Word: happeners
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...leading catbirds, Blackstone's Stephen Schwarzman and Apollo's Leon Black, happen to be old pals of Silverman's. In the 1980s, Silverman too was an LBO artist, working alongside corporate raider Saul Steinberg and funding his exploits with Michael Milken's Drexel junk bonds. Then, as a partner at Blackstone in the early 1990s, he sniffed a change in the financial winds, cobbled together a few struggling hotel chains (starting with Ramada and Howard Johnson) into Hospitality Franchise Systems (HFS), took the company public and stayed...
With so many variables, how can a company prepare? Crisis cowboys force them to think about the unthinkable. "Whether you're a school with a lot of young students or an airline with lots of people traveling, you know that there are 10 things that could happen to you," says Paul Argenti, a Dartmouth professor who advises major investment banks on crisis p.r. "Think about them ahead of time, and how you would deal with them." Argenti says JetBlue enjoyed a trouble-free ascent in the airline industry, leaving the company unprepared for this year's customer-service nightmare. "When...
...focused on swimming right now--big, going into the Olympics. Having my DUI happen was a learning experience. Being in a college environment, it's my job to try to help make sure people don't make the same mistake I made...
...overall violence figures are actually plummeting, with the number of children under 17 who commit murder falling 65% between 1993 and 2004. Mass killing, says Diane Follingstad, a professor of clinical and forensic psychology at the University of South Carolina, "is a low baserate thing. It just does not happen very often...
...When it does happen, the people likeliest to commit the crime fall into a drearily predictable group. They're 95% male, and 98% are black or white - not a big surprise since more than 87% of the population is made up of those two races. Cho, a native of South Korea, is a rare exception. If the killers' profiles are all more or less the same, however, their crimes aren't. The best known - or at least most lurid - of the mass killers are the Ted Bundys and Jeffrey Dahmers, the serial murderers whose crimes often play out over decades...