Word: deal
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Dates: during 1990-1999
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...rather than in cash. In such a scenario, the payout is based on what it would cost consumers to buy that additional coverage, not what it is costing the company to provide it. And execs have already bought settlement insurance to take care of that amount. Most important, the deal gives Met Life a clean slate as it heads into its big IPO, which, if successful, could easily cover the cost of this and any future settlements...
...since 1991 have labored unpaid to develop the perfect microcomputer operating system? Until now, they've done it for the purest of motives ? because it was fun, and because it was useful. Now unexpected success has brought other motives into play, and nobody seems quite sure how to deal with them. MORE...
Moved PermanentlyMoved PermanentlyFortune Investor DataAnd for the ever-cautious Greenspan, the slow-news dog days of August are the perfect time to put rate worries to bed for the year. "First of all, he?ll want to make sure there?s enough liquidity in the money supply to deal with any Y2K disruptions," says Baumohl. "And he knows that as the political campaigns heat up, there?s going to be debate about the economy. He doesn?t want to be part of that rhetoric." Which could be rough on Steve Forbes. But Al Gore will be thankful for a domestic...
Before he left the Senate in 1996, Bradley voted against the landmark welfare bill. Today Al Gore's lone challenger for the Democratic nomination is still speaking out against that reform. Welfare is "a disastrous system," Bradley recently told TIME, "but the way to deal with it is federal commitment and state experimentation, not the Federal Government washing its hands [of the problem]." Holding that view requires courage. In a survey commissioned by the G.O.P., 60% of those polled said they were less likely to vote for Bradley after hearing his position on welfare. If there's anyplace in America...
...home afterward. The acquisitions team of independent studio Artisan Entertainment also felt divided, but figured the cheapo horror flick had at least enough potential to justify an offer of $1.1 million for worldwide rights. With U.S. box office now climbing toward $100 million, it may have been the smartest deal since Peter Minuit bought Manhattan for a handful of trinkets...