Word: paid
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Dates: during 1980-1989
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While Trump's grandstanding is becoming a self-parody, his financial clout is undeniable. The King of the Deal already owns the prestigious Plaza Hotel in Manhattan and two hotel-casinos in Atlantic City. Last May he paid floundering Eastern Airlines $365 million for its East Coast shuttle service, renamed it the Trump Shuttle, and now controls at least 40% of the market, in contrast to 26% when he took over. Trump has made huge killings by buying stakes in companies and leading other investors to believe he had an interest in a buyout, only to sell out after...
...company. Crandall has a proprietary attitude, having crafted the airline's go-go expansion since he became company president in 1980. He invented the frequent-flyer program and instituted the first supersaver fares. To cut labor costs, Crandall introduced a two-tier wage system under which younger hires were paid less than veteran workers. "Crandall won't give up easily," says an industry hand. "He sees American as his company. Trump's bid is a slap in his face...
Despite the firepower lined up on AMR's side, Trump has several factors in his favor. For one, an estimated 80% of AMR is owned by institutional investors, who generally show less loyalty to management than do individual shareholders. For another, AMR has not paid dividends to its shareholders since 1980, contending that the money would be better spent to build the company. In addition, AMR's board of directors can be removed by a simple majority vote of shareholders. Because Trump gave the company only until Oct. 20 to respond to his offer, he "has got them...
NASA used similar generators on 22 space missions, but no one paid much attention until the Challenger tragedy dramatized the risks of space launches. The space agency admits that there have been three accidents involving RTG- powered vehicles. The most significant was in 1964, when a satellite launched by the Air Force burned up over the Pacific, tripling the amount of radioactive plutonium 238 in the environment. It is not clear what health effects that might have had. The generators were then redesigned, and in two subsequent accidents in which spacecraft broke apart, no radioactivity is known to have escaped...
Years ago, Wakamba tribesmen poached in Tsavo, using arrows tipped with poison. Now Somali gangs, including many former soldiers, spray whole families of elephants with automatic-weapon fire. Not all Tsavo's poachers have been outsiders to the park. Some who are paid to protect the elephants -- wardens and rangers -- are also suspect. The evidence: Woodley and others have extracted .303-cal. bullets from carcasses. "The only people who use .303s are the rangers," he says. Numerous carcasses have been found near the rangers' headquarters. And when the park's patrol plane is grounded for inspection, the poachers quickly appear...