Word: pays
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Dates: during 1990-1999
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...took Karmazin less than two years after arriving at CBS to replace CEO Jordan and move into his office suite. Karmazin's business strategy has been bluntly effective: pay top dollar for what he calls "oceanfront property"--prime stations in major markets, celebrities like Stern and Imus, the rights to the NFL--and then look to recoup the money by slashing administrative and staffing costs and running the tightest of ships...
...same basic message that Redstone, Viacom's CEO and controlling shareholder, delivered in the wake of his $10 billion acquisition of Paramount Communications in 1994--a stunning deal in its day, one that kept Redstone busy for the next four years selling pieces of Martin Davis' empire to pay down a heaping pile of debt. Last year, when I spoke with Redstone for a book I was writing, he reiterated his view that the entertainment world had consolidated about as much as it would for a while...
Unfortunately, I also tend to poach the bills out of her piggy bank late at night to pay the baby sitter or the pizza guy. (One night I even dipped into her petty cash to slip a buck under her pillow from the tooth fairy...
...allowance can help a child learn about money, that he has to make choices among the many things he wants and must work and save for them. But there's a downside: an allowance can be a crutch for a parent. As long as the child can afford to pay for something--say, a barbed-wire wrist tattoo--a parent might be more reluctant...
...house I've offered to pay my daughter to take on jobs that I might otherwise pay an outsider to do, such as shoveling snow from the walk or raking leaves. But we're abandoning our allowance farce--after I repay the $257 I owe her. Fortunately for me, she has generously offered to let me retire that debt at low interest, in weekly installments--you know, kind of like an allowance...