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Even a lower-echelon dealmaker or trader could drown in this year's bonus pool, filled by the huge flow of investors' money into Wall Street and by auction-quality bidding for talent. "It's like Madonna or Michael Jordan," exclaims Alan ("Ace") Greenberg, chairman of Bear Stearns and one of the Street's franchise players. This year Ace scored bonuses, on top of his cheesy $200,000 base salary, adding up to $18,840,701 in cash, stock and what a proxy statement calls "other compensation," more than double the pedestrian $8 million he got last year. And that...

Author: /time Magazine | Title: BULL BONUS BONANZA | 12/30/1996 | See Source »

...teenage drug use were the kind of problem a school could solve, New Trier would probably ace it. It was among the first high schools in Illinois to face up to the last teenage drug explosion, in 1981. "We made a decision then to go public and say we have a problem," says Jon White, assistant principal for student services. When school officials decided in 1985 to go outside to hire a full-time person to deal with substance abuse, they opted not for an enforcer or an educator but for Mary Dailey, a social worker from an adolescent treatment...

Author: /time Magazine | Title: HIGH TIMES AT NEW TRIER HIGH | 12/9/1996 | See Source »

...ace Clinton played at just the right moment was the one that trumped his own party--saying to an electorate that is sick of politics that he is sick of it too. That may be the theme of the second term. "We're trying to get away from the old D's and R's," said a campaign aide. "The President wants this term to be an affirmation that that's all gone, washed away...

Author: /time Magazine | Title: OUR JOURNEY IS NOT DONE | 11/18/1996 | See Source »

...These results are particularly compelling because patients enrolled in CARE already were benefiting from optimal post-heart attack treatments such as aspirin, beta blockers, ACE inhibitors, bypass surgery or balloon angioplasty," Pfeffer said...

Author: NO WRITER ATTRIBUTED | Title: Study Finds Drug Reduces Risks of Stroke, Death | 10/8/1996 | See Source »

Then Pete did something unbelievable. He cracked a second-serve ace wide to the deuce court to set up a match point. Boston Globe sportswriter and general tennis guru Bud Collins described it as the single greatest swing of a tennis racket he had ever seen. It was one of those moments in sports that brings you out of your seat, no matter where you are or when...

Author: By Keith S. Greenawalt, | Title: In Case You Missed It | 9/19/1996 | See Source »

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