Word: entrepreneurs
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When the FTC last week released the findings of its four-year study, however, the entrepreneur from Brooklyn looked pretty good. The report was full of qualifications, and the results were still incomplete. But it clearly indicated that "underachieving students"-defined as those who score lower on standardized tests than their grades and class rank warrant -after ten weeks of coaching could improve both verbal and math scores by an average of 25 points. The largest average gain ever found by the College Board was eight to ten points...
...National Hockey League team called the Kings in, of all unlikely places, sunny Southern California. Then he built the $16 million Forum to house his athletic baubles. But the next check will read PAY TO THE ORDER OF JACK KENT COOKE. After 18 years as sport's premier entrepreneur, Cooke, 66, last week sold his basketball and hockey teams-tossing in their neoclassical arena in Inglewood and a 13,300-acre ranch-to Los Angeles Real Estate Tycoon Jerry Buss. As befits Cooke's style, the deal was the biggest in the history of professional athletics: $67.5 million...
After selling some of his bank investments to a Saudi Arabian entrepreneur and acting as a consultant in finding investment opportunities for oil-rich Middle East millionaires, Lance has been able to maintain much of the high life-style that his edifice of credit once supported. His lawyers might argue that if Lance did break some banking rules, he did so without either fraud or malice, and that little or no actual damage was done to anyone...
Although Carter himself is an affluent entrepreneur (his peanut business gave him a personal net worth of $800,000 in 1977), he is uneasy with big corporate executives. He rarely meets with them, and when he does, the mood is often strained. "The President," explains one Cabinet officer, "doesn't like anything big. He is not comfortable with Big Labor, Big Business or the Big Press...
Curtis Carlson, a freewheeling entrepreneur who made his first millions selling Gold Bond Stamps, has a gilt complex. He loves gold. The energetic conglomerateur controls the worldwide operations of his Minneapolis-based empire (hotels, restaurants, discounting) from offices reminiscent of that Bondian archvillain, Auric Goldfinger: his gold-embossed telephone, gold vinyl chair and gold-striped sofa are set off by the rich, warm shades of a gold-hued carpet. When Carlson's Gold Bond Stamp operation was at its peak in the 1960s, its executives drove a fleet of company-owned gold Cadillacs. A gold-framed saying...