Word: barnette
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...possible combinations--in other words, 80 million different tickets? Well, you could win $295.7 million if no one else picked the winning number. Or you could split it with, say, 10 other winners and lose $50 million. In this imaginary scenario, "you're guaranteed to win something," explains Arnold Barnett, a statistician at the Massachusetts Institute of Technology, "but will you recoup your investment? That depends on how many other people...
...storied criminal-law firm, Williams & Connolly, founded by the quintessential insider, Edward Bennett Williams. The firm and its connections into virtually every corner of Washington's criminal bar account for much of the leverage Kendall holds; many of the figures in Starr's case hired lawyers recommended by Kendall, Barnett and others at their firm, and Kendall has long-standing ties to Lewinsky's lawyers as well. As one witness after another parades before the grand jury, it is perfectly legal for everyone in this network to share what has been said in the secret proceedings and what they have...
Even here in Beantown, in an Adams house common room straining to hear John Sterling and Michael Kay's call over an Internet feed, temporarily abandoning Jackson Pollock and Barnett Newman for the exploits of another New York school, Well's quest for baseball legend shone through...
...combined company." Last year saw a record 72 bank acquisitions valued at more than $100 million apiece. The big gulp: a $16.5 billion deal by First Union--McColl's crosstown Charlotte rival--to acquire Philadelphia-based CoreStates Financial. That topped McColl's $15.5 billion buyout of Barnett Banks in Florida...
McColl's buyouts, like his climbs, have been strewn with rocks. After spending $9.6 billion for Boatmen's Bancshares in St. Louis, Mo., in January 1997, he waited barely a year to announce a $15.5 billion deal to buy Barnett. Then he backed away from a pledge to cut $450 million out of Barnett's costs this year because of difficulty digesting the earlier acquisition. Nonetheless, NationsBank is shedding 200 branches in Florida (including 124 that state regulators have ordered it to divest) and reducing the merged workforce from 30,000 to 22,000. Gleeful local rivals have launched...