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<!-- Content begins -->
<table align="right"><tr><td><font face="Times New Roman, Times, serif" size="2" ><b>January 25, 2002</b> </font></td></tr></table><br>


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<font face="Times New Roman, Times, serif">
		

<font size="2" color="#990000"><b>QUOTE OF THE DAY</b></font><br>

<font size="2">"Too many elements of the system are not trustworthy today.
They have failed us because of self-dealing and
self-interest." <br>
<a href="http://www.nytimes.com/2002/01/25/business/25ENRO.html?todaysheadlines">ARTHUR LEVITT JR.,</a>former chairman of the Securities   and Exchange Commission,
at a   Senate hearing on Enron.


<hr size="1">



<font size="2" color="#990000"><b>NATIONAL</b></font><br>




<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/national/25WALK.html?todaysheadlines">American Charged as a Terrorist Makes First Court Appearance</a></b><br>
John Walker Lindh on Thursday began his defense against charges that he aided terrorist organizations and conspired to kill Americans.
<P>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/national/25SCHO.html?todaysheadlines">School Bus Driver Arrested After a 150-Mile Detour</a></b><br>
A school bus driver took 13 children on an unexplained six-hour, 150-mile ride from Oley, Pa., to Maryland, where he was found armed.
<P>
</font>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/national/25DNA.html?todaysheadlines">Appeals Court Denies Convict DNA Test in a '90 Rape Case</a></b><br>
A federal appeals court in Virginia has refused   to allow a man who was convicted of sex crimes to have DNA tests he contends would exonerate him.
<P>
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<font size="2" color="#990000"><b>INTERNATIONAL</b></font><br>




<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/international/europe/25CHEC.html?todaysheadlines">Police in Chechnya Accuse Russia's Troops of Murder</a></b><br>
Russian troops are killing Chechen civilians in a campaign of executions and looting that takes place alongside military operations, according to police officials.
<P>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/international/asia/25INDI.html?todaysheadlines">India Test-Fires Intermediate-Range Missile</a></b><br>
India successfully test- fired an intermediate range missile capable of carrying a nuclear warhead on Friday morning.
<P>
</font>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/international/asia/25MILI.html?todaysheadlines">U.S. Forces Strike Taliban at Camps Near Kandahar</a></b><br>
In the most intense fighting of recent weeks   in Afghanistan, American troops killed as many as 15 Taliban fighters in a predawn raid on Thursday.
<P>
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<font size="2" color="#990000"><b>BUSINESS</b></font><br>




<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/business/25ENRO.html?todaysheadlines">Enron Hearings Open, Focusing on Destroyed Papers</a></b><br>
Lawmakers on Thursday said evidence showed that Enron's auditors destroyed documents knowing they might be relevant to criminal and civil investigations.
<P>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/business/25PART.html?todaysheadlines">Investors Lured to Enron Deals by Inside Data</a></b><br>
Enron executives enticed investors into partnerships by dangling the prospect that inside knowledge could help them double their money.
<P>
</font>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/business/25OSPR.html?todaysheadlines">Many May Be Surprised to Be Enron Investors</a></b><br>
Many individual investors unwittingly owned a piece of an entity that was used to finance some of the partnerships that contributed to Enron's failure.
<P>
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<font size="2" color="#990000"><b>TECHNOLOGY</b></font><br>




<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/technology/ebusiness/25NOKI.html?todaysheadlines">Nokia's Earnings Surpass Expectations</a></b><br>
Nokia, the world's biggest maker of mobile   phones, reported earnings that exceeded its own projections and those of analysts.
<P>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/technology/25BROK.html?todaysheadlines">Datek Pays $6.3 Million to Settle Securities Charges</a></b><br>
Datek Online Holdings has agreed to pay $6.3 million to settle federal charges that its former day trading unit engaged in securities fraud.
<P>
</font>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/24/technology/ebusiness/24SOFT.html?todaysheadlines">In AOL's Suit Against Microsoft, the Key Word Is Access</a></b><br>
The lawsuit filed on Tuesday by AOL Time Warner against Microsoft is merely the most recent clash in an escalating confrontation between the two large, powerful companies.
<P>
</font>













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<font size="2" color="#990000"><b>POLITICS</b></font><br>




<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/business/25ENRO.html?todaysheadlines">Enron Hearings Open, Focusing on Destroyed Papers</a></b><br>
Lawmakers on Thursday said evidence showed that Enron's auditors destroyed documents knowing they might be relevant to criminal and civil investigations.
<P>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/politics/25CAMP.html?todaysheadlines">House Vote Is Set on Campaign Bill</a></b><br>
The advocates of overhauling the nation's   campaign finance law gained enough support to force a House vote on legislation.
<P>
</font>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/politics/25BUSH.html?todaysheadlines">Domestic Security Spending to Double Under Bush Plan</a></b><br>
President Bush said he would propose doubling the amount the government spends on domestic security next year to nearly $38 billion.
<P>
</font>













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<font size="2" color="#990000"><b>SPORTS</b></font><br>




<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/sports/basketball/25KNIC.html?todaysheadlines">Chaney's Fury Sparks Knicks' Rally</a></b><br>
With Allan Houston leading the way and the rest of the team hustling on defense, the Knicks rallied for a win over Phoenix.
<P>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/sports/golf/25GOLF.html?todaysheadlines">11th Grader's Swing in Recess as Member of Tour</a></b><br>
Ty Tryon looked like a nervous teenager, which is exactly what he was as he shot a six-over-par 77, 13 strokes behind clubhouse leader Steve Flesch.
<P>
</font>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/sports/tennis/25TENN.html?todaysheadlines">Hingis and Capriati Ready for Rematch</a></b><br>
Jennifer Capriati will defend her title as she meets Martina Hingis in the Australian Open women's final.
<P>
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<font size="2" color="#990000"><b>ARTS</b></font><br>




<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/arts/design/25MEMO.html?todaysheadlines">In Remembrance of Sorrow From Other Times</a></b><br>
In the debate over the remembrance of Sept. 11, it's worth pondering how other memorials in New  York have conveyed their message across the  generations.
<P>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/arts/25WEBE.html?todaysheadlines">For Musicals, Big and Brassy Gives Way to Small and Affordable</a></b><br>
An important question facing producers of emerging musicals: How  big a show should this be?
<P>
</font>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/movies/25COUN.html?todaysheadlines">And Swashes Buckled All Around</a></b><br>
This thoroughly competent adaptation of Alexandre Dumas's tale of treachery and vengeance will remind jaded viewers of the sumptuous delight the movies can offer.
<P>
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<font size="2" color="#990000"><b>NY REGION</b></font><br>




<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/nyregion/25SECU.html?todaysheadlines">Hoping for Calm, Preparing for Strife at Economic Talks</a></b><br>
As demonstrators and police both prepare for the World Economic Forum, neither knows what to expect when it arrives in New York.
<P>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/nyregion/25JERS.html?todaysheadlines">Layoffs Start in New Jersey as Towns Brace for Cuts</a></b><br>
About 600 New Jersey state employees ended their day Wednesday with brusque notices saying they were laid off.
<P>
</font>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/education/25DIST.html?todaysheadlines">Minority Students in Bronx Face the Prospect of Busing</a></b><br>
A plan to prevent white flight from public schools in Riverdale is leading toward the unexpected busing of black and Hispanic students.
<P>
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<font size="2" color="#990000"><b>OP-ED </b></font><br>






<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/opinion/25KRUG.html?todaysheadlines">Spreading It Around</a></b>
<br>
By PAUL KRUGMAN
<br>
Conservatives are slinging Enron muck at liberals, hoping that some of it will stick.
<P>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/opinion/25KRIS.html?todaysheadlines">Our Man in Beijing</a></b>
<br>
By NICHOLAS D. KRISTOF
<br>
The attacks of 9/11 created an opportunity for improved Chinese-American relations, but so far the United States has squandered this opportunity.
<P>
</font>


<font  face="times new roman"><b><a href="http://www.nytimes.com/2002/01/25/opinion/25MALL.html?todaysheadlines">Playing Into Sharon's Hands</a></b>
<br>
By ROBERT MALLEY
<br>
United States passivity in the Middle East is an almost certain recipe for catastrophe.
<P>
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