Word: mogul
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...critics used to worry about what he might do once in office: slant media coverage, rewrite laws to favor his own business and legal interests, embarrass Italy with gaffes on the world stage. Many of those fears, though perhaps not the worst of them, were realized in the media mogul's last term in office, from 2001 to 2006. But now that Berlusconi has swept back to his third term as Prime Minister with an impressive victory over former Rome Mayor Walter Veltroni, Italians are more concerned about what he might not do. Italy faces difficult public-policy challenges, from...
APRIL 1996 The conservative sports and media mogul--he controls Italy's most successful soccer club and some of its largest television stations--runs for re-election. He loses...
Only in Italy could Silvio Berlusconi, the country's richest and occasionally most outlandish man, be elected Prime Minister. Three times! Spry and combative as ever, the 71-year-old media mogul on Monday rolled to a clear-cut election victory just two years after Romano Prodi had ousted him from the job by a whisker's margin...
...government’s programs. The current farm bill allows farmers with incomes up to $2.5 million per year to collect federal dollars; in 2001, 73 percent of subsidies went to the largest 10 percent of American farms. Previous recipients of much-needed farm aid have included media mogul Ted Turner and Kenneth Lay of Enron fame. David Rockefeller—one of those Rockefellers—received $554,000 in subsidies from 1995 to 2005, despite his estimated net worth of $2.6 billion. Farmer’s need subsidies almost as much as hedge fund managers...
...make it a lemon of 21st century airline company. Italy is on the eve of national elections, and the man leading in the polls - former Prime Minister Silvio Berlusconi - announced in the middle of the campaign that he is dead set against the Air France takeover. The billionaire media mogul at first hinted that he would personally back an alternative deal, but has since retreated from that stance. He is, however, still publicly opposed to the Air France proposal...