Word: bidness
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Dates: during 1990-1999
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...Jacques Chirac, whose prospects had been eclipsed by Balladur's Teflon popularity, and former President Valery Giscard d'Estaing. To crowd the field further, populist tycoon Bernard Tapie, under multiple criminal investigations, headed a high-scoring left-wing, pro-Europe ticket, which could inspire him to launch . a presidential bid...
Former Washington mayor Marion Barry is gaining steam in his bid for a comeback, despite his 1990 conviction for cocaine possession. A Washington Post poll shows Barry, now a city councilman, leading the D.C. mayor's race with 38 percent, 12 points ahead of challenger John Ray and 22 points above Mayor Sharon Pratt Kelly. While many black voters think Barry's trial made him a martyr to white racism, TIME senior correspondent Jack E. White says Kelly's recent municipal floundering has brought nostalgia for the '80s mayor: "The main thing is, he's remembered as a guy whom...
Once one of the most respected powers on Wall Street, the brokerage firm Kidder Peabody, went through a management shake-up today in a bid to regain some of its lost reputation. Kidder owner General Electric was rumored to be pondering whether to dump the poorly performing financial house, especially in light of recent allegations that the company's leading bonds trader had dramatically inflated actual profits. GE seems more committed than ever: along with the management shuffle, it recently sunk an additional $200 million into the enterprise...
...often the best tickets: the first 10 rows at an Elton John concert or the N.B.A. finals. They are the reason that even the fans who sleep outside the box office to be first in line find that they cannot buy a front-row seat. It is scalpers who bid up the price of a Rolling Stones ticket, for example, from $55 to $350. Typically, none of this end-stage profit goes to the performer, though a few bands are rumored to trade heavily with scalpers, holding back most of the best tickets from box-office sales. Ultimately...
...record $5.4 million in 1992 to win a seat in the House. Most went to media markets: "He was on all channels all the time. I got sick, I couldn't watch anything," recalls loser Bob Lagomarsino. After only a year as a Representative, Huffington announced his 1994 Senate bid. His progress has been steady: while polls in April gave him only 30% against incumbent Dianne Feinstein's 56%, by May he had narrowed...