Word: michaell
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Dates: during 1980-1989
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...sudden fondness for controversial reactors? The new Energy Secretary, James Watkins, is strongly pro-nuke, as is his boss, George Bush. So is Bush's chief of staff, John Sununu, the former New Hampshire Governor who championed Seabrook against objections of his neighboring Governor, Michael Dukakis of Massachusetts. While Sununu has moved to the White House, Dukakis still sits in Boston, 40 miles from Seabrook...
With these tectonic shifts, the business has abandoned its pretenses of collegiality and moved closer in structure and style to Hollywood, where an oligarchy of half a dozen companies hustles for hits. Says Michael Korda, editor in chief of Simon & Schuster and a best-selling novelist himself, on the subject of big advances: "It's like stars in the movie business. If you want Cher for your movie, by God, you've got to pay Cher...
...that Wright and Coelho are victims of a deranged political environment dominated by vengeful Republicans and gooey do-gooders. Although Coelho characterized himself as a martyr, resigning to save his family and Congress, he was actually getting out to save his neck. The $100,000 deal involving one of Michael Milken's junk bonds promised to be every bit as serious as Wright's transgressions. And the investigations have the same salutary effect as the state trooper's pulling over a speeder: everyone slows down for a while...
...luxurious vacation and supply him with cash, not because he has an interest in a one-line amendment to a bill that will save his industry millions of dollars, but because he is, well, a friend. Perhaps Tony Coelho really believed it when he said that junk-bond wizard Michael Milken "is constantly thinking about what can be done to make this a better world." Now under indictment, Milken faces the prospect of doing his thinking in prison...
...much class, but plenty of struggle, at the Lipkin mansion in Beverly Hills. Oh, sure, the rich know brand names: Harry Winston's jewels drape each mandarin wrist, and much Steuben Glass stands about, waiting to be shattered; and at the funeral for the Lipkins' pet pooch, Michael Feinstein plays piano. But the Lipkins and the Hepburn-Saravians, their haughty next- door neighbors, are egalitarians when considering where their next bedmate should come from. By the end of a weekend in the country, two elegant matrons will have been seduced by their former husbands, one of whom is dead...