Word: crystallize
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Dates: during 1990-1999
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...declines. Critics complain that corporate boards lack clearly delineated formulas for setting pay and that they are not independent enough because chief executive officers often serve as chairmen of boards. The conflict of interest can be eliminated, they argue, by preventing the CEO from wearing both hats. Consultant Graef | Crystal charges that compensation committees are often loaded with other high- paid CEOs. "It's a cozy you-scratch-my-back-I'll-scratch-yours arrangement," he says. "If you're a CEO, you don't want Mother Teresa or the Sisters of Charity on your compensation committee...
...THEIR POLYVINYL sheen and electronic gadgetry and spiffy biomorphic shapes, world's fairs are 19th century spectacles. They are celebrations of human (or, anyhow, bourgeois capitalist) confidence, of mechanical ingenuity, of rationality, of progress. The first was staged in London's Crystal Palace in 1851, just as the 19th century was really becoming the 19th century. At the Philadelphia Centennial Exposition in 1876, Edison exhibited his phonograph, Bell his telephone and Underwood his typewriter...
...walking through the Yellow Pages, I expected to find listings for "Magic Marla" and "Hypnotist Hilda" entries that promised an experience of body-possession or body-snatching. I expected to enter a dark and dank hole in the wall and arrive at a psychadelic mecca, complete with crystal ball and entrancer clad in gypsy-garb...
Skeptical about the whole thing? I was, also, at first. Hey, I wanted to see the swinging pendulum and the crystal ball...
...ever forget, a U.S. President and his First Lady arranged even their official schedules on the advice of an astrologer in San Francisco? Even TIME magazine sometimes slips into the trap, as it did in a recent cover story on alternative medicine when it included the absurdity of "crystal healing" as a possible medical remedy...