Word: legendizing
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Dates: during 2000-2009
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...that, unlike those of the workers, will be protected even if AMR goes bankrupt. Succumbing to public pressure, AMR backed off on another issue: its proposed "retention" bonuses for top executives. A flap over that cost CEO Donald Carty his job. But the executive pensions remain in place. Investing legend Warren Buffett, who has been campaigning against executive compensation that is out of line with returns to workers and shareholders, said in a recent speech that "what really gets to the public is when CEOs get rich, really rich, and they get poorer...
MILESTONES: Farewell to a Knick, an Untouchable and a country-music legend...
...folklore of the American West brims with tall tales of superhuman strength and heroism. So the extraordinary story of mountaineer Aron Ralston's escape from a Utah canyon last week almost makes you wonder if the 27-year-old outdoorsman is a dashing 21st century Paul Bunyan--more legend than...
PASADENA—Albert Einstein spent some of his last years stalking the wide, palm-lined avenues of this sunny town. According to local legend, he sometimes surprised students in my old school next to the California Institute of Technology by pacing through the open-air hallways while class was in session. His tenderness for children is now well-known from the letters he wrote to them. Children wrote to the famous scientist at the end of his life with questions of science, theology and life. The children were not afraid to show their ignorance to this great...
Thus armed, CSTV has secured an additional $90 million, including investments from Constellation Ventures, (a Bear Stearns fund), football legend Joe Namath and Athlon Ventures, a fund whose participants include NBA star Kevin Garnett and Olympic sprinter Michael Johnson. Coca-Cola is in for $10 million, plus a $5 million marketing partnership. For programming, among other deals, CSTV has bought national rights to all sports other than basketball and football from Notre Dame, which has millions of fans. DirecTV, the satellite operator recently acquired (from GM's Hughes Electronics) by Rupert Murdoch's News Corp., has agreed to place CSTV...