Word: manhattanization
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Every socialite and CEO in Manhattan knows not to invite Sumner Redstone and Mel Karmazin to the same party. So when the twin egos of media giant Viacom unexpectedly shared the stage during a dinner for investors last Thursday, they generated quite a buzz. Some who have bet heavily on the success of Viacom--whose properties include CBS, MTV and Paramount studios--took heart that the feuding titans made a public show of getting along. "Their message was simple," Bear Stearns stock analyst Raymond Katz wrote in a report on Friday. "Their partnership, built on a mutuality of self-interest...
...Rand Corp. analysis. Average compensation for cases settled without a lawsuit was $415,000. The biggest aviation payout in history followed the crash of Pan Am Flight 103 over Lockerbie, Scotland, in 1988. Settlements ranged all over the spectrum, with a couple dozen exceeding $10 million, according to Manhattan attorney Lee Kreindler, who acted as lead counsel. Dividing the total $500 million payout over the 270 victims yields an average award of $1.85 million. However, the families had to hand about a third of their awards to their lawyers, and they waited seven to eight years to see any money...
...Whiskey Park (74 Arlington St., 542-1482), the place to see and be seen. Don’t be fooled into thinking Whiskey Park stodgy just because it extends from the Park Plaza hotel: the bar is as close to New York sophistication as you can get north of Manhattan. Opened by Rande Gerber, a.k.a. Mr. Cindy Crawford, Whiskey Park attracts the wealthy, the beautiful and the famous. The bar has two rooms, a smaller and more intimate lounge perfect for lingering over cocktails and a larger livelier one with a DJ spinning hot tracks. Deep mahogany bars swoop through...
Harvard had previously owned a cyclotron but that particular machine had been shipped to Los Alamos in 1943 and subsequently was used in research for the Manhattan Project...
...words “skill set” cannot be that wary of a life in business—and so it seems that although Pete’s recruiting experience might have given him a dislike for automated e-mail and made Texas a more appealing destination than Manhattan next fall, it’s hard to believe he won’t eventually make his way behind (or into) that proverbial desk...