Word: nugget
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Dates: during 1990-1999
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...ever sold; what also got noticed was the price Caesars paid for the lot 11 months later to keep Wynn from building his own casino there ($2.25 million). Wynn walked away with a nice $766,000 profit. He used that money to accumulate more stock in the aging Golden Nugget casino downtown, got on the board and almost immediately began to investigate the operation. He found that everyone from parking attendants to bartenders was stealing money. With that evidence, he staged a takeover by threatening to sue for mismanagement and, at 31, became the youngest casino chairman in the history...
...lunch." Wearing shorts, sandals and a Willie Nelson T shirt, he walked down the Boardwalk to the old Strand Motel; less than an hour later, he walked out having agreed to buy it for $8.5 million in cash. Wynn razed the Strand and built the 506-room Golden Nugget, which quickly exceeded by 50% the revenues it was projected to make based on its size...
...time when banks like Thomas' relied for some of their deposits on the Mob-controlled Teamsters Central States Pension Fund. But Wynn was also one of the first Las Vegas entrepreneurs to turn to Milken's junk bonds when it came time to build Atlantic City's Golden Nugget. He still refers to a casino as "the joint." But he was also the first in the business to decide to turn up the lights on the casino floor, and the only one ever to write a ballet about the history of Las Vegas. In his name dropping, he is just...
...pare away the exceptions, we might find a nugget of truth. Does our society tend to make women uncomfortable in an atmosphere that glorifies confrontation? Do cultural standards turn women away from reporting and, later, from leadership positions, which by their nature require a certain contentiousness? Do women shy away from Crimson editorial meetings--which are often heated and argumentative--for the same reason...
Rifkin's critics -- and there are many -- regularly accuse him of taking a nugget of truth and enlarging it beyond reason in ways calculated to raise public fears. "Beyond Beef is about the worst book I've ever read," exclaims Dennis Avery, director of Global Food Issues for the Hudson Institute, a think tank in Indianapolis. "It establishes Rifkin as the Stephen King of food horror stories." Among other things, Rifkin raises the specter of beef contaminated with viruses, including a bovine immunodeficiency virus that he provocatively labels "COW AIDS," though there is no evidence that the virus can infect...