Table of contents: VOL. 151, NO. 12 - June 13, 2005
COVER STORY
On Wall Street, hedge funds and buyout funds are on a shopping spree--it feels like the 1980s all over again. Meet the new MASTERS OF THE UNIVERSE. (more)

Features
The success of Palestinian cellphone operator Jawwal heralds a new optimism. (more)
WALGREENS has racked up an amazing track record over the past 30 years. Now, as it confronts some scary new rivals, the drug chain is going to find out if it's really built to last. (more)
First, Israel built a controversial wall to block suicide bombers. Now it's exporting high-tech security services to the world. The result: a booming economy. (more)
A COURT BATTLE OVER SILICOSIS SHINES A HARSH LIGHT ON MASS MEDICAL SCREENERS--THE SAME PEOPLE WHOSE DIAGNOSES HAVE COST ASBESTOS DEFENDANTS BILLIONS. (more)
Older and wiser, THE FORMER BUYOUT KINGS are still in the thick of the Wall Street action. An extraordinary inside look at how their firm has changed with the times. (more)
Bing! While You Were Out

Brainstorming
Business Life

These next-generation game consoles from Sony and Microsoft are designed to be high-definition centerpieces for home-entertainment systems. (more)
First

The only thing crazier than buying in a bubble? Gambling on when it's going to pop. (more)
There's a new digital game in town, and it's one of the oldest around. Even corporations are making decisions with RPS. (more)
Charles Holman, Pennsylvania Station, New York City (more)
Investing
Buffett disciple Robert Hagstrom says the videogame giant will rebound from a selloff. (more)
Hewlett-Packard CEO Mark Hurd is expected to put execution ahead of vision. That's why it's time to buy the stock. (more)

A star in the '90s, Don Yacktman is on top of the charts again. (more)
Value Driven
WALL STREET 2005
Skeptics see signs of '80S-STYLE EXCESS in some recent buyout deals. (more)
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