Word: million-dollar
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...bathrooms, two Harley-Davidson motorcycles, two racing boats and, oh yes, a helicopter? (No peeking at the picture.) The answer, from the ever grand Malcolm Forbes, is a brand-new yacht he discreetly describes as "dramatically restrained, in quiet taste, nothing opulent." At least not for someone who collects million-dollar Faberge eggs for fun. Last week 107 guests, including Secretary of State George Shultz and Chief Justice Warren Burger, came aboard to admire the $5 million, 151-ft. three-decker at the Forbes magazine tycoon's annual boat bash in Washington. The fifth Highlander...
Campus observers say they expected the million-dollar endowment to generate $50,000 in funding annually for service programs. But the five-member committee set up by the university to disburse the funds only received $43,000 this fall to allocate to different programs. Of that money, only $40,125 has been given out this year, committee members...
Many thought the second-generation Duvalier lacked his father's force and intelligence. Still, even as the country's living standard sank progressively under his rule, there was little indication that Jean-Claude might be overthrown. In 1980 he married Michele, a divorcee with two children. Her million-dollar splurges on clothes and diamonds soon came to gall a country that could not even feed its people...
...world of high finance, where an elite group of Wall Street dealmakers commands million-dollar fees for putting together megadollar agreements, Felix Rohatyn is the first among equals. As a senior partner at Lazard Freres, a New York investment-banking firm, he has presided over hundreds of mergers and acquisitions. In October, General Electric Chairman John Welch and RCA Chairman Thornton Bradshaw started talking about a merger over drinks at Rohatyn's Manhattan apartment...
...seen as a first step, a catalyst for debate about what public service should be, who should do it and how. The issue of a service requirement might seriously be considered. But it is even more important that we not allow our consciences to be lulled by a million-dollar fund and a couple of computers...