Corrections & Clarifications
"Richard Perle is not alone" (Cover Story, Apr. 7, 2003)
Henry Kissinger did not set up a venture capital firm with Richard Perle called Trireme Partners, to invest in defense and homeland-security companies ("Richard Perle is not alone," Cover Story, Apr. 7). He agreed only to serve on an advisory board to Trireme, which was supposed to meet once a year. It has never met. Kissinger has no financial interest in Trireme, has never received any payment from it, and, since agreeing to act as an adviser, says he has had no discussions about it with Perle.
"Should you pay with plastic?" (BusinessWeek Investor, Mar. 31, 2003)
In "Should you pay with plastic?" (BusinessWeek Investor, Mar. 31), Official Payments Corp. is the company that processes tax payments by credit card for 21 states and the District of Columbia.
"Classy cars" (Special Report, Mar. 24, 2003)
In "Classy cars" (Special Report, Mar. 24), BusinessWeek reported that three years after purchase, a $30,000 Ford Thunderbird retains just 29% of its value, while a $38,000 BMW 3 Series holds 60% of its value over the same period. BusinessWeek stands by its calculations of residual value. But it regrets the choice of the Ford Thunderbird as the base of comparison: The T-bird went out of production in the late 1990s, then reappeared in the 2002 model year as a completely different car.
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Copyright 2003, by The McGraw-Hill Companies Inc. All rights reserved.
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