Word: mogul
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When aspiring movie mogul Giancarlo Parretti visited the White House Oval Office two weeks ago, he boasted to President Bush that he would soon complete the cliff-hanging takeover of MGM/UA Communications and would make "the lion roar as it did in its heyday." This time he may not eat his words. After months of legal and financial maneuvers, Parretti's Pathe Communications is expected this week to wrap up the $1.3 billion acquisition of MGM/UA from financier Kirk Kerkorian...
...such figures as financier Michael-David Weil and Hollywood superagent Mike Ovitz. The prose is burnished, but not much of the dish is fresh, save for two first-rate pieces -- one by Ernest Volkman and John Cummings about Mob leader John Gotti, the other by Richard Morgan about advertising mogul Burt Manning -- that are spun off from books. The juiciest item is about the marital breakup of billionaire businessman John Kluge. The weakest, a rambling travelogue of Prague, is by editor in chief Jane Lane. Overall, if Details is about night life and style, and Men's Life about home...
...Mexico's President Carlos Salinas de Gortari made sure all the stops were pulled out for this exhibit. The country's biggest media mogul, Emilio Azcarraga, put up the money. An unprecedented tonnage of basalt, clay, obsidian, jade, gilt, inlaid wood and painted canvas has been moved out of Mexican churches, museums and private collections -- sometimes over protests by local communities that resent having their saints or gods borrowed by the government. On view are 365 objects, starting in l000 B.C. with a five-ton stone Olmec head and finishing in 1949 with Frida Kahlo's The Love-Embrace...
...savagery of the crime and the stature of the victims guaranteed headlines from the start. Jose Menendez, a successful video mogul who ran Live Entertainment Inc., and his wife Kitty were found dead in the TV room of their Beverly Hills mansion last year, their faces blown off and bodies mangled by 14 blasts from two 12-gauge shotguns. But the story didn't make the cover of PEOPLE until seven months later, when the suspects were finally arrested. They turned out to be not a couple of Mob gunmen, as first thought, but the Menendezes' swaggering sons: Lyle...
REAL ESTATE MOGUL ON THE ROPES. UNIONS BATTLE FOR SURVIVAL. The conflict had the makings of a tabloid-headline writer's dream. But the journalistic juices were not flowing as usual at the New York Post last week, as the gossipy newspaper itself became one of the biggest stories in town. The Post, founded in 1801 by Alexander Hamilton, faced the imminent prospect of closing unless unions coughed up some $19 million in wage and benefit concessions to satisfy the deadline demands of its owner, real estate developer Peter Kalikow. After marathon bargaining, a tentative settlement kept the tabloid alive...