Word: paydays
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Dates: during 1990-1999
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...wins his hardware bet remains to be seen, of course. But Sony continues the lavish spending on software that Schulhof charted. Last week Variety reported that TriStar agreed to pay Tom Cruise $20 million up front to star in the comedy Jerry Maguire. It was the third $20 million payday that Sony has recently served up to top Hollywood talent...
...Every payday, 18.5 million Americans have an estimated $747 million withheld from their wages and salaries and placed in 401(k) accounts, where money managers invest it in securities. Taxes remain deferred on the income and investment gains that accrue in the plans until the employees retire. But unlike traditional public and private pension plans, the 401(k) program, which has amassed $525 billion in retirement funds since it began in 1979, carries no federal insurance to protect employees against theft and mismanagement...
MICHAEL MILKEN A $50 million payday for kibitzing in Time Warner-Turner deal...
RANDY WEAVER 1992 shoot-out with feds nets $3.1 million payday for widowed white separatist...
JOHN GRISHAM is so successful that he can sell the film rights of his novels for millions of dollars on the basis of an outline. Recently someone purloined a copy of The Rainmaker, Grisham's manuscript in progress, and that may be bad news for his next big payday. Copies were secretly faxed to agents and studios, and one player has already rejected the book as a movie property...