Word: allenate
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Dates: during 1990-1999
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...Israel Singer it started with a book. In 1994 he chanced to read a Paul Erdman novel, The Swiss Account, that alluded to Allen Dulles' wartime role as America's top spy in neutral Switzerland. The hints of unsavory Swiss behavior enticed the ordained rabbi and former political science professor from New York City into reading a biography of Dulles, which made reference to a U.S. intelligence operation code-named Project Safehaven. Its mission: to track down Nazi gold and loot being smuggled out of the Third Reich...
While Ovitz is unlikely to settle for a mere job, investment banker Herbert Allen, head of Allen and Co., has told inquiring moguls that he thinks Ovitz would have no trouble raising money to acquire a midsize company--and Allen's clearly a guy who would know--though no obvious candidate springs to mind. And Gordon Crawford of the Capital Group, which controls major stakes in Disney and Time Warner, says he would consider investing in an Ovitz venture. After all, he observes, "the guy was very successful in one career." He's referring, of course, to Ovitz's work...
...Picasso. A designer's dream, surely. But the less good news may be more important: the picture is murkier than images on most old-style television sets, and the Ivana-thin display costs, ahem, $25,000 (for the 42-in. incarnation, on sale at Hammacher Schlemmer). Nonetheless, TV analyst Allen Griffin says the set is a good omen. The breakthrough "plasma" technology that made these high-end boxes possible should push higher-quality, lower-cost versions into the price range of mortals sometime near century...
...keep the young math whiz quiet by marching him off to program a hulking mainframe. In high school, he and his pals jury-rigged a low-powered radio station that skirted fcc rules and broadcast student news and sports programs to the classrooms. In 1983 Microsoft co-founder Paul Allen lured the Yale grad to Redmond, Washington, where Glaser quickly ascended to the company's topmost ranks, just under Bill Gates...
...Hollywood films: the nervy little guy. That can be misleading, since most of the "independent" companies are owned by media conglomerates: Miramax by the Walt Disney Co., Gramercy (which released Fargo) by Polygram, Fine Line (Shine) by Time Warner. October Films (Secrets & Lies) is partly financed by mighty Allen & Co., but despite rumors that it is open to a takeover bid, Bingham Ray vows to maintain autonomy. "We're at the peak of our game right now as a privately held, true independent," he says...