Message-ID: <4457335.1075860860161.JavaMail.evans@thyme> Date: Fri, 18 Jan 2002 01:28:27 -0800 (PST) From: nytdirect@nytimes.com To: khyatt@enron.com Subject: Today's Headlines from NYTimes.com Friday, January 18, 2002 Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: The New York Times Direct X-To: khyatt@enron.com X-cc: X-bcc: X-Folder: \Kevin_Hyatt_Mar2002\Hyatt, Kevin\Deleted Items X-Origin: Hyatt-K X-FileName: khyatt (Non-Privileged).pst NYTimes HTML E-Mail
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January 18, 2002


QUOTE OF THE DAY
"Reassurance is good. Cash is better."
AHMAD FAWZI,of the United Nations, on American support for Afghanistan.
NATIONAL
U.S. Hunts 5 Men Seen on Tape, Saying They May Plan Attack
The Justice Department released photos and video excerpts of five suspected Al Qaeda members on Thursday who were taped offering "martyrdom messages."

Coal Town's Hopes Clouded by Killings of 3 at Law School
As townspeople absorbed the shootings at the Appalachian School of Law, the suspect in the murders was charged on Thursday.

Screening of All Checked Bags Is Starting, but Concerns Remain
Experts predicted only modest improvements in security, and hoped for only modest schedule disruptions as baggage checks begin on Friday

MORE NATIONAL NEWS


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INTERNATIONAL
In Shattered Kabul, Powell Vows Longterm U.S. Help for Afghans
In a whirlwind visit to Kabul on Thursday, Secretary of State Colin L. Powell pledged "significant" assistance to help rebuild Afghanistan.

Six Israelis Slain by Palestinian Gunman
A coming-of-age ritual turned into a scene of horror on Thursday after a Palestinian gunman walked into a reception hall in northern Israel and opened fire.

India Presses Its Conditions for Pullback From Border
India will not withdraw its forces from the border with Pakistan until raids end and Pakistan hands over suspected terrorists, India's defense minister said on Thursday.

MORE INTERNATIONAL NEWS


BUSINESS
S.E.C. Leader Says Auditing Industry Can't Police Itself
The head of the Securities and Exchange Commission proposed Thursday that the accounting industry should be policed by a group dominated by outside experts.

Deals That Helped Doom Enron Began to Form in the Early 90's
The financial dealings that played a central role in Enron's collapse were begun a decade ago by the finance officer at the time, Andrew S. Fastow.

Kmart Fires Its President and Names a Chairman
Kmart fired its president and named a new chairman, but failed to reassure investors, who are waiting for concrete signs that the company will not file for bankruptcy.

MORE BUSINESS NEWS


TECHNOLOGY
Plan to Split Up Antitrust Oversight Stalls
A plan by the Bush administration to give the Justice Department responsibility for oversight of mergers involving communications, entertainment and software companies was temporarily scuttled Thursday.

Solid Consumer Spending Bolsters Microsoft
Microsoft reported second-quarter results Thursday that surpassed Wall Street's expectations in both earnings and revenue.

I.B.M.'s Quarterly Sales and Profit Fall
I.B.M. reported that its sales and profits declined in the fourth quarter, but the results once again reflected the resilience of the world's largest computer company.

MORE TECHNOLOGY NEWS


POLITICS
Congress Rebuffed on Energy Documents
The White House refused to turn over documents demanded by Congress as part of an inquiry into workings of the administration's energy task force.

Bush's Advisers on Ethics Discuss Human Cloning
President Bush's newly appointed Council on Bioethics met for the first time and plunged into the thorny issue of human cloning.

Reopening of Senate Building Is Delayed
One day after officials declared the Hart Senate Office Building free of anthrax, they closed the building indefinitely.

MORE POLITICS NEWS


SPORTS
N.F.L. Warns Parcells About Tampering
The N.F.L., concerned that the Buccaneers and Bill Parcells may be skirting league tampering rules, issued a warning to both parties that could subject them to punishment.

Williams Leads No. 1 Duke Over Maryland
Jason Williams sank 3-pointers and made twisting shots near the basket, dazzling and dazing the Terrapins and helping Duke coast to victory.

Venus Williams Overcomes Slow Start
Venus Williams lost the first set in a hurry, but found her confidence and rhythm to top Slovakian teenager Daniela Hantuchova at the Australian Open.

MORE SPORTS NEWS


ARTS
Both Timeless and Timely: 'Roots' at Quarter-Century
Much has changed since the mini-series "Roots" aired in 1997, yet it remains a gripping tale of individuals whose stories became an emblematic historical saga.

The Body Imperfect, 50 Years Ago and Today
There are two shows of Irving Penn nudes in town: "Dancer" at the Whitney Museum of American Art and "Earthy Bodies" at the Metropolitan Museum of Art.

In the Orbit of Funk and Hip-Hop
"One Planet Under a Groove: Hip-Hop and Contemporary Art" at the Bronx Museum of the Arts explores the interplay between rap music, hip-hop culture and contemporary art

MORE ARTS NEWS


NY REGION
Grateful Egyptian Is Freed as U.S. Terror Case Fizzles
Abdallah Higazy was released because a private pilot told officials an aviation radio in Mr. Higazy's possession was his.

Contractors at Ground Zero Denied Insurance for Cleanup
Contracting companies excavating ground zero are working with energy and devotion, but without insurance.

Unemployment Rate Rises, Again, in Wake of Attack
Although the unemployment rate in New York City shot up last month to 7.4 percent, economists say the jump was not as bad as it could have been.

MORE NY REGION NEWS


OP-ED
A System Corrupted
By PAUL KRUGMAN
The Enron debacle is not just the story of a company that failed; it is the story of a system that failed.

The Chip on China's Shoulder
By NICHOLAS D. KRISTOF
Openness and political maturity in China is accompanied by a dangerous sign of political immaturity: a booming, aggrieved, chip-on-the-shoulder nationalism.

The Damaged Spirit of the Sept. 11 Fund
By FRED PRICE and MITCH KLEINMAN
The rules of the Victims Compensation Fund protect airlines and others from being sued while denying victims' families fair compensation.

MORE OP-ED NEWS


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