & Hammer products (S)
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STOP AND SHOP TO BID FOR 27 SHOPRITE SUPERMARKETS
Date: 19 January 2002
By Bloomberg News
Bloomberg News
Stop and Shop Supermarket Co, Royal Ahold NV unit, plans to buy 27 ShopRite stores in New York for $255 million from creditors of Big V Holding Corp's bankrupt Big V Supermarkets unit; competes with bid from Wakefern Food Corp (S)
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REGULATORY AGENCY PROPOSES $6 MILLION FINE FOR SBC
Date: 19 January 2002
By Bloomberg News
Bloomberg News
Federal Communications Commission proposes fining SBC Communications Inc $6 million, largest ever proposed by FCC, for allegedly failing to offer rivals fair terms for access to parts of its network in five states (S)
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