Word: oiled
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Dates: during 1990-1999
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...this country great, or what? Where else could a group of enterprising shills and snake-oil salesmen get together to peddle their wares? This expo was a holistic sort of con game, where remedies were pitched to the self-absorbed, eager but aging yuppies forever seeking longevity. I'm sure H.L. Mencken would agree that the species Boobus Americanus still flourishes. MICHAEL N. CANTWELL Tampa...
...students would include the President's annual Commencement Holler and overall friendlier staff ("Hi, my name is Domna Sue"). Dining hall meals would be patterned after Elvis' favorites in his last years at Graceland, including Fried chicken, Fried peanut butter and banana sandwiches, Fried pies and Fried frying oil. And, of course, if country music had stayed on in the Northeast, "Yale" would still just be a verb ("I tole Domna Sue to hurry up with them fried pertaters, but 'course she didn't, so I had to yale...
...Getty began in the mind and pocket of the man whose name it bears: J. Paul Getty, the oil billionaire who in 1974 had installed his collection of Roman and Greek antiquities, French furniture and medium-level European paintings in a preposterous $17 million replica of the Villa dei Papiri in Herculaneum, overlooking the Pacific at Malibu. Those who sneered at this as the Disneyism of a crackpot Scrooge McDuck were staggered when, after Getty died in 1976, it turned out that he left his museum almost $700 million--the largest endowment ever given to a cultural institution...
...money was all in Getty Oil stock, and its sheer bulk was obviously going to force the trustees of the J. Paul Getty Trust to revise their ideas of a cultural mission. The man mainly responsible for this reshaping was Harold Williams, former head of the Securities and Exchange Commission in the Carter Administration and dean of UCLA's Graduate School of Management. In 1981 the Getty Trust hired Williams to manage the money and figure out what the new institution should...
...trust's money. "It wasn't prudent," says Williams, "for an institution to have such a large portion of its endowment subject to the vicissitudes of a single stock." After some years of litigation, he and the board managed to clear the way to sell, in 1984, its Getty Oil stock to Texaco for $10 billion. In the end, this gave Williams $2.3 billion to play with in creating the Getty Center. With shrewd management, this endowment has since grown to $4.3 billion--four times that of New York's Metropolitan Museum of Art. Because the Getty Trust is obliged...