Word: nugget
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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...
...make headlines for investigations into the possible organized-crime connections of some of his top employees. Just last week he appeared before the Nevada Gaming Commission to defend his father's bookmaker, Charles Meyerson, whom Steve hired 13 years ago as a host for Atlantic City's Golden Nugget and who is paid $400,000 a year today to do the same job for the Mirage. Police had alleged that Meyerson arranged for free hotel rooms, food and beverage for 59 mobsters and convicted criminals since the 1980s, including three men connected to the Genovese crime family who showed...
...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...