Word: networks
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Dates: during 1980-1989
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...most awkwardly protracted job opening of 1989. On the last day of November, after two years of trying unsuccessfully to boost the network's sagging ratings, CBS Entertainment president Kim LeMasters resigned. His departure was not unexpected, but CBS's delay in naming a successor was. For a time the network dickered with Marcy Carsey and Tom Werner, producers of The Cosby Show and Roseanne, but negotiations fell through. Finally, late last week, the network completed a deal with Jeff Sagansky, 37, a former NBC program executive who heads Tri-Star Pictures, which produced this fall's hit movie Look...
...week vacancy at the top was a painful symbol of the network's mounting woes. Dethroned from its No. 1 spot in the Nielsen ratings by NBC during the 1985-86 season, CBS has lately sunk to a feeble third place. Its ratings for the November "sweeps" were the lowest for any such period in its history. The ten prime-time shows CBS introduced this fall were a conservative lot, and none has been a ratings hit. Just two CBS series, 60 Minutes and Murder, She Wrote, finish regularly in the Top 20, and both are getting...
HELP WANTED: Head of network programming. Experience in creating hit shows and rejiggering prime-time schedules preferred. Must be willing to work long hours in an almost hopeless cause...
...counteroffensive. While the sum is minuscule for the task, the declaration signals a change in philosophy for the Administration, which had resisted calls for tighter banking regulations. Only hours after Bush unveiled his antidrug offensive last September, a federal task force began taking shape. The Financial Crimes Enforcement Network (FINCEN) hopes to zero in on money launderers with computer programs capable of spotting suspicious movements of electronic money...
...Kerry Amendment to the 1988 anti-drug abuse act. The law requires the Treasury Secretary to negotiate bilateral agreements on money-laundering detection and prevention with all U.S. trading partners. Countries that refuse to participate or that negotiate in bad faith could conceivably be excluded from the U.S. banking network and clearinghouses. Yet in hearings earlier this year, Assistant Treasury Secretary Salvatore Martoche indicated that the Bush Administration is reluctant to enforce the law zealously for fear of hampering the U.S. banking industry...