Word: clouts
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Dates: during 1990-1999
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Another prominent O'Connor to Copley to Kroc triple play made possible San Diego's recent Soviet Arts Festival. The mayor first dreamed up the idea of a big 22-event festival with a flashy Faberge show couched among operas and ballets. But it took the money and clout of her two friends to surmount vehement opposition to it. Copley and Kroc covered half the festival's budgeted cost by anteing up $500,000 and $1 million respectively. Then Copley's opinion-making dailies swung behind it. To clinch the deal, Kroc kicked in with a $2.8 million Faberge...
Television is one of those peculiar institutions (professional sports is another) where the underlings often wield more clout than their bosses. The faces onscreen, after all, are what count for the audience, not the faceless executives who ostensibly hire and fire them. David Burke, president of CBS News, found that out the hard way, when he suspended 60 Minutes commentator Andy Rooney last month for allegedly making offensive remarks about blacks and homosexuals. The uproar over the suspension was instant and unrelenting. Thousands of complaints from viewers poured in to CBS. Press critics chided the network for trampling on Rooney...
Because CLUH members--and administrators as well--know they have the clout of the Civil Liberties Union of Massachusetts (CLUM) and the American Civil Liberties Union (ACLU) to carry them, CLUH has an extra leg to stand on in dealing with the administration, Ryan says...
...loosened or even cut, can be expected, like Pinocchio, to misbehave as badly as ever. Fidel Castro, for example, is almost as much at odds with Moscow as he is with Washington. But that is no argument for a diplomatic boycott. Quite the contrary. The U.S. would have more clout with such miscreants if it dealt with them directly, through American ambassadors who could remonstrate with local officials and gather intelligence...
...Milken's clout grew, financial journalists described him as the most powerful financier since J.P. Morgan. But Milken's penchant for working by his own rules and controlling every situation proved to be his downfall. Drexel's huge profits and free-wheeling methods attracted the attention of federal prosecutors who believed that, among other offenses, Milken fed inside information to a network of traders to manipulate the stocks of his target companies. Prosecutors first snared Dennis Levine, a Drexel investment banker, who pleaded guilty in 1986 to four counts of profiting from insider trading. The Government then got Levine...