Word: heir
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...draconian law that prohibits members of Congress and their staffs from accepting gifts of any value--even a cup of coffee--from lobbyists, journalists and contributors. Another reform: Gingrich placed six-year term limits on all committee chairmen. But in the days since Newt announced his resignation, his presumptive heir, BOB LIVINGSTON of Louisiana, has been peppered with furtive requests from fellow Republicans who want to turn back the reform clock. The total gift ban, they argue, is humiliating because it presumes lawmakers can be bought for a pittance. And some current committee chairmen, faced with losing power in just...
...predecessor companies since the mid-'80s. But last month Travelers merged with Citicorp to form Citigroup. Weill now serves as co-CEO with John Reed in an unwieldy structure that is slowing the integration of the two companies and frustrating top deputies. Underscoring that point, Weill protege and presumed heir Jamie Dimon was forced to resign last week. The co-CEO thing won't last, and my bet is that Weill will emerge on top. But for now it's a power struggle. Shareholders may suffer. Indeed, Citigroup stock fell the day after Dimon was ousted. Consider buying the stock...
...draconian law that prohibits members of Congress and their staffs from accepting gifts of any value -- even a cup of coffee -- from lobbyists, journalists and contributors. Another reform: Gingrich placed six-year term limits on all committee chairmen. But in the days since Newt announced his resignation, his presumptive heir, Bob Livingston of Louisiana, has been peppered with furtive requests from fellow Republicans who want to turn back the reform clock. The total gift ban, they argue, is humiliating because it presumes lawmakers can be bought for a pittance. And some current committee chairmen, faced with losing power in just...
While Harshbarger's Democratic predecessor was a burden to the attorney general, Cellucci was heir to a more desirable political heritage...
Dreamers like Carman David Gallo remain undaunted. He is a Toronto marketing executive and real estate heir who recently placed a full-page ad in Variety soliciting investors for his as yet unmade film, Princess Diana Saves the World. It is the story of how the dead title character rounds up other "good angels" (including Frank Sinatra and J.F.K.) and staves off global destruction. "Imagine Diana sitting at God's knees like a little girl--that's the first scene," Gallo explains. "This is a monster. This will sink Titanic." He clearly has a vision. I have a vision...