MONEY Magazine masthead MONEY October 1994 Volume 23 Number 10
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(MONEY Magazine) – EDITOR-IN-CHIEF Jason McManus EDITORIAL DIRECTOR Henry Muller EDITOR OF NEW MEDIA Walter Isaacson

TIME INC. CHAIRMAN Reginald K. Brack Jr. PRESIDENT, CEO Don Logan

MANAGING EDITOR Frank Lalli EXECUTIVE EDITORS Caroline Donnelly, Tyler Mathisen ASSISTANT MANAGING EDITORS Lynn Crimando, Richard Eisenberg, Frank B. Merrick BOOK EDITOR Dan Green SENIOR EDITORS Joseph S. Coyle, Eric Gelman, Roy S. Johnson (special projects), Joanna L. Krotz, Kevin S. McKean, Nancy J. Perry, Eric Schurenberg WALL STREET EDITOR Michael Sivy ASSOCIATE EDITORS Denise M. Topolnicki, Walter L. Updegrave WASHINGTON, D.C. BUREAU CHIEF Teresa Tritch SENIOR WRITERS Jerry Edgerton, Ruth Simon STAFF WRITERS Lesley Alderman, Gary Belsky, Shelly Branch, Elizabeth Fenner, Carla A. Fried, Peter J. Keating, Beth Kobliner, Lani Luciano, John Manners, Vanessa O'Connell, Marguerite T. Smith, Ellen Stark, Penelope Wang

DESIGN ART DIRECTOR Rudy Hoglund DEPUTY ART DIRECTOR Traci Churchill ASSOCIATE ART DIRECTORS Scott Davis, Helene Elek DESIGNERS Nadia Maryniak, Mimi Maxwell

PHOTOGRAPHY PICTURE EDITOR Deborah Pierce DEPUTY PICTURE EDITOR Miriam Hsia ASSISTANT PICTURE EDITOR Leslie Yoo PICTURE RESEARCHER Samantha Welsh

REPORTERS CHIEF Katharine B. Drake SENIOR STAFF Mark Bautz, Jillian Kasky, Holly Wheelwright Ketron, Roberta Kirwan, Prashanta Misra, Amanda Walmac STAFF Susan Berger, Judy Feldman, Karen Hube, Jeanhee Kim, Leslie M. Marable, Sheryl Nance-Nash, Elif Sinanoglu, Kelly Smith, Daphne D. Mosher (mail)

OPERATIONS EDITORIAL DIRECTOR Mark Hudson Giles COPY CHIEF Patricia A. Feimster SENIOR SYSTEMS ENGINEER Al Criscuolo SENIOR COORDINATOR Sukey Rosenbaum STAFF Kathleen Beakley, Sally Boggan, P. Nigel Killikelly, Bill O'Connor, Suzanne Justin Riggio, Judith Ryan, Eve Sennett

MANUFACTURING DIRECTOR Kathy A. O'Shaughnessy MANAGER Susan A. Eason STAFF Eric Hutton, Robin Y. Johnson, Yvonne Varriale, Geraldine Vopelak

EDITORIAL FINANCES DIRECTOR R. Michael Terry STAFF Bernard E. Palmer

ADMINISTRATION ASSISTANT TO THE MANAGING EDITOR Arlene Lemanski STAFF Marianne Nardone, Darlen Obertance

CONTRIBUTORS CONTRIBUTING TAX EDITOR Mary L. Sprouse CONTRIBUTING EDITORS Steve Gelman, Pauline Tai CONTRIBUTING WRITERS Anthony Cook, Ken and Daria Dolan, Junius Ellis, Echo Montgomery Garrett, Marlys J. Harris, Andrea Rock, Suzanne Seixas, Allan Sloan WALL STREET CORRESPONDENT Jordan E. Goodman

CORRESPONDENTS CHIEF Sian Ballen CORRESPONDENTS Boston: Paul Katzeff. Chicago: Lynn W. Adkins. Denver: Stephen Marsh. Detroit: Ami E. Walsh. Honolulu: Kathy Titchen. Houston: Gary Taylor. Iowa City: Stephen G. Bloom. Los Angeles: Laura Meyers. Miami: Elizabeth S. Roberts. Minneapolis: Nancy Stesin. New Orleans: Janet Plume. Orange County, Calif.: Dorothy Jean. Philadelphia: Cece Lentini. Phoenix: Kathy Shocket. Portland, Ore.: Jeff Wuorio. St. Louis: Carol F. Shepley. San Diego: Sylvia Tiersten. San Francisco: Tim Turner. Stamford, Conn.: Karen S. Daugherty.

TIME INC. EDITORIAL OPERATIONS DIRECTOR Sheldon Czapnik EDITORIAL SERVICES Claude Boral EDITORIAL TECHNOLOGY Dennis Chesnel GROUP PUBLISHER Michael Pepe PUBLISHER Betsy Martin CONSUMER MARKETING DIRECTOR Michele M. Jaworski ASSOCIATE CONSUMER MARKETING DIRECTOR Philip R. Whitney REGIONAL ADVERTISING DIRECTORS Robert H. Kelly, Thomas F. Madden ADVERTISING BUSINESS MANAGER Paul B. Francis PROMOTION DIRECTOR Michael Rich MARKETING DIRECTOR Regina M. Buzzi PUBLIC RELATIONS DIRECTOR Patricia A. Straus