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Opinion

The bad stuff

How do you overstate earnings by, say, $1 billion and not commit a crime? The revelations about Enron Corp. increasingly suggest there’s a simple answer to that question: You don’t. Here’s another question: How do you embellish your reported earnings ...

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Letter to the editor: Revival of downtowm possible

Dear Editor: A recent article in your paper concerning Main Street in downtown Rochester (“Main Street decays as vacancies rise, RBJ, 12/7/01) was a very sad story. It is hard to believe that the retail area in that city is ...

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Don’t call e-mail forwarding progress

You can’t answer this question, so don’t even try. It’s rhetorical. Who collects all the garbage that litters the information superhighway? Where the hell is the highway department? Where are the garbalogists and trash-pickers? Doesn’t anybody care about the profusion ...

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Firm of dreams

In the wake of Global Crossing Ltd.’s bankruptcy filing on Monday, founder Gary Winnick had little to say other than a statement passed along by his spokesman to the New York Times: “Sometimes it takes the markets time to catch ...

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The HIPAA consortium

TCN Health Care Consulting and Nixon Peabody LLP have formed a consortium of companies, sponsored by the High Tech Business Council, to help institutions and companies achieve compliance with HIPAA and other privacy and data security requirements. The consortium includes ...

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Now’s the time for HIPAA compliance

Americans value their privacy. Our perceptions and beliefs about privacy in a contemporary world are shaped by technological advances in computers and telecommunications, the consolidation of business and the growth in electronic commerce. Concern regarding privacy led to new financial ...

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The rush to fix 401(k)s

The apparent skullduggery that enabled Enron Corp. executives to pocket hundreds of millions of dollars but wiped out some employees’ 401(k) accounts has provoked understandable outrage. It also has produced a predictable rush on Capitol Hill to overhaul the rules ...

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It’s time to focus on a common vision

(The following is the text of a speech, titled “The Future is Not What it Used to Be,” delivered by Sandra Parker, president of the IMC, to the Rochester Rotary Club on Tuesday at the Hyatt Regency Rochester.) When I ...

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Bad numbers

Doubts about the reliability of corporate financial statements did not begin with the spectacular fall of Enron Corp. But the mounting scandal surrounding the once high-flying energy trading firm makes it clear how badly reform is needed. Enron’s admission in ...

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Letter to the editor: Rochester needs soccer stadium

Dear Editor: Debate rages over the worthiest construction project to support in Rochester. While all are worthy ventures, one would stand above all others in appealing to a wide variety of audiences and events: from professional soccer games to drum-and-bugle ...

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Exit signs at Kodak

When the Wall Street Journal asked him to comment on Patricia Russo’s decision to exit as Eastman Kodak Co. president, Chairman and CEO Daniel Carp replied: “No company is one person.” That’s certainly true, and Ms. Russo-who joined Kodak a ...

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Letter to the editor: Macedon hit with big tax hikes

Dear Editor: I am a resident of the village of Macedon and business owner in the town, and we were excited to see an article in your Dec. 14 edition that spotlighted our community. I agree with all the benefits ...

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How to confront rising health care costs

(The following is the text of prepared remarks delivered by Howard Berman, president and CEO of Excellus Inc., to the 2001 Government Affairs Council Issues Conference held by the Business Council of New York State Inc. in November.) By HOWARD ...

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The resilient economy

Four months ago, the $10 trillion U.S. economy appeared to be teetering on the brink of recession. Then came Sept. 11, and with it fears of an economic calamity. Today, the economy officially is in recession-and proving strikingly resilient. Indeed, ...

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Test your knowledge of the year’s news

It’s time to take the annual Rochester Business Journal local business news quiz-and this year it’s easier than ever. The quiz, now in its eighth year, is designed to measure your knowledge of the year’s significant events. It’s based on ...

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