Word: michaels
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Dates: during 1990-1999
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...Church, 46, the flamboyant, Harley-riding president of Keystone Mortgage Co., a subsidiary of First National Bank of Keystone. The agents excavated hundreds of cartons of mortgage documents buried in a corner of Church's mountaintop ranch. They alleged that she and one of her company's vice presidents, Michael Graham, obstructed bank regulators who were investigating a fraudulent scheme that left First National insolvent and forced bank regulators to take it over on Sept. 1. The bank's losses are expected to cost the Federal Deposit Insurance Corporation some $800 million--the largest loss since the savings-and-loan...
Here's how art imitates life. It's the spring of last year, and Mike Wallace--immemorial TV journalist, much honored anchor of 60 Minutes--is on the phone to film director Michael Mann. Mann is making a movie about one of the less exalted episodes in Wallace's career, the time four years ago when 60 Minutes suppressed its story on Jeffrey Wigand, a tobacco-industry whistle blower. Mann's film moves on two tracks. One is the anguished dealings between Wigand and Lowell Bergman, a 60 Minutes producer who is leash holder and hand holder for the tormented...
...depicted. "When Jeffrey read the portrayal, warts and all, he didn't ask us to change anything." That includes an invented scene in which Wigand appears to be on the brink of suicide. Wigand says he "never got that despondent" but is "very comfortable with the way Michael Mann and Eric Roth created the same mood, the same menace, the same atmosphere...
...same vein, finding money to start a business isn't as simple anymore as just going to the bank. Venture capitalists have a greater role to play, and their demands are different. Michael Heller, chairman of the emerging-business and venture-capital group at Cozen and O'Connor, a Philadelphia law firm, says he gets 10 to 12 calls a month from start-up companies. According to Heller, venture capitalists also bring sophisticated knowledge and business contacts to help young entrepreneurs who may not have much business experience. But the price might include more restrictions on the emerging company...
...Every brand has a "core equity," which is its image--what it stands for in the minds of consumers. Is it a premium brand? Does it signal value? What image does it conjure up? "You can't just put out a doodad with a name slapped on it," insists Michael Stone, co-director of New York's Beanstalk Group, another large licensing agency. Missteps abound among those who have held that simplistic view. Take Virgin Clothes: British entrepreneur Richard Branson has successfully etched his Virgin trademark onto a host of products, from CDs to cola. But his apparel line...