Word: go-round
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Gillett personally relishes skiing "steep and deep," which is not a bad metaphor for his investment style. Like his earlier Vail venture, Gillett II rests on a mountain of junk securities, although these cost a mere 12.5% interest, well below the nosebleed rate for his last go-round. And this time he has two big partners: the John Hancock Mutual Life Insurance Co., which owns 50% of the ski operations, and the Canadian Imperial Bank of Commerce, which has 10%. Says Gillett, who has a hard time containing his optimism: "The demographics are with us. Skiing is at the same...
...have more documentation, more answers and more training on the next go-round," he added...
Some of Yeltsin's supporters had reportedly been seeking ways for the president to circumvent constitutional term limits ? not to mention medical reality ? and seek a third go-round, although Yeltsin himself had made no move in that direction. The roster of possible successors is long but without a clear favorite. Yeltsin hinted today that he would prefer a promotion from within his own administration...
Sharing is nice. But sometimes it's a lesson best left for two-year-olds. And applied to policing the stock market, it clouds the issue of who deserves more authority on the next go-round. So it was with the recent arrest of 46 illegal stock promoters in New York. The FBI, U.S. Attorney, Securities and Exchange Commission and National Association of Securities Dealers collaborated to knock out a ring of hustlers who use high-pressure sales tactics to dump inflated stocks on unwary investors. Who was in charge? "That's a hot potato," an official confides...
Even Michael J. Fox, who has weathered special effects well before, seems a little winded in this go-round, relying more than usual on his rolling eyes and patented nose- wipe motion. Sometimes you wish Alex Keaton were back, whining about stocks in "Family Ties" or something. Instead, he spends his time being chased from place to place, meaningfully seeing things no one else...