Word: multimillion
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Dates: during 1980-1989
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...player in the current horse fever. Heir to a Liverpool-based soccer betting operation, Sangster has used his winning touch at breeding to go from riches to phenomenal riches. In provident exile on the bucolic Isle of Man, a tax haven in the Irish Sea, he now runs a multimillion-dollar equine empire, Swettenham Stud, from a 100-room mansion called the Nunnery. Though a reticent man in public, he is hardly that at home. His two trophies from the French Arc de Triomphe wins are the centerpieces on twin dining-room tables. The walls of the bright, airy living...
Meanwhile, the verdict puts new pressure on journalists to play it safe. In the past two years, multimillion-dollar libel verdicts have been returned against the National Enquirer, Penthouse and the tiny (circ. 37,557) Alton (Ill.) Telegraph, which had to file for bankruptcy protection while it negotiated a settlement of the $9.2 million award against it. For such small press enterprises in particular, even the legal fees involved can be destructive. The Tavoulareases so far have spent $2 million on lawyers to fight the case, and the Post's defense has cost $1 million. Bills on such...
...California Democrat Alan Cranston, a staunch supporter of Israel, on the operations of the Bechtel Group, the international engineering and construction corporation that the Secretary-designate has helped run for eight years at a six-figure salary. The Senator is particularly interested in charges that Bechtel, which has multimillion-dollar contracts with Saudi Arabia, forced its subcontractors to observe the Arab boycott of Israel. But even Cranston predicted that the hearings will be shorter than the five days devoted to Haig's confirmation 18 months...
...here it is. Late Innings moves gracefully and eclectically over five more seasons, some of the most turbulent in the history of baseball. The first class of free agents appears in 1977, a few of its members bemused recipients of multimillion-dollar contracts. Hearing cries of alarm from owners and a few fans, Angell remains calm: "The startling new salaries may represent both a contemporary reality and a historical inevitability, and are thus perhaps best approached with curiosity rather than horror." But four springs later he is horrified at what money is doing to baseball. The owners are trying...
...student directors increasingly realized the near-impossibility of accomplishing real change in a tightfisted, multimillion dollar company. And if the active and well-intentioned Coop Group could effect no change, it's hard to see how any student "members" could...