Word: million-dollar
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Donald Steinberg was 28, he and his Fort Lauderdale "company" owned waterfront homes and office buildings in Florida, apartments in Houston and a town house in New York City that was later sold for $2 million. With his partners, he maintained a fleet of three dozen or more boats-no one kept count-and a cash reserve so large they could shrug off million-dollar business losses. Eventually they had to buy their own turboprop airplane to ferry overflowing cash profits to uninquisitive banks in the Bahamas and Cayman Islands...
Burnout has a way of turning the sovereign self (as we thought of it once, long ago) into a victim, submissive, but passive-aggressive, as psychologists say; it is like a declaration of bankruptcy-necessary sometimes, but also somewhat irresponsible and undignified. It is a million-dollar wound, an excuse, a ticket out. The era of "grace under pressure" vanished in the early '60s. Burnout is the perfect disorder for an age that lives to some extent under the Doctrine of Discontinuous Selves. It simply declares one's self to be defunct, out of business; from that pile...
This corporate matchmaking service is expensive, and million-dollar fees for a few weeks' work are common. According to one estimate, investment bankers this year will earn $500 million from the 60 largest corporate couplings. Top investment bankers earn $1 million and more annually, while vice presidents still in their late 20s make $150,000. Says Felix Rohatyn, 53, of Lazard Freres, who is one of the most respected men in the field: "Things seem to be getting out of hand, both in the fees and in the size of the deals being put together...
...long as their cash flow remains relatively unimpeded-the DEA seized only $3 million last year-big-time drug dealers will not worry much about being arrested. They can easily post million-dollar bails and walk away never to be seen again (TIME, July 6). The forfeited bail is considered a normal business expense...
...hospital a few weeks ago developed fevers after taking the new drug. Concedes Marketing Manager Gary Hooper: "The product wasn't at a stage where we would have liked it to be.' Executives at Genex, the Rockville, Md., gene-splicing firm, expect to double its million-dollar business this year Genex is currently seeking outside capital for a major research project: developing a bacterial organism that would convert biomass like wood or grass into ethanol, which is used in the production of industrial chemicals. The company is also accelerating research into the mass production of vitamins and amino...