Word: businessmen
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...absence of a strong class of businessmen or a highly organized church -- both of which existed in the Philippines when Ferdinand Marcos was deposed -- the party and the 163,000-troop Burmese army it controls have a virtual monopoly on political power. The likelihood is that any new leadership will be drawn from the military. If the army engineers a coup, chances are that the move will be led by younger officers, men in their late 40s who are unlikely to take a favorable view of the party's policies. Explains Kiryu: "Those in their 60s and older, who experienced...
...French Quarter, filled with thousands of convention goers, hosts eager businessmen who stand on city sidewalks, luring Republicans inside. Outside a bar boasting "the only female impersonators in the Quarter," a bouncer wears a "Make Vice President Bush President Bush" button...
Many minor-league owners are major-league businessmen. The Buffalo Bisons are owned by Robert Rich Jr., president of the Rich Products frozen-food conglomerate, whose family is worth an estimated $450 million. Winston Cox, chief executive of the Showtime cable television network, is a principal owner of the San Jose Giants. The bush leagues have also attracted big-name investors. Among them: Singer Pia Zadora, an owner of the Portland Beavers of Oregon; Actor Mark Harmon, who has an interest in California's San Bernardino Spirit; and George Brett, the Kansas City Royals player, who is part owner...
...minors used to be limited, since about 90% of the farm clubs were once owned and operated by the major-league teams. But by the mid-1970s, as minor-league attendance hit a low point and expenses began to rise, major-league owners began unloading the subsidiaries to local businessmen. Today less than 15% of the teams are owned by major-league clubs...
Despite the subsidies, many businessmen who bought minor-league teams back in the mid-1970s had a hard time turning profits. Recalls Stan Naccarato, president of the Tacoma Tigers: "Some of those owners couldn't sell $10 bills for a dime." They were happy just to kick the dirt in the dugout and scout the next Nolan Ryan...