Word: multimillions
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...anticipation of that day, some enterprising TV documentary maker could weave a gripping, real-life drama from the inside story of how a revolution in TV news led to a multimillion-dollar bidding war for an anchorman. The individual most responsible for the revolution is, ironically, not basically a journalist at all. He is a 48-year-old television sports impresario known for his polka-dotted shirts and khaki safari jackets, flaming red hair and all but total inability to return phone calls. His name: Roone Arledge...
...good guys and bad guys alike, the Deans, Haldemans, Jaworskis, Ehrlichmans, Colsons and so on, sat down at tape recorder and typewriter and produced books to cash in on the scandal. A headlong rush to excess profits was joined in the '70s by oil companies, sports stars negotiating multimillion-dollar contracts and writers whose most meretricious junk could command seven-figure advances...
What mainly had changed was that Hannon and his aides had just been accused of multimillion-dollar mismanagement. By Byrne's estimate, Hannon's administration had allowed the school's red ink to soar to $500 million, while claiming the deficit stood no higher than $43 million. "They sat there and lied to me," said Byrne, recalling a recent upbeat discussion of school finances with Hannon and his aides. "I don't think anybody with half a brain can mistake the difference between $43 million and $500 million." That was a puzzling claim, since Byrne herself...
...Montella testified, for example, that he had built Scotto a swimming pool cabana for free at his Catskills summer home. Scotto answered that he had paid $10,200 for this work but that he had paid in cash. Scotto also acknowledged that he acquired a 13% interest in a multimillion-dollar East Side apartment building for only $26. He dealt mainly in cash, he said, to thwart the continuous harassment by Government agents...
...THIS FRANTIC RUMBLING, of course, may be moot. Boston Edison must build still a $10-$15 million stepdown station to accomodate MATEP's backup requirement. If it refuses to do so, Harvard is left with a multimillion dollar conversation piece. Even if Edison comes through, MATEP will have to spend about $1 million a year to buy power it may never use, which might make the power plant cost inefficient...