New Jersey Gov James E McGreevey endorses sweeping reorganization of state university system that would consolidate its research universities, including Rutgers, and establish three largely independent campuses; plan, unveiled by commission appointed by McGreevey, emphasizes medical education and research, which are now splintered into eight schools and associated hospitals under University of Medicine and Dentistry of New Jersey; but reorganization would also include all schools of Rutgers University and New Jersey Institute of Technology in Newark; chart (M)

New Jersey Plans Merger Of Universities

Construction resumes at 20 River Terrace in Battery Park City; building, begun early last year just a few blocks from World Trade Center, was to be world's most environmentally correct residential high-rise--an air-purified, solar-paneled monument to marriage of mother earth and technological gee-whiz; builders and environmentalists say that as construction resumes after 10-month break during cleanup of Ground Zero, 27-story tower has become even more the sum of its ambitions; drawing shows environmental features of 20 River Terrace; drawing shows projected residential projects in Battery Park City; photo (M)

A Green Foothold in the Downtown Concrete; Apartment High-Rise Will Set an Environmental Benchmark Near Ground Zero

Paul Griffiths Critic's Notebook column reviews first four programs at Merkin Concert Hall celebrating centenary of composer Stefan Wolpe; photo (M)

Wolpe at 100, Still Full of Ideas and Anger

Columbus Day Parade Goes On, as Mayor and Sopranos Dine in the Bronx

South Korea's Hyundai Motor is teaming with Beijing Automotive Industry Holding to begin producing cars in China; plans to produce 2,000 cars in China by end of 2002 and 500,000 per year by 2010 (S)

World Business Briefing | Asia: China: Auto Venture

Mel Gussow interviews playwright, actor and author Sam Shepard, who is in New York promoting his new collection of short stories, Great Dream of Heaven; photos (M)

From Plays To Fiction: Thanks, Dad; Sam Shepard's Rascals Are Inspired by Memories Of a Mysterious Father

New York Knicks will compensate for loss of power forward Antonio McDyess by rearranging lineup and throwing convention out window; photos (M)

Knicks Are Counting On Unorthodox Lineup

Russia got new start last week on one of its boldest economic reforms in years: breaking up its vast electricity monopoly; many questions remain about how plan will be implemented and investors and some lawmakers have warned that process risks repeating flaws and mistakes of privatization in Russia in mid-1990's; central concern that critics have about breakup of monopoly, Unified Energy Systems, is that it is being driven by company's chief executive Anatoly B Chubais, who was principal architect of earlier privatization program; breakup plan clears early legal hurdle on Sept 10 when package of bills that will set plan into motion was passed in first of three required votes in lower house of Parliament; photo (M)

Some Anxiety in Russia As Monopoly Nears End

Annie Tsao, senior research analyst at Alliance Capital Management who covered Enron and other energy companies, downgraded shares of Enron in August 2001, forcing portfolio controlled by group of Alliance analysts to sell all its Enron holdings; Alliance officials acknowledge downgrade but play down decision, saying report gave no indication that Enron's finances were deteriorating at time and noting that other portfolios at Alliance were not obligated to sell their Enron shares; Alliance vice chairman Alfred Harrison ignored Tsao's downgrade and--even as Enron went into bankruptcy--bought at least 10 million Enron shares in September, October and November for fund he controlled; decision resulted in huge losses for portfolio; photo (M)

Analyst Dropped Enron, but Her Firm Loaded Up

Food and Drug Administration, stung by series of court decisions finding it in violation of free speech protections, begins wide-ranging review of regulations that control what makers of drugs, supplements, food and cosmetics can say about their products (M)

Stung by Courts, F.D.A. Rethinks Its Rules

Some of most closely guarded financial secrets of accounting firm Ernst & Young are disclosed in divorce proceedings involving new chief executive Richard S Bobrow, including how it valued consulting practice it sold in 2000, its total capital and how much it pays its chief executive; Bobrow reports worldwide revenue in year ended June 30 was $10.1 billion, up $300 million, or 2.7 percent, compared with year earlier; Superior Court judge in Hamilton County, Ind, values firm at $5.53 billion; Ernst & Young valued its consulting firm at $4.745 billion soon after it sold it to Cap Gemini for $11.3 billion in May 2000; Bobrow's stake in Ernst & Young was 0.22 percent; Bobrow earned $2.75 million in salary in 2000 and $3.125 million last year (M)

Ernst Finances Are Disclosed In Documents In a Divorce

Anne Midgette reviews new production of opera The Flying Dutchman, directed by Katharina Wagner, at Mainfranken Theater in Wurzburg, Germany; photo (M)

Another Wagner's Debut, Turning the Plot Around

Mayor Bloomberg and The Sopranos cast members Dominic Chianese and Lorraine Bracco have lunch in Italian restaurant on Arthur Avenue in Belmont section of Bronx, after Columbus Day parade organizers tell Bloomberg he could not march in parade with Sopranos actors; photo (M)

With Linguini Like This, Who Needs Marching?

Australia's AurionGold abandons its opposition to hostile takeover bid from Placer Dome Inc of Canada; AurionGold's directors say that it is no longer in best interests of shareholders to reject Placer's offer of stock and cash, valued at 1.5 billion to 2 billion Australian dollars ($820 million to $1.09 billion); recommend that shareholders either accept offer or sell their shares on market; combined company would be world's fifth-largest gold producer, with annual output of about 3.8 million ounces; photo (M)

AurionGold to Accept Placer Dome Offer

ImClone Systems Inc's former chief executive Samuel D Waksal is expected to plead guilty to charges of insider trading, bank fraud, perjury and obstruction of justice; plea is not part of agreement with government; Waksal hopes judge will be lenient in sentencing and that prosecutors will drop remaining charges by pleading guilty to many of charges; Waksal is not pleading guilty to tipping off his father Jack to sell ImClone shares in two days before company announced unfavorable news that caused its shares to drop sharply in price; is expected to plead guilty to causing his daughter Aliza to sell all of her shares in that same period; will not plead guilty to conspiring with his daughter to trade on insider information; Waksal has in recent weeks been asked by prosecutors whether he knows anything about trading by friend Martha Stewart, who is also under investigation (M)

Partial Plea Of Guilty Seen For Ex-Chief Of ImClone

Airbus announces that London-based EasyJet has agreed to buy 120 passenger jets from Airbus and has taken option to buy 120 more at fixed price over next decade; is largest order placed for commercial aircraft this year, and it comes as big blow to Boeing Co, which had also been negotiating with EasyJet; Airbus executives refuse to give dollar figures for order (M)

Airbus Gets Big Order From Easyjet; Boeing Out

New Yorkers are facing longest, loneliest sports season in 15 years as all major teams are out of contention at mid-October, time when championship hopes are usually ripening; sense of desolation is especially painful in city where sports is organizing obsession that promotes conversation, provides relief and generates collective feeling of nourishment; city's all-round sporting prowess and postseason omnipresence throughout most of 90's seemed integral part of its resurgence; swagger of Giuliani years derived in no small part from spectacle of mayor celebrating in Yankees cap; photos (M)

For New York Fans, It's More Like Mudville

Article on scientific fraud cases this year at Bell Labs and Lawrence Berkeley National Laboratory, which have led to re-examinations of scientific process; these cases and earlier ones are forcing scientists to examine role that collaboration plays in scientific research; photos; diagram (M)

On Scientific Fakery and the Systems to Catch It

Burberry Group reports sales for six months ended Sept 30 rose 17 percent; plans to open eight new stores later this year (S)

World Business Briefing | Europe: Britain: Burberry's Sales Rise

 Squabble Over Bids Delays Sale at a Vivendi Business  Vivendi Universal has delayed the auction of its publishing business as it continues to squabble with potential buyers over the dwindling value of their bids, executives involved in the process said.     The delay raises questions about whether Vivendi will be able to complete a sale this year. Vivendi's chief executive, Jean-Ren&#233; Fourtou, above, who took over in July, has been trying to cut the company's debt load of $16.7 billion. [Page C4.]

BUSINESS DIGEST

South Korea's Pohang Iron and Steel posts net profit of $300 million for third quarter, nearly double its net of $165 million year earlier, on 12.1 percent increase in sales for period (S)

World Business Briefing | Asia: South Korea: Steel Maker's Profit Rises

Julie Iovine reviews 3D City: Studies in Density, installation by Dutch architectural firm MVRDV on view at Yale School of Architecture; photo (M)

Dutch Designs for Cities Built on Ideas and What-If's

Most of dead remain anonymous two days after bombing of popular tourist discotheques on Bali, Indonesia; official tally lists just 38 identified, from 11 countries; many remain missing; clues provided by friends and family are only proof of identity for many badly burned; terrorists seemed to pick target and moment for nighttime attack for maximum effect; powerful explosives packed inside small white truck on narrow street where clubs faced each other were so devastating that officials have not determined whether suicide bomber remained behind wheel; photo (M)

Seeking Names for Bali's Anonymous Dead

Douglas R Forrester, Republican nominee for US Senate in New Jersey, finds himself on defensive about several newspaper articles he wrote more than decade ago opposing drunken-driving checkpoints, criticizing New Jersey's ban on assault weapons and saying that Atlantic City had 'subtle beauty of a streetwalker'; Frank Lautenberg, Democratic nominee, signs pledge opposing privatization of Social Security; photos (M)

Forrester on Defensive for Old Newspaper Columns

New York State Democratic gubernatorial candidate H Carl McCall accuses Republican incumbent Gov George E Pataki of mismanaging state's response to slumping economy, leaving Albany facing huge deficits and unable to take on bold new initiatives, New York Times interview; says tightly constrained government will have to cut many expenses because overburdened taxpayers should not be asked to pay more; says his administration will focus on streamlining and professionalizing government; says only improving economy will give state financial resources to finance existing programs and create new ones; says he will try to persuade businesses to take advantage of low costs in state's depressed upstate region and relocate there; photo (M)

October 15, 2002

Headlines from October 15, 2002

New Jersey Plans Merger Of Universities

A Green Foothold in the Downtown Concrete; Apartment High-Rise Will Set an Environmental Benchmark Near Ground Zero

Wolpe at 100, Still Full of Ideas and Anger

Columbus Day Parade Goes On, as Mayor and Sopranos Dine in the Bronx

World Business Briefing | Asia: China: Auto Venture

Billboard 200

Elv1s: 30 #1 Hits

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Historical Context for October 15, 2002