Word: heir
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Three decades after Henry Luce slated him as heir apparent, Hedley Donovan still professes uncertainty as to what virtues the Time Inc. founder saw in deciding he would become (as he did from 1964 to 1979) the company's editor in chief. But readers of Donovan's urbane, frequently self-chiding memoir will be able to guess. He blended a heartland bourgeois regard for American values with a worldly disdain for puffery. He took pride in being able to change his mind -- notably, on Viet Nam and Richard Nixon. In chronicling his life from the rectitude of a Minnesota boyhood...
...Lastly, that "Big Picture" included me. Twenty years or so ago, the Civil Rights Movement ended, leaving a legacy of increased opportunity and legal justice for the millions of African-Americans who have been enslaved by the racism of America. I see myself as an heir to that legacy, but I have yet to see the realization of the Dream for which Dr. Martin Luther King, Jr. and many others died. Lamonte Lucas...
Guarantees can backfire. Sotheby's guarantee on the recent four-day sale of the collection of John T. Dorrance Jr., the late Campbell's soup heir, nearly did so. According to ARTnewsletter, a trade sheet, the dealer William Acquavella offered the Dorrance estate a guarantee of $100 million, but Sotheby's trumped him with $110 million. Though the sale realized a total of $131.29 million, it did so only because Sotheby's had persuaded the heirs to accept a "global reserve" (the minimum price acceptable to the seller on the whole collection), instead of placing a reserve, or minimum...
Since the Tiananmen crackdown in June, many China watchers had been convinced that Deng would retain his last post for a while longer to preserve his legacy of economic growth as well as to ensure the succession of his newly anointed heir, Jiang Zemin, a former Shanghai mayor who was named General Secretary in the chaos following the massacre. So far, however, Jiang has had little opportunity to prove his mettle. In fact, even though the Central Committee named Jiang to succeed Deng, it also expanded the powers of hard- line President Yang Shangkun, 82, a Jiang rival. Unlike Jiang...
Baker Boys is a spiritual heir of the typical romantic comedies of the 1940s--lots of music and wit--but with an '80s edge that at times seems to cut the viewer unfairly...