Word: controller
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Dates: during 2000-2009
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...Things would get worse. With sponsors turned off by Jackson's private life - Pepsi and sneaker brand LA Gear, for instance, had backed him - he further lost control of his finances. Duff investments and a divorce settlement with Lisa Marie Presley helped push Jackson to increasingly use his earnings from music as collateral for loans, first from Bank of America (BoA), before Fortress Investment Group, a specialist in distressed debt, took the loans off BoA's hands. By the mid-2000s, Jackson was believed to be $270 million in debt. (See Thriller's entry on the All-TIME 100 Albums...
...insisted I call you." He had solicited all the Angels to do a poster in a bikini, which he would sell and give the star a percentage of the profits. My understanding is that the other two turned him down. Farrah had made a deal in which she had control of the image - she got to pick the picture and kill everything that wasn't used - and this guy said, "I've hired two photographers, had two photo shoots, spent all this money, and she hates the pictures. She said, 'Call Bruce McBroom...
...great financial question confronting the American people lately has to do with their withered investment portfolios. After the government's huge stimulus package, there is a sense of relief that the financial crisis seems under control, but there is also a lingering suspicion that economic malaise may be here to stay, even if big outfits like the Organization for Economic Cooperation and Development say otherwise. (On Wednesday, the OECD joined the list of optimistic forecasters, saying that economic growth would return in 2010 and be better than the organization had expected just three months...
...growing chorus" of people in favor of abolishing drug laws altogether. And though its authors maintain that legalizing narcotics would be an "epic mistake," the office's executive director, Antonio Maria Costa, does agree that loosening regulations might not be such a bad idea: "You can't have effective control under prohibition, as we should have learned from our failed experiment with alcohol in the U.S. between...
...global problem that includes heroin, cocaine, marijuana, amphetamines and a host of other illicit substances that compose a $320 billion-a-year industry, making drugs one of the most valuable commodities in the world. But despite arguments that legalizing drugs would destroy the organized-crime rings that currently control the market, the report argues that "mafia coffers are equally nourished by the trafficking of arms, people and their organs, by counterfeiting and smuggling, racketeering and loan-sharking, kidnapping and piracy, and by violence against the environment." As Costa said in a statement announcing the report's release...