Word: bibb
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...this a vote of confidence or something darker? "What John Malone giveth, John Malone can taketh away," says Porter Bibb, a media-investment banker at Ladenburg, Thalmann who has been a frequent critic of Levin's. Bibb believes that Malone saw the merger as an avenue to power. "Levin is now a puppet on Malone's strings. Malone is never going to be CEO of Time Warner. He'll probably never sit on the board. But he wanted to control Levin, and now he does." A scenario even has Malone divesting some cable interests, getting back his voting stock...
...Ovitz, a.k.a. Hollywood's Most Powerful Man, had passed up a $250 million offer to run MCA. So the news that he would be Eisner's-or anyone's-No. 2 left observers giddy with admiration. "Disney now is not only the world's biggest entertainment company," says Porter Bibb, managing director of the brokerage house Ladenburg, Thalmann & Co.; "it is also the best-managed...
...annual salaries of $2.7 million, as well as $50 million in deferred compensation. Sony then shelled out assets worth $500 million to settle a lawsuit that had been filed by Warner Bros., which had Guber and Peters under contract. "This was an obscenely expensive arrangement," says Porter Bibb, an analyst at Ladenburg, Thalmann in New York...
...efforts, Walker makes about $200,000 a year. He travels in a chauffeured black Cadillac, which he briefly exchanged during the 1973 energy crisis for a wine-red Buick, and frequents the fashionable Burning Tree Golf Club and Sans Souci Restaurant, where a salad of Bibb lettuce and anchovies is named in his honor. But he also cultivates a deceptively down-home cornpone image. He and Wife Harmolyn rarely go out at night. Most of their entertaining is casual, such as weekend barbecues-over mesquite wood from Texas. Walker has another specialty: fried catfish. Says he: "You get some Yankees...
Suppliers cannot keep up with the demand. "I've been out of orange trees for two months, also lemons and kum-quats," says Miami Nurseryman Mark Ancet. "It's just gung-ho," notes Al Muller, at a Wilmette, Ill., nursery. "We're running out of Bibb lettuce, celery, carrots, and we can't get new supplies." In New England, the Finast supermarkets find 40-lb. bags of cow manure (at $1.99 a bag) selling at record rates...