Word: mogul
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...Patricia Hearst, daughter of publishing mogul Randolph Hearst, is kidnapped by the Symbionese Liberation Army. The group demands $70 in food for every needy person in California for a ransom. Hearst later declares that she is joining the group of her own will and is indicted in June for her involvement in a San Francisco bank robbery...
...place for someone like this. Last week she started out at a party for Matilda Cuomo's new book, The Person Who Changed My Life: Prominent Americans Recall Their Mentors, at Le Cirque 2000, where she posed for pictures in a small room with Tony Bennett, shoe mogul Kenneth Cole and arts maven Kitty Carlisle Hart, among other luminaries. She then emerged to make a few standard-issue remarks and then--poof!--disappeared, even though she had a crowd of People Who Need No Introduction hoping for some quality time with her. Hey, there's Stanley Tucci, there's Doris...
...least as well as anyone who has so keen an appreciation for the pomposities, vapidities and idiocies that constitute the murmur of our times. As his chief characters--a former journalist edging into sleazy television infotainment, the journalist's software-entrepreneur wife, the wife's vulpine media-mogul boss--alternately cavort and limp through the very near future, you get deep inside the tent of both old and new media, where the egos are as large and as tasteless as the limos...
Wetherell's Internet world view is getting its fiercest test in a takeover tussle with Barry Diller--a real-economy mogul if ever there was one--who has made a bid for Lycos, the Internet portal that Wetherell financed and of which he owns 18.5%. While Diller and Wetherell agree that the partnering of Lycos' new-media assets and Diller's traditional media hodgepodge of USA Networks, Home Shopping Network and other film- and television-production interests makes strategic sense, they disagree sharply on the value Diller ascribes to Lycos...
...says he has people highlight passages in books for him so that he doesn't have to read any, gave $1 million to the Library of Congress last Wednesday. Financier George Soros spent some $2 million last year toward making marijuana legal for medical use. Now comes leveraged-buyout mogul Ted Forstmann, who together with Wal-Mart heir John Walton is spending $100 million to give 40,000 scholarships to disadvantaged children who want an alternative to public school. This week the Children's Scholarship Fund will announce that it has been besieged with applications...