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Message-ID: <7786931.1075860863567.JavaMail.evans@thyme> Date: Tue, 5 Feb 2002 01:23:41 -0800 (PST) From: nytdirect@nytimes.com To: khyatt@enron.com Subject: Today's Headlines from NYTimes.com Tuesday, February 5, 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

February 5, 2002

QUOTE OF THE DAY
"I got 3,500 over 10 years, but our friend, Kay Bailey Hutchison, she got 99,000. Heck, I'm the chairman of the committee. That wasn't a contribution. That was an insult."
ERNEST F. HOLLINGS,chairman of the Senate Commerce Committee, when asked if he had received contributions from Enron.

NATIONAL
Bush's Aggressive Accounting
In short, the administration's strategy is to prevent criticism of what amounts to a fiscal debacle by wrapping its budget in the flag.

Cutting Taxes Faster Would Help Everyone
Government can't inject money into an economy unless it first takes the money out.

Security Kicks in Before the Winter Games
With opening ceremonies just four days away, all the plans to keep the Winter Olympics safe are kicking in.

MORE NATIONAL NEWS

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INTERNATIONAL
Annan Cautions Business as World Forum Ends
The United Nations chief closed the World Economic Forum by telling business leaders that "business cannot afford to be seen as the problem."

Iraq Proposes U.N. Talks, and Gets a Wary Reply
Iraq's offer for talks had all the hallmarks of an attempt by its leader, Saddam Hussein, to build up international resistance to an American attack.

Israeli's Dual Job: Chief of Defense, and Dissent
The man proposing to lead a coalition to unseat the prime minister is also in charge of leading the military methods the coalition is attacking.

MORE INTERNATIONAL NEWS

BUSINESS
Senators to Vote to Issue Subpoena to Ex-Enron Chief
Republicans and Democrats on the Senate Commerce Committee said they would vote Tuesday to issue a subpoena to compel an appearance by Kenneth L. Lay.

Deal at Enron Gave Insiders Quick Fortunes
A small group of insiders at Enron made millions in profits in secret deals with some of the partnerships that ultimately brought the company to its knees.

Ernst & Young Latest Auditor Moving to Alter Some Practices
Ernst & Young said that it would stop selling information technology services to companies it audits and that it would no longer serve as internal accountant and external auditor at the same company.

MORE BUSINESS NEWS

TECHNOLOGY
Hewlett Lifts Profit Outlook and Each Side in War Exults
Both sides in the spirited proxy contest over Hewlett-Packard's plan to buy Compaq Computer pointed to HP's performance, which was better than expected, as proof of their claims.

Williams Companies Lists Possible Steps to Bolster Rating
The Williams Companies said that it planned to step up asset sales and that it might issue shares to strengthen its balance sheet and retain its investment-grade credit rating.

Muslims Feel Sept. 11 Chill as Mecca Plays It Safe
The Saudis have begun collecting personal data from Muslim visitors to start a system for tracking and identifying them.

MORE TECHNOLOGY NEWS

POLITICS
As Troubles Multiply, the Budget Equation Changes
On Monday, President Bush sent Congress a new budget plan, which has little extra money for anything other than national security and tax cuts.

Senators to Vote to Issue Subpoena to Ex-Enron Chief
Republicans and Democrats on the Senate Commerce Committee said they would vote Tuesday to issue a subpoena to compel an appearance by Kenneth L. Lay.

Anti-Tax Leader Confesses He Used Campaign Money
Tim Eyman, a businessman who was the champion of several tax-cutting initiatives in Washington State, said on Monday that he had profited personally from political fund-raising drives.

MORE POLITICS NEWS

SPORTS
When Push Came to Shove, Patriots Did Both
The Patriots exerted their will on the Rams and forced the Super Bowl to be played on their terms.

Introverted Coach Finally Out of His Shell
As a winning Super Bowl coach, the Patriots' Bill Belichick has attained a stature that for years was thought to be beyond his personality.

In Great Matchup, Only Nets Are Great
Led by Keith Van Horn's 25 points, the Nets took apart the Kings, who had the N.B.A.'s best record entering the lopsided game.

MORE SPORTS NEWS

ARTS
Restoration of a Leonardo Is Ruled Out
Critics of the proposed restoration of "The Adoration of the Magi" see the decision as a moral victory and a personal vindication.

WNYC-FM Reassesses Program Format
Station managers are studying whether to cut back permanently on classical music as part of a larger plan to revamp all of its programming.

A Dead Man's Failed Muse and Lost Women
Athol Fugard's "Sorrows and Rejoicings" is a play about irrevocably divided selves.

MORE ARTS NEWS

NY REGION
Electricity Crisis Eases in New York
New York City, which faced an electricity crisis last summer, now has all the energy it needs through at least mid-2003 and perhaps beyond, experts say.

So Long New York, and Thanks for a Mostly Well-Ordered Bash
In the end, the World Economic Forum went off so smoothly that aside from some minor traffic inconveniences the lives of most New Yorkers were unaffected.

In Albany, School Boards Lose Backing
Black and Hispanic members of the State Assembly are saying New York City's community school boards have failed minority communities.

MORE NY REGION NEWS

OP-ED
Bush's Aggressive Accounting
By PAUL KRUGMAN
In short, the administration's strategy is to prevent criticism of what amounts to a fiscal debacle by wrapping its budget in the flag.

The Wrong Lessons of the Somalia Debacle
By NICHOLAS D. KRISTOF
With luck, Afghanistan will again prove that helping war-torn third-world countries is a smarter policy than running away from them.

Is the Human Rights Era Ending?
By MICHAEL IGNATIEFF
If Washington turns away, the human rights movement loses the one government whose power can be decisive in stopping human rights abuses.

MORE OP-ED NEWS

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