Word: petered
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...among the most aggressive in raising dividends: Goldman Sachs, where executives and directors collectively own 25 million company shares, doubled its annual payout to $1 a share. After tax, CEO Henry Paulson's 4 million shares will spin off $3.4 million in dividends--up from $1.2 million. Goldman spokesman Peter Rose says it's "preposterous" that the move had anything to do with personal enrichment and that Goldman's dividend was merely brought up to the industry average. Bear Stearns, long famous for nosebleed executive pay, raised its dividend 18%, to 80¢ a share. After tax, CEO James Cayne...
...world, felt the same way. Response to Robinson's appointment from church leaders in Africa and Asia, the fastest-growing areas of Anglicanism, was especially swift and stern. "We cannot be in fellowship with them when they violate the explicit Scripture that the Anglican Church subscribes to," said Peter Karanja, provost of the All Saints Cathedral Church in Nairobi, Kenya. "It's outrageous and uncalled for." Bishop Lim Cheng Ean, leader of the Anglican Church of West Malaysia, was only a bit less blunt: "Practicing homosexuality is culturally and legally not acceptable here." He indicated that the bishops...
Which represents the true 1970s: Peter Bogdanovich or Peter Brady? Chinatown or Hong Kong Phooey? Was the decade a wacky jag of smiley faces and bell-bottoms or a daring heyday of nonconformism and creativity? You can decide this month when the two 1970s duke it out in two weirdly complementary cable specials...
...sees the 1970s in movies as an interregnum between the old studio system and today's blockbuster machine, when idiosyncratic directors were able to persuade the moneymen to bankroll dark, even cynical, movies like MASH and Network for a mass audience. It's a familiar thesis--see Peter Biskind's 1998 book Easy Riders, Raging Bulls--but well fleshed out with interviews with big names (Scorsese, Coppola, Altman) who rise to the always daunting challenge of explaining why their work was so darn brilliant. The best insights come from actress Julie Christie, who distills the theme of '70s movies...
...DIED. PETER SAFAR, 79, anesthesiologist known as the father of CPR; of cancer; at his home in Pittsburgh, Pa. A native of Vienna who came to the U.S. for a residency at Yale, he developed the lifesaving technique known as cardiopulmonary resuscitation, a combination of mouth-to-mouth resuscitation and cardiac compression. He also helped set standards for other aspects of emergency care, including the training of technicians, the assembling of intensive-care units and the prevention of brain damage after cardiac arrest...