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The article discusses the success of Apple Inc., the world's most admired company according to "Fortune," and also presents an interview with Apple's chief executive officer, Steve Jobs. Apple's philosophy of putting all its resources into a few excellently-designed products rather than diversifying with many items is noted. Steve Jobs discusses the challenge of designing the iPhone, Apple's lack of market research, and hiring practices.

The article describes the successful farming industry of Brazil. The country surpassed the United States as the world's largest soy exporter in 2006 and is the leading producer of beef, pork, poultry, coffee, sugar, tobacco and orange juice concentrate. Soy is increasingly in demand for use as food, animal feed and for industrial applications. INSET: Soy! It's Not Just for Sauce Anymore.

The article describes the business career of Jack Ma, founder of Alibaba.com, who worked with Yahoo! Inc. to form the world's biggest online marketplace. His company went public with the biggest initial public offering in history. In China, where there is less Internet infrastructure than in the U.S., e-commerce is more important. This business site has allowed China to participate more in the global economy. INSET: THE HOUSE THAT JACK BUILT.

The article reports on the collapse of the subprime mortgage market and its continuing impact throughout the U.S. securities and financial services industry. The financial crises at major firms like Merrill Lynch and Citigroup are discussed, along with the impact on the value of the U.S. dollar and commodity prices.

The article looks at Susan Schwab, United States Trade Representative. Schwab has been trying to keep globalization and free trade alive despite Congressional attempts to increase protectionism. Schwab's efforts are questioned due to her position within the lame-duck administration of U.S. President George W. Bush.

The article discusses billionaire fashion mogul Ralph Lauren and his Polo Ralph Lauren Corp. The company continues to grow serving both upscale customers and those of more modest means. Product offerings go beyond apparel to include home furnishings. Lauren enjoys an opulent lifestyle while remaining focussed on business.

The article reports on how business leaders are lining up behind Democratic and Republican candidates for the 2008 U.S. presidential election, especially Democratic Senator Hillary Clinton, who has secured the support of a number of corporate Republicans. Clinton's winning over of Morgan Stanley chief executive officer (CEO) John Mack is detailed, and executive endorsements for all the major candidates are listed. INSET: Plum Job: Who'll Be Treasury Secretary?.

The article focuses on 2008 U.S. Democratic presidential hopeful John Edwards. The article discusses Edwards' support of organized labor and attacks on big business and corporate America. The article also discusses Edwards' childhood, his views on wealth and poverty in America, and the problem that personal wealth has caused for Edwards' presidential campaign. The article also features quotes from Edwards on topics relating to business. INSET: EDWARDS ON BUSINESS.

The article discusses the affect of legalized dockside gambling on the rural community of Tunica County, Mississippi. Discussed is the former notoriety of Tunica as an example of southern U.S. poverty. The article discusses the stagnation of economic growth in the area, and measures being taken to diversify the local economy. Also discussed is Tunica's housing industry.

The article unpacks the business tactics of Sunil Mittal, founder and CEO of India's leading wireless company Bharti Airtel. It was projected that India would overtake China as the world's largest mobile market when Mittal outsourced his network to Ericsson, Siemens, and Nokia. His partnership with international firms has led to the teaming of Bharti Enterprises with Wal-Mart to transform India's underdeveloped retail market. A comprehensive history of Mittal's business moves is presented.

The article examines Wal-Mart, CEO Lee Scott, and the company's seven year period of decline. Stock has fallen and there are rumors that Scott's position may be in jeopardy. The article provides suggestions from analysts, investors, and retail experts on how Scott can redeem the company by becoming a spin off of warehouse clubs, by curtailing the effort to be a growth stock, by increasing pay and benefits for employees, and by showing some urgency and interest in solving Wal-Mart's problems.

The article focuses on the initial stock offerings of Chinese banks. The potential profitability of the stocks is discussed. Particular attention is given to the rate of return for investors of the Bank of China. The author looks at how global banks, including Bank of America and Citibank, are buying stocks in Chinese banks in an effort to enter the financial market of China. A brief analysis of the political implications of Chinese bank stock offering is included.

The article discusses the economic conditions in Vietnam in 2006. The southeast Asian nation has experienced an explosion of economic growth since the liberalization of the economy since the 1990s. The economic relationship between the United States and Vietnam is discussed in the article. The article presents statistics related to economic growth, household income, and industry for Vietnam.

The article presents a profile of Carlos Ghosn, the CEO of two automobile companies, Renault and Nissan. The article discusses Ghosn's efforts to improve business for both companies, and the possibilities of alliances with automakers DaimlerChrysler and GM. The article also discusses Ghosn's schedule, which includes time split between Paris and Tokyo, as well as his duties with both companies.

This article focuses on Rahm Emanuel, Democratic Congressman from Illinois. Emanuel's hard-driving political style has won him admirers and enemies. The one-time investment banker is portrayed as symbolizing the Democratic Party's conservative and liberal divide. His personal history is discussed. The article cites his book authored with Bruce Reed, "The Plan: Big Ideas for America," that recommends that Democrats should appeal to the American middle-class. INSET: EMANUEL'S DUNKIN' DONUTS AGENDA.

This article profiles former U.S. President Bill Clinton, and examines his post-presidency philanthropic efforts through his Clinton Foundation. Clinton has convinced a variety of business leaders to donate money to help fight the HIV/AIDS crisis in Africa, including FOX chief executive Rupert Murdoch. Clinton has partnered with Dr. Paul Farmer, a medical doctor who specializes in AIDS care, to establish one of the most progressive AIDS foundations in the world.

This article reports on the high numbers of individuals in the United States who suffer from back pain and examines the various different therapies that are being developed to combat that ailment. Back surgery is not a sure method for the reduction of pain. In 2006, a comprehensive study on back pain will be issued by the National Institutes of Health. The article examines the Texas Back Institute, the actions of Doug Seckendorf, a New York City chiropractor and Norman Marcus, a controversial pain treatment specialist. INSET: RETROFIT YOUR BACK.

The article reports that major investment banks are fighting for the chance to become involved in China's fast-growing economy. Banks like Goldman Sachs, Morgan Stanley, Merrill Lynch and others competed to invest in the Industrial Bank of China's initial public offering in Beijing in March 2006. In the end, Goldman Sachs was handed a surprise rejection and it was announced that Merrill Lynch, Credit Suisse, Deutsche Bank, and China International Capital Corp. would lead the IPO.

The article reports on the business strategies of Best Buy CEO Brad Anderson. The consumer electronics retailer has dominated the market place for ten years by making the store popular. The chain has more than 930 stores stocked with the latest flat panel televisions, game consoles, computers and appliances. The returns per share for investors have been very satisfactory. In order to continue to grow, Anderson plans to shift the company's focus from marketing to customer service, including technical support.

The article discusses Tyco International CEO Ed Breen's decision to split the company into three pieces. Tyco International was rocked by scandal after mismanagement by ex-CEO Dennis Kozlowski, who has since been indicted for corporate fraud. Breen has helped restore the company's integrity and manage its out-of-control debt. Now he wants to split the company up to ensure future growth.

This article discusses China's censorship of Internet sites that contain political dissent and references to politically sensitive topics. The Great Firewall of China has received Western media attention because of Yahoo, Google, Microsoft, and Cisco Systems' cooperation with the censorship. U.S. Rep. Chistopher Smith has proposed a bill that would force such companies to withdraw from China. Google and the other companies argue that the Chinese enjoy more freedom than ever before and that the censorship will eventually lessen.

This article discusses the process through which Toyota came up with its hybrid automobile, the Prius. Yoshiro Kimbara started the G21 project in 1993 to develop a new car with better fuel economy. Akihiro Wada recommended a hybrid engine for better mileage and the U.S. division won the design competition. From 1996 through 1997 a production model was developed. Engineers encountered ignition, battery, and other problems but resolved them before the Prius made its debut in the U.S. INSET: THE TALE OF A 21ST-CENTURY CAR.

This article profiles investor Eddie Lampert. Lampert engineered a takeover of Sears Roebuck & Co. The fact that the vehicle to his acquisition was discounter Kmart was a source of unease to top executives of Sears. A year later, many of those Sears executives are out of the picture and Sears stocks are up 30%. Lampert thinks differently, acts differently, and gets extraordinary results. His hedge fund, ESL Investments, has delivered annual returns of nearly 30% after fees. INSETS: LAMPERT'S SHOPPING SPREE;PLUGGED IN;HOW LAMPERT PICKS HIS STOCKS;EDDIE'S RULES

The article reports on Fujio Mitarai's success in turning around the fortunes of Canon. From 1979 to 1985, he transformed the U.S. branch of the company from a struggling nonentity with only $6,000 in profits for its first year into a profitable business. As Canon CEO since 1995, he has transformed the company as a whole, beating Sony in digital camera sales and cornering the market in photocopy equipment. He now plans to expand to flat screen TVs.

The article profiles New York State Attorney General Eliot Spitzer and discusses his potential in the Democratic Party leadership. Spitzer has been criticized for being anti-business. His approval rating among both Republican and Democratic voters is high and he is campaigning to become governor of New York. His vision of the state as an activist government is mentioned. His career highlights are given. The structural-change approach that he used to prosecute three business cases, which involves a three-step strategy, is discussed. Information about his personal life, including wife Silda Wall, is provided.

Focuses on the opening of Wal-Mart supercenter stores in China. Popularity of the stores; Pandemonium that ensues on opening day; Plans for Wal-Mart to open more stores in China in 2005; Slow growth of the company in China when it first branched out overseas; Challenges that still remain for the store in China; Obsession of the Chinese with everyday low prices.

Discusses business education in China with a focus on Tsinghua University. Mention of Professor Li Mingzhi who modeled his course on one developed by Harvard Business School Professor Michael Porter, The goal of creating Western-style executives and entrepreneurs who can compete in a global economy; Partnerships that Tsinghua is making with American business schools; The reason Tsinghua is described as "China's MIT"; The role of former Premier Zhu Rongji in transforming the university's economics and management department; Details of Professor Yang Bin's course on business ethics; The success of Tsinghua's executive MBA program.

Discusses identity theft and examples of computer hacking into corporate databases. The amount of information stolen from data aggregator ChoicePoint, Bank of America, and shoe retailer DSW, according to the U.S. Secret Service estimate; Why the problem of data security is getting publicity now; Adam Botbyl and Brian Salcedo's scheme at Lowe's home-improvement store in Southfield, Michigan; Philip Cummings' scheme for stealing information while an employee at Teledata Communications; How companies' security and system of safeguards failed.

The article focuses on Sumner Redstone, who has a new wife, Paula, and his plan for Viacom. The sprightly 81-year-old billionaire still gets up every morning at five. But Redstone now begins his day in the gently sloping backyard of his new estate in a gated community of movie stars and moguls high above Beverly Hills. Sightings of Redstone in Viacom's headquarters are less frequent. He flies East a couple of times a month, speaks at investment conferences, and takes several overseas trips a year for Viacom. This recovering workaholic is quite possibly the only telecommuting CEO in the FORTUNE 500. After an unhappy spell sharing power with Mel Karmazin, the former CBS executive who left Viacom last year, he has found in Tom Freston and Leslie Moonves two deputies he trusts. On March 16, in an effort to unlock the value of Viacom's stock, which has fallen 35% in the past five years, Redstone(Sumner Redstone) announced a plan to divide Viacom into two public companies, each aimed at pleasing Wall Street. Redstone's shares are held in a trust, but he is preparing his daughter Shari Redstone, 51, who now runs Boston-based National Amusements, to represent the family interests on the board after his death. Worse, Redstone felt hamstrung, because as a condition of the CBS merger, all of Viacom's division heads reported to Karmazin.

Offers a look at Halliburton Company. Discussion of the accusation that Halliburton was given a no-bid contract by United States Vice President Dick Cheney, a former Halliburton executive; Speculation about whether Halliburton was engaged in war profiteering in Iraq; Report that Halliburton has reported net losses of nearly $2 billion between August 2000 and April 2005 under Chief Executive Officer David J. Lesar; Discussion of the company's stock price; Description of Halliburton's oilfield-service business and its engineering and construction division, Kellogg Brown & Root; Acquisition of Dresser Industries by Halliburton under Cheney; Discussion of Halliburton's asbestos-liability problem.

Focuses on the plans of Walt Disney president Robert Iger to bring the Magic Kingdom theme park to China. Desire of Iger to penetrate the Chinese market; Reaction of the Chinese market to foreign media and entertainment conglomerate corporations such as Disney; Report that regulators in China limit the ability of foreign media companies to sell, distribute, market and identify their television networks; Market penetration of Disney into India; Reference to the book "Work in Progress," by former Disney executive Michael Eisner; Marketing of the Disney brand in China by teaming up with the Communist Youth League; Role of Stanley Cheung as Disney's main China manager.

Focuses on Nokia, a Finnish cellphone maker whose stock price has fallen. Discussion of reasons Nokia lost market share; Challenge faced by chief executive officer Jorma Olila in marketing new designs to improve the company's performance; Competition from Motorola, Sharp, and Sumsung; Olila's career highlights; Reorganization of Nokia and its management team; Comments from Olila, Anssi Vanjoki, Pekka Ala-Pietlia, and Olli-Pekka Kallasvuo; Financial data on Nokia. INSET: Why Finland loves Nokia: Let us count the ways.

Profiles WPP chief Martin Sorrel. How Sorrel built his global advertising agency; His effort to win an account from Samsung; Sorrell's strategies; Overview of the company; Competition; Potential acquisitions; Financial details; How two major advertising trends are playing into WPP's strengths; Agencies and affiliates in the WPP empire; Sorrell's image and reputation; Biographical and career details; Consolidation gains; The fast-growing business of planning and buying ad campaigns for clients; Changes in the industry; Concerns for WPP shareholders; Outlook for growth.

This article focuses on Eliot Spitzer, who is campaigning against insurance companies. Indeed, Spitzer's latest blitzkrieg--launched with his Oct. 14 civil complaint against the world's largest insurance broker, Marsh& McLennan--offers the clearest window yet into how America's muckraker-in-chief does it. Why, critics ask, should the attorney general of New York State be allowed to interfere in longstanding insurance practices? Spitzer's two previous landmark investigations--into Wall Street research and trading abuses in the mutual fund business--had also focused on conflicts of interest.

The article focuses on Richard A. Grasso, former chairman and chief executive officer of the New York Stock Exchange (NYSE). In the wake of such corporate scandals as Enron and WorldCom, Grasso negotiated a new contract giving him a staggering $140 million payout. After privately investigating Grasso, the exchange turned the matter over to New York State attorney general Eliot Spitzer, who sued Grasso, demanding the return of more than $100 million. Spitzer accused Grasso and former NYSE compensation committee chairman Ken Langone of deceiving board members. Grasso sued the exchange, demanding an additional $50 million and accusing successor John Reed of defaming him. Despite the huge sums at stake, Grasso and Langone insist the fight is not about money, but about honor. If and when the Grasso case goes to trial, nobody is going to come out looking good. The process by which Grasso's pay was set was a perversion of corporate governance--an eight-year accumulation of mistakes, misjudgments, and lack of oversight by the board. A "FORTUNE" magazine review of events leading up to Grasso's $140 million paycheck suggests that at critical moments along the way the directors were deceived. INSET: WHAT THE KEY DIRECTORS DID.

The article examines China's emergence as an economic power. Chinese telecommunications equipment giant Huawei Technologies global prowess is one of many signs that the world's most populous nation is coming into its own. China has emerged as one of the most powerful--and unpredictable--forces in the global economy. Analysts disagree about whether China's economy can sustain its torrid pace. CLSA Asia economist Jim Walker predicts China will grow faster this year than last. Analysts at Goldman Sachs have projected that China's economy will overtake Japan's by 2015 and America's by 2039. But econometric models cannot compute all the variables in the China equation. It is, after all, an experiment without precedent in economic history. No other communist nation has managed the transition to the global marketplace with greater aplomb. Then again, no country has ever attempted to do it in quite this way. Yet for all the trappings of a centralized economy, China lacks a coherent central plan. And Beijing's reluctance to relinquish control of large enterprises, while throwing open the economy to foreign competition, makes life tough for China's global contenders. INSET: TRADING GIANT.

This article focuses on the 100 million children in China and their growing effect on the economy. Many analysts predict that as their purchasing power increases, China's so-called little emperors will emerge as a driving force of lifestyle and market trends beyond China--not only in Asia but in the U.S. and Europe as well. And as they venture into the workplace, new graduates are figuring out that their status as only children, combined with the inadequacy of China's public pension system, means that responsibility for caring for aging grandparents and parents will fall to them.

Offers a look at the lack of national security at the United States' borders as of September 2004. Report that more than 4,000 illegal aliens travel across the U.S.- Mexican border in Arizona every day; Rise of the number of immigrants from countries with large populations hostile to the U.S.; Statement that the border patrol is run by the Department of Homeland Security; Suggestion that the movement of illegal immigrants across the border provides cover for terrorists seeking to enter the U.S.; Report that the flood of illegal immigrants provides a supply of cheap labor to corporations, which helps keep down the cost of various goods and services; Discussion of President George W. Bush's proposal for a temporary worker program that matches foreign workers with U.S. employers when no U.S. citizens can be found to fill the jobs; Statement that illegal immigration affects both the economy and national security; Report that Mexican President Vicente Fox has encouraged the migration; Damage done to private property by the illegal aliens; Claim that the U.S. arrests just enough illegal immigrants to create the illusion that it is enforcing the immigration laws; Report that corporate managers smuggle alien labor into the U.S. to take jobs at low wages; Lack of enforcement of laws that make the hiring of illegal aliens a crime; Reference to an alien-smuggling trial in 2003 involving Tyson Foods Incorporated; Failure of federal agencies to separate illegal immigrants who are a threat to national security from those who are not; Amount of illegal aliens with criminal records; Case of Victor Manuel Batres-Martinez, a repeat offender and illegal alien, who continued to be arrest for crimes and released. INSET: PLAYING BY THE RULES.

This is an article that presents lessons learned about business from six diverse companies, including Electronic Arts and Coach. For the head of any public company, growth, like yardwork, is the job that's never done--the new blanket of autumn leaves falling before you're able to haul the first batch away. So we plucked six diverse companies from our sizzling 100--ranging from a century-old food manufacturer to a videogame king--and peeked inside their toolsheds. To ramp up business further, Chico's reintroduced a frequent-shopper program it had suspended in the mid-1990s called Passport Club that gives special awards and discounts for loyal customers. Last fall Chico's, which is debt-free, spent$ 93 million to buy Maryland specialty retailer White House/Black Market, which focuses on younger women who prefer sexier clothes than the typical Chico's customer would wear. In December 2000, Symantec began a series of acquisitions (one of the latest being Brightmail, an e-mail spam blocker), with the goal of building a market-dominating enterprise-software business focused on Internet security--offering corporate clients everything from firewalls to sophisticated intrusion-detection systems.

This is an article on the efforts of the United States to keep terrorists from entering the country. Tom Ridge's Aug. 1 warning of an imminent terrorist strike on America, followed by reports that terrorists may be planning to hijack chartered helicopters in New York City, invites some fundamental questions about the current state of our national security. The government's fundamental strategy is to erect a "virtual" border outside our geographic boundaries--a primary layer of security that begins at the point of origin of every foreign visitor, truck, and container, so that the physical border becomes the last line of defense instead of the first. Consider the U.S. Visitor and Immigrant Status Indicator Technology program, better known as US-VISIT, the border initiative on which the government is spending the most money. Last fall U.S. Customs and Border Protection also began to receive advance information from airlines about the passengers on every international flight bound for the U.S. so that they can check it against terrorist watch lists before the flights arrive. Robert Bonner, the commissioner of U.S. Customs and Border Protection, says that US-VISIT has already prevented several hundred people wanted for serious crimes from entering the U.S. (though he won't say whether any of them were suspected terrorists). INSET: FIVE WAYS THE U.S. IS PROTECTING ITS BORDERS.

This article discusses how public pensions are sapping money from taxpayers. Let's just call it what it is: gaming the system. If you've read the metro section of your local newspaper--or seen recent reports in the Los Angeles Times, the Chicago Tribune, or the New York Times--you may have heard about some state and municipal employees receiving outsized pension payouts, far above what they ever made while working. But chances are you have a sense that the excesses are isolated incidents. As shocking as it may be, though, the public pension morass is bigger, more wide ranging, and ultimately more costly than anything you've seen in the corporate world. The practices, quietly approved by elected officials, allow workers to dramatically spike their pre-retirement compensation, to retire on more than 100% of their pay, and to draw both their salaries and pensions, with guaranteed market returns, simultaneously. INSET: PENSION DEFICIT DISORDER: STATE BY STATE.

Traces the history of the credit card. How the first credit card, Diners Club, was started; Extent of the credit card in today's economy; Growth of credit cards among the middle class; Efforts to fight credit card fraud; Role of Visa in making credit cards a viable method of payment; Future of cashless commerce.

Discusses how Canadian drug imports cost significantly less than the pharmaceutical industry in the United States. Rise in health-care spending by 9.3 percent in the U.S. in 2002; Consideration of how the practice of importing prescription drugs across the border is illegal; Need for drugs to meet the health requirements of the Food and Drug Administration (FDA); How some imports have been recalled because of manufacturing defects; Possibility that U.S. local and state governments will begin to buy drugs wholesale in Canada in order to preserve the inflated prices; Expectations for the Medicare bill to reduce the price of health care. INSET: BEHIND THE BIG PROFITS … 10 BLOCKBUSTER PRODUCTS.

Reports on the fall of Merv Adelson, TV mogul, multimillionaire and a friend of the famous. The man with a fortune once reported to be $300 million who filed for personal bankruptcy; Head of Lorimar Telepictures which produced "Dallas", "Falcon Crest", "The Waltons" and more; Background on the rise of Adelson; Costly decisions to expand into advertising and selling videos; Venture capital fund, East West Venture Group which took half his money to start up; Collapse of dot com's and other bad investments; Borrowing against Time Warner stock until the debt overreached the value; Predictions of a comeback.

Focuses on the outlook for the United States to be challenged by future recurring oil and natural-gas crises, as of July 2003. Impact of a shortage of natural gas on the economy; Background on the national energy policies that have been proposed by lawmakers and presidents; How the White House and U.S. Congress is responsible for the U.S. dependency on foreign energy sources; The actions taken by Congress in regard to natural gas and the effect on energy-dependent industries; Effort of the U.S. to build a supply of liquefied natural gas, which impacted gas prices; Energy proposal of U.S. President Richard Nixon concerning crude oil production and imported petroleum products; Legislation to promote conservation after the 1970s energy crisis; The cost of alternative energy projects such as solar.

U.S. President George W. Bush and Congress have pushed through that tax cut--the largest since the Reagan tax cut of 1981, no less--and you're seeing the happy result already right there on your paycheck. You may even be moved to say, Thank you, Uncle Sam, for cutting me a little slack. But for millions of Americans, Uncle Sam is doing a head fake: Washington fully intends to take back a large chunk of that tax cut. We're talking about something sneakier and much nastier: the Alternative Minimum Tax, or AMT. Put simply, the AMT is a tax regime that high-income people get thrown into when they take lots of deductions or enjoy a big jump in income, such as by exercising a heap of stock options. It's a kind of parallel tax universe that has very few deductions and forces you to pay far higher taxes in the future than you'd pay under the regular system. You lose the breaks for costs that Congress has consistently and vocally deemed break-worthy: things like property taxes, state and city income taxes, exemptions for children, the interest on home-equity loans--in fact, pretty much everything but mortgage interest and contributions to charity. What's most troubling and least understood about the AMT is the growth trajectory it's now on. According to a study by the Urban-Brookings Tax Policy Center--class warriors, please note, this is a liberal think tank--the number of Americans exiled to AMT land is about to explode. Indeed, by 2010, 33 million taxpayers, one-third of the total, will pay the AMT if the rules aren't changed. The AMT is even scarier when you look at this growth in dollar terms: By 2010, 55% of the income generated in this country will be subject to the AMT. If Washington does nothing, the AMT is on track to supplant the existing body of rules, rates, and deductions and become the dominant tax system in the U.S. INSET: Meet the Henrys.

Describes the energy crisis in Iraq as of May 19, 2003. Importance of Iraq in the global oil market; Consideration of breakdowns in the crude-oil machinery such as fractured pipelines, controls damaged by looters, and rusting equipment; How U.S. forces put a protective shield around the Oil Ministry building in Baghdad, Iraq; Impact of the oil industry on the living standards of Iraqis; Relationship between Iraq and countries such as France, Saudi Arabia, Russia, and China; Diversification of U.S. supplies.

Part II. Reports on the unequal distribution of federal aid to Native American tribes, their political clout that helps protect the gaming system, and the profitability of Indian casinos in the United States. Example of the wealthy Mississippi Band of Choctaw Indians, their Silver Star Resort & Casino, and their success in getting political favors; Discussion of lobbying at the Bureau of Indian Affairs (BIA), inequity to poorer tribes because of the BIA method of distributing tribal-priority-allocation funds, tensions between gaming ventures on Indian reservations and surrounding communities, the power of the Seminoles in Florida, the Indian Gaming Regulatory Act, and the issue of pseudo slot machines. INSET: When Is a Slot Machine Not a Slot?.

Focuses on gambling in the United States that is on Indian reservations. Idea that the casinos are making millions in profits for investors, but are providing little to needy Native Americans; Background on Sol Kerzner, Lim Goh Tong and Lyle Berman and how they benefit from gaming industries on reservations; Story of Anita Hollow Horn, a member of the Oglala Sioux tribe in South Dakota, and the lack of the tribe's prosperity from the Prairie Wind Casino; Efforts of the National Indian Gaming Commission to police gambling on reservations; How prime real estate is being claimed as reservation land to improve location of casinos; Discussion of investor activity and the role of the Bureau of Indian Affairs. INSETS: Uncle Sam Lends a Hand;A WINNING HAND.

Discusses the legalization of betting on college sports games in Nevada. Concern of universities over game rigging and point shaving as a result of the gambling; Opinion that the United States Congress has not outlawed betting on college sports in Nevada because of the contributions that the gaming industry makes to both political parties; Focus on links between legal and illegal gambling.