Word: groundwork
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...York City began paying their comics as well. Clubs that were springing up around the country were then forced to boost their fees too, to lure more top comics out on the road?launching the comedy-club boom of the 1980s. All of which was part of laying the groundwork for a culture in which comedians turned TV hosts help set the national agenda and have would-be Presidents as guests. Letterman and Leno may look more like management than labor these days?more Mitzi Shore than strikers. But they haven't forgotten the old grievances. They know...
...McColl and his two predecessors laid the groundwork, challenging interstate banking regulations to expand into a regional powerhouse in the Southeast and then on the West Coast, where it captured BofA in 1998 and hauled the name back to Charlotte. Since Lewis became CEO in 2001, the bank's reach has exploded in every direction. BofA is now No. 1 in deposits (with the $47 billion purchase of FleetBoston Bank), No. 1 in credit cards ($35 billion for MBNA) and No. 1 in wealth management ($3.3 billion for U.S. Trust), and with the Countrywide deal, it will soon...
...mean Hong Kong's future as Asia's preeminent financial center is assured. Singapore in recent years has boosted its banking sector. Shanghai is booming. And even Seoul aspires to be a financial hub. Faced with these long-term competitive threats, Hong Kong's leaders are laying the groundwork for even closer links with China. In August, a local think tank with ties to the city's top political leadership released a proposal for increasing economic integration with Shenzhen, the Chinese boomtown located next to Hong Kong. A mere fishing village when it was designated, in 1979, as the hothouse...
...spend $1 billion of his personal fortune on the effort. Both Nunn and Hagel have suggested they would accept an offer to be Bloomberg's running mate. Though publicly coy, Bloomberg is the animating force behind the Oklahoma meeting, and his aides have been feverishly laying the groundwork for an independent campaign in case, as one describes it, "the window of opportunity opens." And if it doesn't--and it probably won't--moderates will have to wring their hands for another four years...
...Verhofstadt also needs to lay the groundwork for a more permanent administration, led by the biggest winner of the June elections, Flemish Christian Democrat Yves Leterme. Leterme, whose party has been out of office for eight years, has been unable to stitch together his own government coalition. At various times over the past six months, both he and his prospective coalition partners from the French-speaking parties have appeared baffled at one another's demands. An emergency coalition is thought to be one way of helping them understand each other better...