Word: far
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Dates: during 1980-1989
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...market was going like the Wabash Cannon Ball through 1988 and 1989, Bond's own finances were not. His bid for Irises had been part of a consistent pattern: paying far too much for investments even though they were, as assets, sound. In 1987 he paid more than $700 million for Kerry Packer's TV stations in Australia. In the financial year ending last June, Bond's media firm posted a $34 million loss. Also in 1987, Bond paid more than $1 billion for the U.S. brewery G. Heileman, whose 1989 resale value is about half that...
...verge of bankruptcy; in the measured language of its auditors, Arthur Andersen & Co., there is "some doubt that ((it)) will be able to continue as a going concern." The painting is reportedly back on the market at $65 million, but there have been no takers so far -- though Bond's spokesmen imply that they have almost had to beat would-be buyers off with a stick. Leading dealers, asked this month what a feasible price for Irises might be, concurred that it might lie in the $35 million to $40 million range...
...exhaustive library research on a subject, Novak typically talks to dozens of family members and friends to build up lists of questions for his interviews. No muckraker, he uses challenging or contradictory material only to try to jog his subject's memory or trigger fresh stories. "I push as far as I can go," he says. "I'm not trying to change a person's version of himself." Novak works from transcriptions of his interviews, occasionally going back to the tapes to capture the subject's voice -- one of his strengths, he believes. A couple of months into a collaboration...
...recently resumed piano lessons, he thinks about Paul McCartney or Barbra Streisand. "Or Elvis, if he can find him," wisecracks Ben, 10, one of the Novaks' two sons. As for a return to the solo byline of William Novak, he says it's not soon likely. "I get far more ego gratification and attention from these books than I ever did from my own." But aren't the celebrity books his own too? No. This John Alden, unlike the original, shrinks from speaking for himself. "I don't fool myself into thinking that my books are best sellers," he says...
...news products to offer affiliates something more than the day's headlines. All three networks, for example, run long special features during the regular evening newscasts and are experimenting with new concepts, such as 48 Hours on CBS and ABC's Primetime Live. Some news thinkers go so far as to wonder whether the network evening newscasts have a future. Says Andrew Stern, who teaches broadcast journalism at the University of California, Berkeley: "At some point you have to ask, What do the local stations need the networks for? The answer does not seem to be news...