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ISSUE DATE: December 16, 2002
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U.S. EDITION
Full Table of Contents
Cover Story
Special Report -- The Best Products of 2002
Up Front
Readers Report
Corrections & Clarifications
Books
Technology & You
Economic Viewpoint
Business Outlook
News: Analysis & Commentary

In Business This Week
Washington Outlook
International Business
International Outlook
Information Technology
Sports Business
Working Life
Legal Affairs
Finance
Developments to Watch

The Corporation
Government
BusinessWeek Investor
Dividends
The Barker Portfolio
Inside Wall Street
Figures of the Week
Editorials


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



COVER STORY

The Future of the Fed
Alan Greenspan has guided the U.S. through boom and bust. A new debate over policy is just beginning
COVER IMAGE:  The Future of the Fed
GRAPHIC:  Looking Back: The Legacy of Alan Greenspan
GRAPHIC:  The Present: Problems, Problems
GRAPHIC:  Looking Ahead: What's Next?
GRAPHIC:  Who Will Be the Next Chairman?


SPECIAL REPORT -- THE BEST PRODUCTS OF 2002

The Best Products of 2002
Key-chain credit cards, perfect putters, forever flashlights.... Why didn't anyone think of them before?

Products to Watch


UP FRONT

Talk Show

There's a Doctor in the House

E-Mail? What E-Mail?

Saint Nick Confidential

Global Competitiveness

Hold the Bravado, Please

It's Your Rodeo--Er, Funeral

No Brussels Sprouts for Me


READERS REPORT

A Response from Ken Lipper

Executive Moms at Home: Progress or Privilege?

Chemo Isn't As Brutal As It Used to Be

Chef Solutions Says Its Labor Relations Are Just Fine


CORRECTIONS & CLARIFICATIONS

"The Zagat guide to just about everything" (News: Analysis & Commentary, Dec. 9, 2002)

"SUV haters of the world, unite" (Up Front, Dec. 9, 2002)


BOOKS

Inside the White House After September 11


TECHNOLOGY & YOU

The Coming Age of DVD Burners


ECONOMIC VIEWPOINT

Why Bush Must Not Lose Sight of Latin America


BUSINESS OUTLOOK

U.S.: The Winter Landscape Isn't As Bleak As It Looks

Brazil: A Perilous Course for Lula


NEWS: ANALYSIS & COMMENTARY

Inching Toward Tax Reform

For Domestic Programs, the Bucks Stop Here

Q&A: Will Overseas Boards Play by American Rules?

Commentary: Slow Down Those Assembly Lines

Earnings: On the Road to Recovery

Merck's New Alchemist

IBM: A Matter of Rational Self-Interest


IN BUSINESS THIS WEEK

Dennis FitzSimons: The Key to Tribune's Kingdom

United: Losing Altitude

Leaving Detroit in a Cloud of Exhaust

A Wounded Tenet Soldiers On

Disney Redraws the Board

Microsoft Is Not Out of the Woods

Et Cetera...

Braking


WASHINGTON OUTLOOK

The Enviros Try an End Run Around Washington

Whither Harvey?

Gramm's Leftovers

Boeing Lease Stalled


INTERNATIONAL BUSINESS

Is Britain Europe's New Sick Man?

Chechnya: "Life Is Horrible"
President Putin has pledged to integrate the troubled region into Russia, but there's been little progress in rebuilding its economy

Negotiating Europe's Curves
Japanese carmakers hope to speed up Continental drivers' pulse with their stylish new models
Q&A: Carlos Ghosn: What Japan Needs Is a Vision


INTERNATIONAL OUTLOOK

Germany: Schroder's Woes Could Paralyze Policy
He has lost credibility with voters, who don't see a strategy to get the ailing economy back on track

Lula Heads for Washington

A Reprieve in Egypt?


INFORMATION TECHNOLOGY

AOL: Anatomy of a Long Shot
Jonathon Miller: The Quiet Executive


SPORTS BUSINESS

The Winning Ways of the NBA's Bad Boy

Commentary: All the Augusta News That's Fit to Print


WORKING LIFE

Compensation Is Getting Personal
The End of One Size Fits All?
ONLINE EXTRA:  Turning HR into a Science


LEGAL AFFAIRS

Year of the Whistleblower
Was Sherron Watkins Really So Selfless?
ONLINE EXTRA:  The Whistleblowers' Senate Champion


FINANCE

Analysts Who Get It

Revenge of the Investor


DEVELOPMENTS TO WATCH

The Podunk Post on Sale at the Eiffel Tower

A Taxi You Hail and Bail

We All Scream for Thermoacoustics

Innovations


THE CORPORATION

FedEx: Gaining on the Ground


GOVERNMENT

Commentary: Welcome to the Republic of California


BUSINESSWEEK INVESTOR

Angling for a Board Seat?

What to Do with a Ravaged IRA

Whittle Away Your Tax Bill

Q&A: Go Easy on the Munis

This Wagon Can Move

A Cyclist's New Best Friend

Turn the Family into High Art


DIVIDENDS

The Stat

Cash Injection

Mind Yer Manners

Poor Pension Plans

Female Initiative


THE BARKER PORTFOLIO

How Funds Vote Shouldn't Be a Secret


INSIDE WALL STREET

Sweeter at Apple?

Sharpening Microvision's Focus

A Cancer Drug Nears the Home Stretch


FIGURES OF THE WEEK

Figures of the Week


EDITORIALS

Lessons of the Greenspan Era


INTERNATIONAL -- READERS REPORT

Rethink the Death Toll for the Battle of Stalingrad

Slovenia: Never Soviet, Never Soviet Bloc

Wireless Needs to Connect with the Little Guy

SMIC Doesn't Sidestep Rules on Selling Tech to China

Face-Off on Boeing's Blended-Wing Design

Fastweb's Service in Italy: Hold Off on the Hosannas

Keep Business "Leaders" out of Foreign Policy

Sun's McNealy Has Better Vision Than His Critics


INTERNATIONAL -- ASIAN BUSINESS

Japan's Chip Industry Is on the Comeback Trail
The Secrets of Samsung's Success

Why Hong Kong's Developers Are Throwing Bricks

Taiwan: So Much for Independence?


INTERNATIONAL -- EUROPEAN BUSINESS

For Italian Winemakers, It's a Very Good Year
They're modernizing fast -- and Italy's table-wine exports to the U.S. have surpassed those of France


INTERNATIONAL -- LATIN AMERICA

Where Lula May Look for Bright Ideas


INTERNATIONAL -- FINANCE

Bonus Boomerang in Taiwan?


INTERNATIONAL -- INT'L FIGURES OF THE WEEK

Int'l Figures of the Week
BW MagazineOnline Highlights from this issue
BW MagazineMagazine Forums


BW Magazine



Cover Photograph by Katherine Lambert

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Battling Global Warming
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What's Hot at CES
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Tech Buying Guide
Products for the digital home: HDTV, Wi-Fi cameras, iPod-run home audio and more

Next for Apple...
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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
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High taxes, rigid rules, and elusive capital aren't stopping these powerhouses

China and India
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Stars of Europe
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Stars of Asia
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The BW50
Our 2005 picks for the top performers among the S&P 500

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