COVER STORY
Inside McKinsey Enron isn't its only client to melt down. Suddenly, times are trying for the world's most prestigious consultant
COVER IMAGE: Inside McKinsey
CHART: McKinsey by the Numbers
TABLE: McKinsey Over the Years
TABLE: McKinsey Big Think
TABLE: McKinsey and Its Rivals
TABLE: McKinsey's Blue-Chip Client Roster
RESUME: McKinsey's Rajat Kumar Gupta
TABLE: Assessing the Gupta Years
ONLINE EXTRA: Q&A with Rajat Gupta
INTERNATIONAL -- ASIAN COVER STORY
The Stars of Asia 25 leaders at the forefront of change
SPECIAL REPORT -- SCANDALS IN CORPORATE AMERICA
Can Trust Be Rebuilt?
Commentary: Will the Chief Executive Really Speak Out?
Commentary: The Dollar Is Falling--but the Sky Isn't
WorldCom's Sorry Legacy
How to Hide $3.8 Billion in Expenses
Surprise! The Little Guy Loses
Adelphia's Fall Will Bruise a Crowd
ANNUAL DESIGN AWARDS
Winners 2002
Zippy Transport for City and Surf
Scenes from the Great Indoors
Samsung Shows Off
Data on the Fly
Making Play Easy--and Stylish
Tech Turns Up in Unlikely Places
Catalyst Award
UP FRONT
Talk Show
Socking It to 'Em Once Again
Giving Women a Backhand
How to Give Your Career a Lift
Say Cheese--Digitally
Not Your Father's Winnebago
Upping the Price of Downloading
How to Pinch a CEO's Paycheck
EDITOR'S MEMO
Uncovering the Shenanigans
READERS REPORT
AIG and Starr Insurance: What's Best for Shareholders
Don't Confuse Conversation and Concerted Action
Why One Investor Opted Out of the Stock Market
Microsoft: Making Business More Complicated?
Democracy Gives the Best a Healthy Outlet
What Are State Securities Regulators Really Doing?
Deconstructing China's WTO Participation
CORRECTIONS & CLARIFICATIONS
"What to bet against" (BusinessWeek Investor, July 1, 2002)
"A genome project against disease" (Science & Technology, July 1, 2002)
"The danger of playing it safe" (Economics, June 24, 2002)
BOOKS
Did Bill Forgive Boris Too Much?
Pension Plunge
Citi Planner
TECHNOLOGY & YOU
Could a Notebook Be Best for Your Desk?
ECONOMIC VIEWPOINT
Tax Cuts for the Rich Are Even More Wrong Today
ECONOMIC TRENDS
China's Bang for the Buck
Bonds May Be a Rocky Harbor
Call It the First-World Cup
BUSINESS OUTLOOK
U.S.: The Twin Deficits Are Back--and As Dangerous As Ever
Germany: What's Putting a Damper on Growth
IN BUSINESS THIS WEEK
Martha Stewart: All This for Chump Change?
Giving Genentech Another Little Jab
FedEx Delivers Some Grim News
A Flotation Device for United?
Battling over TRW's Defense Biz
Queasiness at Immunogen
Et Cetera...
No Respect
WASHINGTON OUTLOOK
Soft Money: Is It the End--or the End Run?
Open Season on Lieutenants
INTERNATIONAL BUSINESS
France Inc. Follies
Commentary: How Vivendi Should Clean Up Messier's Mess
No Miracle Yet at Reuters
Commentary: Relax: Japan Won't Bring on Financial Armageddon
INTERNATIONAL OUTLOOK
Venezuela: Why Chávez Could Soon Be Gone--Again
Mahathir Picks a Successor
FINANCE
Fidelity: Here Comes Abby
INFORMATION TECHNOLOGY
Orbitz' Heavy Baggage
INDUSTRIAL MANAGEMENT
The End of the Road for Bar Codes
MEDIA
Parting the Veil at Hearst
BUSINESSWEEK INVESTOR
Ma Bell's Extended Family
BUSINESSWEEK LIFESTYLE
More Sport, Less Utility
THE BARKER PORTFOLIO
Time to Save Face at Janus?
INSIDE WALL STREET
AT&T: Set to Bounce
SpeedFam's Chip Machines Rev Up
ViroLogic: A Big Gun in the HIV Battle
FIGURES OF THE WEEK
Figures of the Week (.pdf)
EDITORIALS
The U.S. Economy Can Survive the Scandals
Media: The Dangers of Concentration
INTERNATIONAL -- READERS REPORT
Deconstructing China's WTO Participation
Is Wall Street Stirring Up Panic on Purpose?
Germany's Sabine Christiansen Has Star Quality
Too Much Trading May Not Be Such a Good Thing
Are These Third-Party Voices Really Impartial?
Don't Say Devaluation If You Mean Depreciation
Foreign Workers Deserve a Living Wage
INTERNATIONAL -- ASIAN BUSINESS
China: The Tricks of Trade
Clear Sailing for Pirates
Reliance Is Looking a Lot Less Reliable
Thai Banks Learn a New Word: Plastic
INTERNATIONAL -- EUROPEAN BUSINESS
Safer at Any Speed
Commentary: This Time, Putin May Really Tame the Oligarchs
INTERNATIONAL -- FINANCE
Will the Rising Euro Smite Europe?
INTERNATIONAL -- INT'L FIGURES OF THE WEEK
International Figures of the Week (.pdf)
Online Highlights
from this issue
Magazine Forums
North American and European Cover Photograph by Adrian Bradshaw/Getty Images
Asian Cover Photographs by Corbis Saba, KPIX, Kistone, AP/Wide World; ImagineChina.com and Netphotograph.com
RECENT ISSUES
Midyear Investment Guide: Picking Stocks
Restoring Trust in Corporate America
Search Previous Issues
Subscribe to BW Magazine
Crisis Management
How to regain trust after WorldCom's fraud? BW's Bruce Nussbaum and Amey Stone have some ideas
Keeping Your Cool
Larry Swedroe, author of Rational Investing in Irrational Times, on the factors that lead smart investors to make dumb mistakes
Market Measures
S&P's Arnie Kaufman offers advice on the best sectors -- and stocks -- for the second half of the year
Ring the Bells
Ma Bell and her babies may be the best bets among telecom stocks, says BW's Steve Rosenbush
Global Impact
International financial markets also feel the blow from WorldCom and America's telecom woes, says BW's Bob Dowling
Economic Downer
Accounting scandals are spooking investors, and second-quarter growth could suffer, says BW's Kathleen Madigan
Nearing Bottom?
Market disappointments could be close to an end, says BW's Gene Marcial, who also names some stocks the Street is watching
Midyear Outlook
Better times may be ahead for stocks, according to our new Special Report. But pick very carefully, says BW's Marcia Vickers
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
TODAY'S MOST POPULAR STORIES
MARKET INFO