Word: poole
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Dates: during 1980-1989
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Other landlocked beach bums flock to wave pools. These are giant tanks the size of football fields into which water is pumped, flushed or paddled to produce breakers three to six feet high. Today there are more than 100 tanks around the country, up from 30 five years ago. Geauga Lake, an amusement park near Cleveland, has even staged exhibition surfing in its wave pool...
...company, Kohlberg Kravis taps a pool of money from outside partners (minimum investment: $20 million each), which it combines with some funds of its own to form essentially a down payment. The new owners raise the rest of the purchase price by having the company take out bank loans and issue securities, which are often called junk bonds because they pay high interest rates but are unusually risky. Kohlberg Kravis makes its profits from several different aspects of the deals, including fees for arranging them, estimated at $160 million last year, and capital gains on its stock investment when...
...move jolted the legal profession, especially the expanding megafirms that compete with Cravath for a relatively stable pool of top graduates. In recent weeks a ripple effect has pushed up salaries at major firms across the country. All of this is good news for young associates, the entry-level lawyers who toil for five to nine years in the hope of joining the full partners, who split a firm's profits. But as the new lawyers are just now discovering, this silver lining comes with a cloud. At the big firms that pay those high salaries, associates commonly work...
...last, simple level, the movie gives not just good weight but astounding value. The space outpost is not merely a more capacious haunted house than the first film's spaceship; it is the spookiest such structure in the history of movies, big enough to contain not only the large pool of potential victims but squads of monsters who keep coming at them from all directions...
...born 41 years ago in Asbury Park, N.J. "My father was a tough man with a great deal of warmth," he says. "It made for a mixed bag of emotions; you never knew when it would explode. He owned a candy store, then a dry cleaner's, then a pool hall. In the pool hall, I'd put tips on the cues, clean the tables and hang out. It was my day-care center. At home I was spoiled by my mom and her millions of girlfriends. In Italian families, boys can do anything. Girls are locked in the closet...