Word: clouts
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...bill's sponsors said the council's endorsement would give the organization more lobbying clout...
...appease the Street's insatiable demand for growth, Polo last week bought Club Monaco for $81.5 million. What it got was a Canadian-based retailer that sold $90 million of designer-style (did somebody say Prada knock-off?) wear last year and has clout with the coveted youth market. And with only 13 stores in the U.S., Club Monaco has room to expand. Fashion insiders see Club Monaco as eventually becoming Ralph's stylish answer to the Gap and Banana Republic. What the purchase was not, Lauren insists, "is a mass-market answer to feed a starving stock...
...Sound ridiculous? Believe it. Recent winnersTitanic, The English Patient, Braveheartand Schindler's List all conform to thismoronic but increasingly reliable dictum. Okay,Private Ryan only edges out The Thin RedLine by a few seconds (both films have anofficial running time of 170 minutes), but itsmonster box-office and industry clout virtuallyensure a win. If the two war flicks split thevote, Shakespeare might come from behind,but don't count...
Joining a national initiative gives the schools more clout, according to Durkee...
...outside observers, it was one more example of how far the A.M.A., and by extension the entire medical profession, has fallen. In the group's heyday in the early 1960s, 70% of practicing physicians were members, and the A.M.A. wielded enough political clout to rewrite Medicare laws. Now roughly 30% of physicians belong, and the organization has been dogged by bungled decisions, like the short-lived deal it made two years ago to endorse Sunbeam products...