Word: contracting
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Dates: during 1990-1999
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...White House sprang its trap. By unleashing a packet of letters and phone records, gifts and invitations from Willey, it went a long way toward clouding her image as a woman mistreated by a rogue President. That evening lawyer Bob Bennett publicized her efforts to snag a fat book contract. Two days later, by coincidence, Willey's onetime friend Julie Steele released her affidavit painting Willey as a liar. Within 48 hours the President was enjoying a reaffirmation of his lofty approval ratings, the public was back enjoying March Madness, and the pundits who had pronounced Clinton dead were once...
...million, which included the right to promote five exhibition games. The U.S. soccer team: at least $130 million. Nike even tried to steal Bayern Munich, the New York Yankees of Germany, from Adidas. The effort failed, but it forced the German company to triple the price of the previous contract. Nike's appearance, as well as more sophisticated management by the teams, has had a similar effect on the price of sponsorships...
...primary house--so long as you have lived in it for two of the past five years. Again, '97 is a transition year with important cutoff dates. The old rule applies to sales before May 7, the new rule after Aug. 5. If you sold, or went to contract or even bought a new house without having sold the old one in between those dates, you get your choice...
That's no small consideration--especially in high-cost regions like California and the Northeast, where longtime homeowners may have gains of $1 million or more. "We have a number of people in that category," Mellon's Doyle points out. If they sold or went to contract on a new house before Aug. 5, they can still roll that $1 million-plus gain into a new residence and avoid a hefty capital-gains tax. But if their gain is under $500,000, they should take the new exclusion and not pile up a big gain in their new home...
Campbell, who is in the fourth year of a six-year contract to star in Party of Five, says she will be through with TV after her deal is up. In order to work simultaneously in TV and film, she has sometimes had to put in seven-day weeks. "I need to have a life," she says. "I don't have one right now." The long hours seem to have taken a toll on her personal life. She says she's in the process of getting a divorce from her husband Jeff Colt, who is also an actor, though...