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Even a lower-echelon dealmaker or trader could drown in this year's bonus pool, filled by the huge flow of investors' money into Wall Street and by auction-quality bidding for talent. "It's like Madonna or Michael Jordan," exclaims Alan ("Ace") Greenberg, chairman of Bear Stearns and one of the Street's franchise players. This year Ace scored bonuses, on top of his cheesy $200,000 base salary, adding up to $18,840,701 in cash, stock and what a proxy statement calls "other compensation," more than double the pedestrian $8 million he got last year. And that...

Author: /time Magazine | Title: BULL BONUS BONANZA | 12/30/1996 | See Source »

This Town is an insider's look at D.C., so one would tend to believe its depiction. But in the interest of being optimistic, where to now? Is there hope for a commendable Washington, or is it destined to drown in a sea of Scampergates...

Author: By Daniel M. Suleiman, | Title: 'This Town': Manners, Media and Politics | 10/25/1996 | See Source »

...Bosnia or Cambodia, not AIDS in America. The federal government already spends more per capita on AIDS research than on any other disease, and those funding levels suffered no real decrease under a Republican Congress the past two years. Nevertheless, protests that, "not one life can be lost" drown out suggestions that our real priorities lie with diabetes, heart disease and cancer research, ailments more widespread and less well funded...

Author: By Christopher R. Mcfadden, | Title: Quilts and the Moral Fabric | 10/17/1996 | See Source »

...years. The objective was to target aging baby boomers, who presumably need entertainment that could include their kids. But as quantity increased, quality declined, and now Hollywood has a glut of wholesome movies that aren't performing well. This summer saw Kazaam, Pinocchio, Harriet the Spy and even Flipper drown at the box office. "Hollywood happens to work in cycles," says Chris Meledandri, who runs Fox's family film division. "You watched that young-skewing movie cycle burn out before your very eyes." And the problem isn't just quality: last year, despite critics' raves, A Little Princess didn...

Author: /time Magazine | Title: CINEMA: DOLE'S BOMB SQUAD | 8/12/1996 | See Source »

Purists complain that the crowd the clubs attract--mostly young, white and male--have little appreciation for or awareness of the history of the blues. Noisy, beer-bottle-breaking audiences sometimes drown out acoustic musicians. "They're not paying attention. They're just out to have a good time," says Michelle Willson, lead singer of the Boston blues band Evil Gal. "I've had people come up to me at the House of Blues and ask, 'Do you think Dan Aykroyd is going to be here tonight...

Author: /time Magazine | Title: MUSIC: SERVING UP THE BLUES | 7/1/1996 | See Source »

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