Word: giant
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Dates: during 1990-1999
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Harvey Jacobs' American Goliath (St. Martin's; 346 pages; $24.95) celebrates the long and glorious tradition of deception with an inspired novel based on the 1869 Cardiff Giant hoax...
...Berezovsky is one of seven tycoons who between them control as much as half of Russia?s economy. Last summer, their harmonious coexistence was shattered when upstart banker Vladimir Potanin (with a loan from George Soros) scooped up a giant government-owned investment firm, upstaging a key Berezovsky ally. In months of political intrigue that followed, Chubais stepped in to back Potanin, and now appears to have persuaded Yeltsin to fire a man who is alleged to have contributed as much as $30 million to the president?s re-election campaign...
...scholarly but combative Klein, who stands 5 ft. 6 in. in his running shoes, appears to be an unlikely David to Microsoft's Goliath. He came under heavy fire last April for granting unconditional approval to Bell Atlantic's $23 billion merger with NYNEX, a deal that created a giant with 39 million phone lines from Maine to Virginia. But Klein, a music buff whose eclectic tastes run from Ray Charles to Puccini, takes no predictable view on enforcement either. He simply picks his targets as he sees them. "I'm not an ideologue or a crusader," he says...
Since his arrival, Klein has quietly put up impressive numbers. His team forced agribusiness giant Archer-Daniels-Midland to pay a record $100 million fine for rigging a feed-additive market earlier this year; three former ADM executives are under indictment. Klein is reportedly preparing a massive antitrust case against Visa and MasterCard, alleging a duopoly over credit-card transactions...
...same day that AT&T replaced faltering CEO Robert Allen with former Hughes Electronics boss C. Michael Armstrong, the phone giant put its staggering $14 billion Universal Card business on the block. AT&T terrorized the credit-card industry and started a trend by introducing, with spectacular results, the no-fee-for-life Universal Card in 1990. But the lack of a fee made AT&T dependent on interest charges that many customers refused to rack up. According to Robert McKinley, president of RAM Research, holders of as many as 60% of AT&T's 18 million Universal Cards...