Word: bets
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Dates: during 1990-1999
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...reality, there's not much left of the Comcast ranch to bet. Roberts and his father Ralph, 77, who own 7% of Comcast stock, have spent billions building up a collection of programming and telecom services. The list includes 57% of QVC (home shopping); a 68.8% piece of E! Entertainment (programming); the N.B.A.'s Philadelphia 76ers and the N.H.L.'s Flyers (more programming); a 20% stake in Teleport Communications Group (business telephone service); and a 15% position in Sprint Spectrum (cellular telephones...
...STEIN is no Einstein, but the Nixon speechwriter, Pepperdine University law professor and eye-ointment pitchman is willing to bet his salary he knows more than most folks. Stein will star in a new TV show on Comedy Central, Win Ben Stein's Money, where contestants vie for a share of his $5,000-a-show paycheck by beating him in a general-knowledge quiz. "I've been reading the almanac over and over," says Stein. "I know a lot already, but I hope none of my family is ever a contestant." (His father Herb was chairman of the Council...
DIED. GEORGE FENNEMAN, 77, Groucho Marx's announcer who perfected the art of the sidekick laugh on TV's You Bet Your Life; in Los Angeles. His velvet voice also introduced Dragnet...
...than for their parents or grandparents. More than three-quarters of Xers say, "No matter what I plan for the future, when I finally get there, it's always something different." Some opt out of the rat race. "What seems like apathetic hedonism actually represents a fairly informed bet," American Demographics columnist Marc Spiegler wrote recently. "Why put up with the cubicled world's woes when its promised delayed gratification is an ever more dicey proposition?" The slogan on Eddie Bauer's shopping bags puts it succinctly: "Never confuse having a career with having a life...
...keep prices from getting out of hand. But these days, inflation is barely on the radar screen, even though the unemployment rate has fallen to 4.9%, a level not seen since Richard Nixon was President. That astonishes Princeton economist Alan Blinder, a former Fed vice chairman. If he had bet on such results four years ago, Blinder notes, "I could have got odds of 10,000 to 1 [against them]. That's how unexpected this expansion has been...