ISSUE DATE: April 1, 2002
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U.S. EDITION
Full Table of Contents
Cover Story
Special Report
Up Front
Readers Report
Corrections & Clarifications
Technology & You
Books
Economic Viewpoint
Economic Trends
Business Outlook

News: Analysis & Commentary
In Business This Week
Washington Outlook
International Business
International Outlook
Information Technology
Finance
Industrial Management
Legal Affairs
Industries

Developments to Watch
The Corporation
Working Life
BusinessWeek Lifestyle
BusinessWeek Investor
The Barker Portfolio
Inside Wall Street
Figures of the Week
Editorials


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



COVER STORY

Restating the '90s
We now have enough perspective to look back at the last decade and assess what was real--and what wasn't
COVER IMAGE:  Restating the '90s
CHART:  Faster Productivity Growth...Drove Up Pay Enough...To Push Down Profits
CHART:  Investor Returns Lagged...As Exports Missed Expectations....And the Tech Sector Tanked
CHART:  Good News for the Less Skilled
CHART:  Education Levels Rose
CHART:  Workers Did Better in the 1990s...As Unemployment Dropped...And Investment Soared


INTERNATIONAL -- INT'L COVER STORY

World Cup Follies
In hosting football's biggest event, Japan and Korea are reigniting old rivalries


SPECIAL REPORT

What Ails Wireless?
Motorola and Nortel: Two Against the World?
Telcos in Hell


UP FRONT

Talk Show

Bring Back the Dimpled Chads

Charm School for Mutual Funds

Ms. Returns--With a Difference

How an MBA Can Bend Your Mind

The Ladyphone Is No Lady

As the Downturn Turns


READERS REPORT

Memo from Jean-Marie Messier

Sony's Customers Are Tired of Waiting

Setting the Record Straight on Drug Development

Three Cheers for Early-Decision Admission

Enron: No Profits, No Taxes Is More Like It

Liberal Arts Colleges Have Mastered the Personal Touch

Barro Got It Wrong about American Volunteerism

Harley Owners Aren't Out to Save Money


CORRECTIONS & CLARIFICATIONS

"Do housing subsidies work?" (Economic Trends, Feb. 18, 2002)


TECHNOLOGY & YOU

Broadband Needs Home Improvement


BOOKS

We Shop, Therefore We Are

The BusinessWeek Best-Seller List


ECONOMIC VIEWPOINT

Big Steel Doesn't Need Any More Propping Up


ECONOMIC TRENDS

U.S. Consumers: Not So Broke

When Hospitals Get Graded

The Work-At-Home Continent


BUSINESS OUTLOOK

U.S.: No More Pedal to the Metal for the Fed

Britain: Brighter Prospects--and Rate-Hike Rumblings


NEWS: ANALYSIS & COMMENTARY

Reform Lite
COMMENTARY:  Andersen: The Heavy Hand of Justice

A Major Boon for Accounting's Minor League

Commentary: Options: It's Time for Companies to Come Clean

What Price Victory at Hewlett-Packard?
Why a Bold Management Plan Didn't Work

Road Warriors Fly Smart

GM: Going After the Young and the Thrifty


IN BUSINESS THIS WEEK

Peter Dolan: Is Bristol-Myers Takeover Bait?

Credit Raters Take It on the Chin

Lower Air Freight Doesn't Faze FedEx

The Street Spies a Flaw at Gemstar

Conseco's Money-Saving Maneuver

Shrinking the Menu at Putnam

Et Cetera...

Dollar Days


WASHINGTON OUTLOOK

The Club That's Clubbing Republican Moderates

What's Red All Over?

Clinton Inc.

Avuncular Advertising


INTERNATIONAL BUSINESS

Matsushita's Long March

Canal+ Takes a Hit from the Pirates

Commentary: The Fast Fall of France's Celebrity CEOs


INTERNATIONAL OUTLOOK

The Mideast: Why Washington May Give Abdullah's Plan a Try

Italy's Dangerous Showdown


INFORMATION TECHNOLOGY

A Talk with Scott McNealy


FINANCE

Bullish on Bankruptcy
RESUME:  Wilbur Ross: The Bankruptcy King

Dead Dot-Com? Marty's Your Man

Wall Street: More Heads Will Roll

Commentary: Stocks: The Case for Unsplitting


INDUSTRIAL MANAGEMENT

Commentary: Freight Transport: Safe from Terror?

Commentary: Saying "No Thanks" to Overnight Air


LEGAL AFFAIRS

The Highest Court You've Never Heard Of


INDUSTRIES

Online Travel Takes Wing


DEVELOPMENTS TO WATCH

Introduction

Where Do Fractal Structures Lead?

Factoring Biology into Computing

Fine-Grained Traffic Control

Innovations


THE CORPORATION

Target Takes a Gamble the Markets Don't Like


WORKING LIFE

Commentary: Goodbye, Boss Lady. Hello, Soccer Mom


BUSINESSWEEK LIFESTYLE

Turn Those Old LPs into New CDs


BUSINESSWEEK INVESTOR

Weighing the Balance Sheet

This Tech Maven Plays Both Sides Now

Calm in a Cyclone: Profile of a Leader
RESUME:  Marion C. Blakey


THE BARKER PORTFOLIO

Deal Mania, Sandy Weill-Style


INSIDE WALL STREET

More Gold at Midas?

Getting Casinos Ready to Roll

Tutogen May Get a Facelift


FIGURES OF THE WEEK

Figures of the Week (.pdf)


EDITORIALS

Restating the '90s: Myth and Reality

A Blow to Accounting Reform


INTERNATIONAL -- READERS REPORT

What's Needed for Peace in Israel

Kirch: Crony Capitalism?

Tax Dodging: Managers Aren't Solely to Blame

Barro Gets It Mostly Right, but Not on Iran's Economy


INTERNATIONAL -- ASIAN BUSINESS

Haier's Tough Trip from China

Will Wal-Mart Conquer Japan?


INTERNATIONAL -- EUROPEAN BUSINESS

Can I-Mode Give This Also-Ran a Lift?

Blazing Speed in Biotech

Commentary: A New Central Banker Could Revive Russia's Banks


INTERNATIONAL -- FINANCE

Banking's Mainland Maverick

Where Does China Stash Its Cash? The U.S.

Germany's State Banks: Political Playthings

Ouch! It's Superpeso


INTERNATIONAL -- INT'L FIGURES OF THE WEEK

International Figures of the Week (.pdf)


INTERNATIONAL -- EDITORIALS

Momentum for a Mideast Peace Plan
BW MagazineOnline Highlights from this issue
BW MagazineMagazine Forums


BW Magazine

Cover Typography by Joe Calviello/BW


International Cover: Digital Imaging by Joe Calviello/BW

RECENT ISSUES
The Reluctant Reformer
The Surprise Economy

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Video Views

Sun's Guiding Light
CEO Scott McNealy on his network strategy, Enron as "Darwinian toast," and why corporate CFOs are his worst enemies


Muffler Money?
BW's Gene Marcial says auto-repair chain Midas may be riding high, and offers his thoughts on the nervous market


A New Look at the '90s
A BW analysis of the decade shows that the good times may have been even better than we thought, says BW's Bruce Nussbaum


The Fed in Neutral
Greenspan & Co. is leaving rates where they are, as it waits to make sure recovery has taken hold, says BW's Kathleen Madigan


Balance-Sheet Cues
BW's Lewis Braham took a look at the financials for a number of companies -- and found a few that could be good investment candidates


China's U.S. Play
The Middle Kingdom is parking more than half its trade surplus with the U.S. in Treasury securities, says BW's Bob Dowling

  SPECIAL REPORTS
Best Global Brands
These 100 brands are among the world's most recognized—and most valuable

Best Places to Launch a Career
We canvassed career-services directors, employers, and students to rank the best companies for recent graduates

BusinessWeek 50
Our picks of the top-performing companies from the S&P 500. Plus, regional rankings for Asia and Europe:
Asia's BusinessWeek 50
Europe's BusinessWeek 50

Customer Service Champs
Companies that excel at pleasing customers, based on J.D. Power & Associates customer satisfaction data and our own reader survey

Hot Growth 100
From young, upstart companies to those that have been around for centuries: Plus, regional rankings of top-performing small businesses in Asia and Europe:
Asia's Hot Growth 100
Europe's Hot Growth 100

Info Tech 100
Emerging-market cellular players, wireless phone and gear makers, and Web giants are this year's stars

World's Most Innovative Companies
Nurturing, creative cultures allow these companies to wow customers with innovative products and services

More Special Reports

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