BusinessWeek magazine: The most-read source of global business news
SEARCH SITE

Advanced Search
Top News BW Magazine Investing Asia Europe Technology Autos Innovation Small Business B-Schools Careers BusinessWeek Channels : BW Magazine, Daily Briefing, Investing, Asia, Europe, Technology, Autos, Innovation, Small Business, B-Schools and Careers
ISSUE DATE: September 23, 2002
=Subscribers Only



U.S. EDITION
Full Table of Contents
Cover Story
Up Front
Readers Report
Corrections & Clarifications
Books
Technology & You
Economic Viewpoint
Economic Trends
Business Outlook
News: Analysis & Commentary

In Business This Week
Washington Outlook
International Business
International Outlook
The Corporation
Developments to Watch
Management
People
Information Technology
Finance

BusinessWeek Investor
BusinessWeek Lifestyle
The Barker Portfolio
Inside Wall Street
Figures of the Week
Editorials


INTERNATIONAL EDITIONS
International -- Readers Report
International -- Asian Business
International -- European Business
International -- Finance
International -- Int'l Figures of the Week



COVER STORY

The Good CEO
There are plenty of ethical corporate leaders. Here are just a few who built enduring U.S. companies without bending the rules
COVER IMAGE:  The Good CEO
James Sinegal, Costco
GRAPHIC:  James D. Sinegal
Reuben Mark, Colgate-Palmolive
GRAPHIC:  Reuben Mark
James Morgan, Applied Materials
GRAPHIC:  James C. Morgan
James Keyes, Johnson Controls
GRAPHIC:  James H. Keyes
Harold Messmer, Robert Half International
GRAPHIC:  Harold M. "Max" Messmer Jr.
Joseph Neubauer, Aramark
GRAPHIC:  Joseph Neubauer
ONLINE EXTRA:  Q&A with Good to Great Author Jim Collins


UP FRONT

Talk Show

A Big Fat Slap at B-Schools

Guess Who Has the Hottest Stock Market

This Cleaner Shines Onscreen

For Creditors, the Toy Chest Is Bare

Starbucks' Asian Tea Party

Want to Break into the Chicago Fed?


READERS REPORT

Don't Blame the Internet, Blame Human Nature

Exxon Said It Was Sorry for the Valdez Oil Spill

Tort-Reform Advocates Don't Trust Citizen Juries

Hershey's Founder Cared About More Than Money


CORRECTIONS & CLARIFICATIONS

"Why is Christopher Robin sobbing?" (Entertainment, Sept. 16, 2002)


BOOKS

How the College Crapshoot Works


TECHNOLOGY & YOU

Microsoft's New Gig for PCs: Entertainer


ECONOMIC VIEWPOINT

The White House Is No Place for Voodoo Accounting


ECONOMIC TRENDS

Really Grand Openings

Investors Are on the Run

I'm Ok, If You're Ok


BUSINESS OUTLOOK

U.S.: Jobs on the Horizon, but It's a Far Horizon

France: Business Is Weighing Down the Recovery


NEWS: ANALYSIS & COMMENTARY

What War with Iraq Would Do to the Economy

Commentary: Can Team Bush Regain Momentum?

Bonds: Safe Harbor--or Treacherous Waters?
COMMENTARY:  Bring Back 30-Year Treasuries

Commentary: Are We Looking at Dow 5000? Fund Manager Bill Gross Says Maybe

Home Mortgages: Where the Money Is Easy--Too Easy

Commentary: Jack Welch: The Fall of an Icon

Commentary: Options: Clearing the Fog for Investors


IN BUSINESS THIS WEEK

Charles Prince: Salomon's Persuasive Prince

Ford Is Running a Bit Smoother

Genentech's Latest Setback

Disney Investors Get Their Say

Qwest Pulls in Its Horns

A Fresh Stew for Martha

Et Cetera...

Wild Blue


WASHINGTON OUTLOOK

Can U.S. Farmers Break Open Trade with Cuba?

Secretary Schwab?

Narrowing Search


INTERNATIONAL BUSINESS

Germany's Edmund Stoiber: Less Than Meets the Eye?

Japan's Blue Chips Are Getting Beat Up

The Great Firewall of China


INTERNATIONAL OUTLOOK

Why Jordan Is Terrified of a U.S. Attack on Iraq

Austria's Political Shift


THE CORPORATION

A Hit Parade for BMW?


DEVELOPMENTS TO WATCH

Afghanistan: Seeds of Destruction

A Sedimental Journey to Find Natural Gas

Let No Wine Be Served After Its Time

Clones Have Ills the Naked Eye Can't See


MANAGEMENT

When the Going Gets Tough, Turnaround Specialist Jay Alix Gets Busy


PEOPLE

This Bleeding Heart Lawyer's Pet Cause: Fat Cats


INFORMATION TECHNOLOGY

What Did Ebbers Know?

Commentary: Only Major Surgery Can Revive Nortel


FINANCE

Can John Mack Be a Wall Street Reformer?
ONLINE EXTRA:  Q&A with CSFB's John Mack

The Buyback Boomerang


BUSINESSWEEK INVESTOR

Buying Bonds Online: Where's the Upside?

Searching for Safety in Stable-Value Funds

Working Moms: Don't Feel So Guilty


BUSINESSWEEK LIFESTYLE

Smaller Carry-Ons That Still Carry It All

Once Again, a Bentley Worthy of the Name


THE BARKER PORTFOLIO

The Money in Creature Comforts


INSIDE WALL STREET

An LBO at Gateway?

Six Flags: It's Gates vs. the Shorts

Spotting Anthrax at the Post Office


FIGURES OF THE WEEK

Figures of the Week (.pdf)


EDITORIALS

White Hats in the Corner Office

The U.S. Can't Go It Alone, Mr. Bush


INTERNATIONAL -- READERS REPORT

More Ideas, Please, to Make the World Cleaner

Can Sumo Get Its Groove Back?

Why Japan's Culture Leads to Corruption

Who Destroyed Wall Street's Faith?

AOL's Business Plan Is "Appalling"

Silicon Glen: Still Taking the High Road

Don't Insult the Taiwanese


INTERNATIONAL -- ASIAN BUSINESS

Thailand's Debt Undertow

Kashmir's Elections Bring a Whiff of Hope
ONLINE EXTRA:  "The Human Aspect of Kashmir Is Ignored"
ONLINE EXTRA:  "There Has Been a Huge Change"


INTERNATIONAL -- EUROPEAN BUSINESS

The Biggest Test for Italy's Mr. Fixit
Can Paolo Scaroni, new chief of Enel, prepare the lumbering state-owned energy conglomerate for privatization?

Will Decaux's Street Smarts Work in the U.S.?
The French outdoor advertiser takes on powerful American rivals with its ad-covered bus shelters


INTERNATIONAL -- FINANCE

Europe's Insurers Are Full of Holes
The plunge of equity and corporate bond markets has so battered the industry that many may be forced to merge

Q&A: Making the Most of Wireless
Adrian Brass, London-based fund manager with Investec, talks about his tough-times strategy

Chinese Companies Are Going Where the Money Is


INTERNATIONAL -- INT'L FIGURES OF THE WEEK

International Figures of the Week (.pdf)


ARTICLES PREVIOUSLY PUBLISHED IN INTERNATIONAL EDITIONS

September 16, 2002
Mexico's War of the Megastores

BW MagazineOnline Highlights from this issue
BW MagazineMagazine Forums


BW Magazine



Cover Photography by Aaron Goodman

For articles in the September 23, 2002 domestic edition previously published in international editions

RECENT ISSUES
9.11: What Has Changed
Planet Starbucks

Search Previous Issues
Subscribe to BW Magazine


Video Views


Bond Buyer Beware
Investors are flocking to bonds online, but be careful -- cyber-brokers may charge a stiff commission, says BW's Susan Scherreik


Slower Momentum
Manufacturing has tapered off in recent weeks, and job losses in August were surprisingly big, says BW's Kathleen Madigan


Home Economics
S&P's Erik Eisenstein says low rates make home financing a hot market. His top plays? Countrywide Credit and Indymac Bank


White-Hat CEOs
In the wake of corporate scandals, BW's Bruce Nussbaum says it's time to point out some execs who still deserve respect


Bad Ideas
BW's Bob Dowling says Japan's banks and Europe's insurers are making some big mistakes

  SPECIAL REPORTS
The IT 100
Emerging-market cellular players, wireless phone and gear makers, and Web giants are this year's stars

Math's New Era
More math geeks are calling the shots in business. Is your industry next?

Tech Trends 2006
The war for the digital home, social networks, Vista, game consoles, tech hiring, and more

Dream Machines
Auto makers are innovating at full speed -- and giving buyers the power to shape their vehicles

2006 Investment Outlook
Prospects are basically positive: Growth is brisk and corporate profits are climbing

Battling Global Warming
How top companies are reducing emissions of CO2 and other greenhouse gases

What's Hot at CES
What's on tap at the big Consumer Electronics Show? A slew of new flat-panel sets and falling prices

Tech Buying Guide
Products for the digital home: HDTV, Wi-Fi cameras, iPod-run home audio and more

Next for Apple...
How can Jobs & Co. keep its lead? Here are some possibilities

Best of the Web
No longer for idle wanderings or passive viewing, the Web is about socializing, sharing -- and creating

Open Source:
The Next Generation

Now it's an ecosystem -- and VCs are eager to help

Global Brands
The companies that best built their images -- and made them stick

Europe's Hot Growth
Companies

High taxes, rigid rules, and elusive capital aren't stopping these powerhouses

China and India
The balance of power will shift to the East as China and India evolve

Stars of Europe
25 leaders at the forefront of change

Stars of Asia
The 2005 lineup reflects the growing importance of China and India

EMBA Rankings
Northwestern's Kellogg School solidified its hold on the No. 1 spot

Head of the Class
Ranking B-school executive education

Winners
The best product designs of 2005 from the Industrial Design Excellence Awards

Hot Growth
Talent, teamwork, and creativity powered this year's list of the 100 best small companies

The BW50
Our 2005 picks for the top performers among the S&P 500

More Special Reports

TODAY'S MOST POPULAR STORIES

  1. Smashing The Clock
  2. Home Depot: A Big Orange Buyout?
  3. The 25 Best Affordable Suburbs in the U.S.
  4. The Google/YouTube Come-On
  5. Surprise: Oil Woes In Iran

Get Free RSS Feed >>
  MARKET INFO
DJIA 12194.13 -27.80
S&P 500 1396.71 -3.92
Nasdaq 2413.21 -18.56