Word: moguls
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Dates: during 2000-2009
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Turns out there's a good reason why John McCain's still a Republican. Why Nader went with the Greens. Why Jesse Ventura sits unaffiliated in Minnesota, and why former Connecticut senator Lowell Weicker and New York mogul-o-maniac Donald Trump stayed on the sidelines. Why Ross Perot, according to his assistant, is "out of the country...
...something closer to the American Daydream, the fantasy of suddenly becoming enormously, improbably rich. If my experience is any guide, what Americans daydream about is not acquiring hundreds of millions of dollars themselves. For the average wage slave, a believable fantasy in which he becomes, say, a computer mogul is too difficult to construct, and making it at all persuasive requires him to imagine himself to be as dorky as computer moguls are. It's much simpler to daydream about inheriting money...
...shares sparkled less than flat Champagne. Yet Bronfman stubbornly stuck to his show-biz guns. He shelled out $10.4 billion for Polygram music in 1998, making his family's 76-year-old liquor business look like a sidelight. Bronfman has since been shopping his empire to the usual mogul suspects: Viacom CEO Sumner Redstone and News Corp. founder Rupert Murdoch, among others...
Bagging Seagram would anoint Messier as a media mogul alongside the Murdochs and Redstones of the world. As Messier recently told TIME, "Fusing content and media [distribution] has been Vivendi's strategy since Day One." He says the merged entity will become "a totally integrated group with full control over its operations...
...crackdown on contrary voices at home, exemplified by the arrest this week of anti-Kremlin media mogul - and erstwhile Primakov backer - Vladimir Gusinsky has been widely interpreted as a signal that domestic dissent will not be tolerated by the Kremlin's new leadership. But while Western leaders may have expected a more authoritarian regime from Putin in the wake of his ruthless handling of Chechnya and his staring down of Western criticism of same, his vigorous foreign-policy offensive against Washington has caught them off guard. Not only has Putin refused to accede to U.S. demands to renegotiate the Antiballistic...