Word: bonanzas
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Dates: during 1990-1999
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...merchandising bonanza prompted by a name change could bring in untold millions more. Undoubtedly, every student, alum, and Crimson enthusiast (I suppose the color could stay) would want to take home a piece of the new brand-name of elite academia. Added to this would be the stampede of the sentimentalists and investors wishing to get hold of vintage H-clad "collector's items" while they last--Everything Must...
With bonuses typically accounting for up to 90% of annual pay, this year at least 1,500 Wall Street hotshots will earn $1 million or more in the year-end bonus bonanza. Says Alan Johnson, a New York compensation consultant: "This is the best year ever in terms of pay, probably 30% higher than the high point of the '80s." In the first nine months of 1996, any number of Wall Street firms had already earned considerably more than they did in all of 1995. In addition to brokering stocks, investment firms are benefiting from underwriting fees on a record...
...thoughts that Oprah's Book Club might simply be a novelty or a fluke vanished a month later, when the second recommendation was announced: Toni Morrison's Song of Solomon, a phantasmagoric account of a black man's search for his identity and past, first published in 1977. Bingo! Bonanza time all over again. The current paperback publisher, which released 360,000 copies of Song of Solomon between 1987 and Oprah's selection last month, immediately churned out 730,000 more. On the day that Morrison appeared on air with Oprah, Barnes & Noble sold 16,070 copies of Song...
Consider too that Wall Street has an abysmal record on predicting politics. In 1992, for example, stocks of health-maintenance organizations soared as Clinton gained momentum. Wall Street assumed his reform measures would bring a business bonanza to cost controllers in health care. But it didn't work. Since Clinton's win, HMO stocks have lagged. Although health-care inflation has moderated, Clinton never achieved the reforms the market expected...
...likely. The new bad feeling will complicate the bargaining and give the media yet another bonanza. Charles went about his public duties, but Diana abruptly withdrew from a fund-raising event for the British Red Cross, of which she is patron. Said Atkinson: "She is upset and decidedly...