Word: bonus
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Most environmentalists espouse recycling, but Andre Carothers, editor of the bimonthly Greenpeace, implores his readers to pass the magazine on to friends or institutions before letting it go to the shredder. Now Carothers himself is looking for a wider audience for Greenpeace, which normally serves as a bonus house organ for 2 million members of its eponymous environmental organization. Last week he started to put some 20,000 copies of the publication on national ! newsstands and in bookstores, hoping to attract new readers with "information and avenues for action that are useful to the movement and the planet...
Most Outrageous Bonus Just two months before declaring bankruptcy, the investment firm Drexel Burnham Lambert handed out $260 million in bonuses to its employees. Some reaped as much as $10 million. The total was more than twice what the company could have used at the last minute to avoid defaulting on its debts...
...pressed shopper's prayers. Careful study of this stack offers a handy citizen's guide to the most urgent political, environmental and social issues of the day. Cast in the best light, direct mail is the great American transcontinental linkup. It binds one nation, under Ed McMahon, indivisible, with bonus coupons and toll-free shopping...
...that Perez plans to leave the Saddam bonus unspent. His government intends to build new wells, refineries and storage facilities. During a meeting in New York in October, Perez told George Bush that Venezuela plans to expand its production capacity. Great, said Bush; a former Texas oil speculator himself, he wasted no time in urging Perez to liberalize Venezuelan foreign-investment laws even further and let U.S. companies join in exploration and production. Perez's political opponents might make that difficult for him, since it was he who nationalized Venezuela's U.S.-dominated oil industry in 1974. But whether Yanquis...
Remember the peace dividend that was supposed to result from the end of the cold war? Forget it. Saddam Hussein's grab of Kuwait not only created a new and unpredictable defense-spending burden of its own but also handed the Pentagon a gulf-crisis bonus. The budget that was approved last week cut only $18 billion in defense appropriations, vs. the $24 billion favored by the House as recently as September. Still, the $288 billion funding represents an 8.5% drop from the last fiscal year's spending and may shave 25% from projected defense outlays over the next five...