Word: moneys
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Dates: during 1990-1999
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...Campaign-finance reform has a nice and legitimate ring to it," says Davis, whose two primary opponents last year put up $60 million together, almost all of it their own, against his $10 million. "But it is also an invitation to every Silicon Valley billionaire to spend his own money" to get elected in an effort to bury "people who have devoted most of their lives to public service...
...consciousness shutting down, retracting into itself. Samuel Johnson once said the prospect of being hanged concentrates a man's mind wonderfully. I can testify that the prospect, extended over an hour or two, of dying in a gasoline fireball does much the same. It dissolves your more commonplace troubles--money, divorce--and shows you what you really want to live...
...mention the government of Prime Minister Keizo Obuchi. Everyone, that is, except Masaru Hayami, chief of Japan's central bank, who late last month got into a public spat with Tokyo's powerful Ministry of Finance because the Bank of Japan refuses to lower interest rates or print money to bring the yen back to earth...
...weak dollar and a powerful yen are a decidedly mixed blessing. Yen strength amounts to a vote of confidence in the Japanese economy, which, after a decade-long slump, is at last beginning to show signs of life. The renewed activity has sucked in U.S. and other foreign money for 33 of the past 35 weeks, driving up the Nikkei stock market average some 25% so far this year. The problem is that Japanese corporate profits are also heavily dependent on exports, which can rapidly become too expensive for foreign consumers as the yen appreciates. Indeed, big exporters like Mitsubishi...
...Davis still operates virtually independently, unusual in an era when big corporations rule music. That might be because he has served the bean counters well too, finding efficient ways to achieve growth. Instead of shelling out millions for outright acquisitions of artists or their production companies, Davis puts money into joint ventures in which the producer-artist makes records under Arista's banner, while the label foots most of the studio and marketing costs. Profits are shared...