Word: foundered
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Dates: during 1980-1989
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...mouths." Another complains that the Cubans and Haitians are willing, even eager, to work for the legal minimum wage, or less. Many of the young blacks say they would rather not work than hire themselves out for what they consider insultingly low pay. Says Dorothy Fields, founder of Miami's Black Archive, a historical research agency: "It appears that we have a group who feels the world owes them a living because of what their parents and grandparents went through...
...barely before the masses they hoped to enlighten. The roll call of Jewish-immigrant moguls has since become its own Hollywood legend: Adolph Zukor, the Hungarian who had worked as janitor in a Manhattan fur store (president of Paramount Pictures); Carl Laemmle, the bookkeeper from Germany (founder, Universal Pictures); Samuel Goldwyn, the glove salesman from Warsaw (founder, Goldwyn Studios); Louis B. Mayer, the scrap-metal dealer from Minsk (vice president and general manager, Metro- Goldwyn-Mayer). By the 1930s Mayer was earning $1.25 million a year and was presiding over the all-American family of Andy Hardy...
...story of Leonard Stern sounds like something out of Capitalist Times. Son of the founder of Hartz Mountain Industries, Stern, 47, is the chairman of the world's largest purveyor of pet products. Intense and blunt-spoken, he may be worth as much as $1 billion, but only his accountant knows for sure: Stern's company is privately owned and he rarely talks to reporters. Now he will have trouble avoiding them. Last week Stern bought the Village Voice, the crusading, leftish weekly whose brand of political and cultural journalism shaped a generation of underground newspapers...
...founder of Lorimar, corporate...
...whose bulk and authority give him the aura of an editorial-cartoon plutocrat, chose the name because "if you know which way north is you can't get lost." The firm moved into a converted church and rectory in Berkeley in January 1980. The quarters were chosen, says the founder, "because we knew we would have to pray...