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)
September 16, 2002
Mexico's War of the Megastores
from this issue
Cover Photography by Aaron Goodman
For articles in the September 23, 2002 domestic edition previously published in international editions
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