Word: leone
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CONTRIBUTORS: Robert Ajemian, Kurt Andersen, Bonnie Angelo, Laurence I. Barrett, Jesse Birnbaum, Jay Cocks, Mary Cronin, Barbara Ehrenreich, John Elson, Hays Gorey, Pico Iyer, Edward L. Jamieson (Consulting Editor), Leon Jaroff, Stefan Kanfer, Michael Kinsley, Charles Krauthammer, Christopher Ogden, Dennis Overbye, Edwin M. Reingold, Richard Schickel, Gavin Scott, R.Z. Sheppard, John Skow, Martha Smilgis, Richard Stengel, George M. Taber, Andrew Tobias...
...Cola chairman Roberto Goizueta stood up before shareholders and defended his 1991 pay of $86 million, which included a record $80 million in stock grants, on the grounds that under his management, Coke stock had increased 1,300%. Goizueta was interrupted four times -- by thunderous applause. U.S. Surgical CEO Leon Hirsch, who earned $118 million in salary and stock incentives, maintains that he's worth it. "I'm not paid enough," he says. Since 1988, U.S. Surgical's market capitalization has, to his credit, increased 1,350%; in the past three years, shareholders have enjoyed a 22% return on equity...
CONTRIBUTORS: Robert Ajemian, Kurt Andersen, Bonnie Angelo, Laurence I. Barrett, Jesse Birnbaum, Jay Cocks, Mary Cronin, Barbara Ehrenreich, John Elson, Hays Gorey, Pico Iyer, Edward L. Jamieson (Consulting Editor), Leon Jaroff, Stefan Kanfer, Michael Kinsley, Charles Krauthammer, Christopher Ogden, Dennis Overbye, Edwin M. Reingold, Richard Schickel, Gavin Scott, R.Z. Sheppard, John Skow, Martha Smilgis, Richard Stengel, George M. Taber, Andrew Tobias...
This ad, which has since then been pulled following complaints from AIDS activists, was sponsored by an organization headed by Leon Hirsch, the president of Connecticut-based U.S. Surgical Corp. USSC, which made $843 million last year, uses live dogs in marketing demonstrations of surgical staplers. The company has nothing to do with AIDS research...
CONTRIBUTORS: Robert Ajemian, Kurt Andersen, Bonnie Angelo, Laurence I. Barrett, Jesse Birnbaum, Jay Cocks, Mary Cronin, Barbara Ehrenreich, John Elson, Hays Gorey, Pico Iyer, Edward L. Jamieson (Consulting Editor), Leon Jaroff, Stefan Kanfer, Michael Kinsley, Charles Krauthammer, Christopher Ogden, Dennis Overbye, Edwin M. Reingold, Richard Schickel, Gavin Scott, R.Z. Sheppard, John Skow, Martha Smilgis, Richard Stengel, George M. Taber, Andrew Tobias...