Word: entrepreneurs
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...here's a free idea for some medical entrepreneur. Give the HMOs snob appeal. Call the thing Executive Health Maintenance. Add a few cheap frills. Change the sales pitch. "Tired of schlepping from doctor's office to doctor's office, waiting around in squalid surroundings, filling out all those forms? Come to Executive Health Maintenance. We'll take care of everything. Not only do we have the best specialists, plus in-house lab tests and pharmacy, all in one convenient location. We have fresh coffee and croissants in the waiting room, as well as a fax machine, current issues...
...company, whose market value is about $8 billion and whose profits last year totaled $1 billion. The state has sold 20.4% of Telmex stock, which represents the majority of voting power, for $1.76 billion. The buyers: a consortium led by Grupo Carso, a Mexico City-based conglomerate headed by entrepreneur Carlos Slim and including Southwestern Bell and France Telecom. But the Federal Communications Commission in Washington is considering regulatory changes that could limit one of Telmex's most lucrative businesses, handling phone calls from the U.S. Salinas is also selling the country's two largest steel mills...
Carr, 60, is a Los Angeles native who pumped gas part time until he was 32, and he has tried hard to make up for lost time. As an insurance entrepreneur he disdained the slow, steady process of writing policies and building reserves through careful investments to cover eventual payouts. Instead he built the company with sizzle and flash, turning in the 1980s to the high- yield junk bonds sold by Drexel Burnham's Michael Milken. Of Executive Life's $10.1 billion in assets, $6.4 billion is junk. Says Henri Bersoux, a spokesman for the American Council of Life Insurance...
...just two weeks ago, by producers who claim he sold the rights to shared properties -- the Pink Panther films and the James Bond films -- too cheaply. In January a court in Italy upheld an old conviction for fraudulent bankruptcy that Parretti has been fighting for nearly a year. The entrepreneur has also been shamed in Hollywood's most public court, the box office. All the films MGM has released since the acquisition (including Rocky V, Not Without My Daughter and Desperate Hours) have been disappointments or outright flops...
...involving foreign firms, and to carry out audits of their wares, cash holdings and accounts. The crackdown is supposed to wipe out the black market, but it may well trample underfoot the first fragile growth of free enterprise. Said Deputy of the Russian parliament Artyom Tarasov, a new Soviet entrepreneur: "This is no longer the politics of the free market but the politics of discipline...