Word: ivans
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...habit. He used his oil profits in 1981 to buy 20th Century Fox, then sold it to Rupert Murdoch four years later for an estimated profit of $325 million. Davis picked up another $50 million by buying the Beverly Hills Hotel from the family of insider trader Ivan Boesky in 1986, then turning around and selling it to the Sultan of Brunei. Even Davis' "dry hole" takeover attempts often pay off. While Los Angeles investor Alfred Checchi won Northwest with a $4 billion bid, for example, Davis pocketed an estimated $30 million by selling his shares after the price...
...sociologist Amitai Etzioni, a visiting professor at the Harvard Business School, two-thirds of FORTUNE 500 companies were convicted between 1975 and 1985 of serious crimes, from price fixing to illegal dumping of hazardous wastes. Executives at Beech-Nut tried to pass off flavored water as apple juice. Ivan Boesky and a ring of Wall Streeters traded on insider information. Even such an upstanding company as Eastman Kodak, which has won awards for its minority-hiring and other social programs, has felt the heat. Residents of Rochester, where Kodak is based, have accused the company of covering up its chemical...
...movie and everyone in it remain, under Ivan Reitman's determinedly casual direction, very loosely organized. They amble agreeably, but not necessarily hilariously, from one special-effects sequence to the next. These are not better, worse or even different from the original's trick work, and their lack of punctuating surprise is the film's largest problem, especially at the shamelessly repetitive climax...
...French Open was a triumph. To do it at 17 was a wonder. But Michael Chang seemed to grasp more than just the moment when he beat Ivan Lendl and Stefan Edberg in Paris to join the company of world-champion tennis players. Chang was wise enough to understand, "These two weeks are going to stay with me the rest of my life," but excited enough to imagine, "Maybe someday I'll be able to achieve something greater." More than a few days later, the sport is still tingling with his possibilities...
Last week Danny Reed took Igor Morozov, 23, to the Viet Nam Veterans Memorial. They found the name of Reed's friend Ivan Smith, killed in 1965. Morozov tenderly ran his fingers over the engraved name and left a carnation there. The two veterans embraced, then walked away...