Word: rand
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...Rand Araskog, the CEO of ITT Corp., is a West Point graduate and a combat-hardened veteran of takeover wars who knows the value of a tactical retreat. He has fought off corporate raiders who sought to break up his company, as well as investors critical of ITT's performance and his high salary. So when Hilton Hotels Corp. offered $6.5 billion to buy ITT, which owns the Sheraton hotel chain and Caesars World casinos, Araskog manned the ramparts again. To raise cash and buttress the company's stock price, he sold once prized but now indefensible properties like...
...that off. That's O.K. But if you should become an artist, ignore the critics. Some precious few critics have an artist in them, but most are a desperate, shriveled lot who have found a way to touch art without making it. The half-nuts architect Roark in Ayn Rand's The Fountainhead is confronted by the critic who tried to destroy him. "Why don't you tell me what you think of me," says the critic. To which Roark responds, "I don't think...
WASHINGTON, D.C.: As Congress prepares to renew the debate on mandatory minimum sentencing, a new study by the RAND Drug Policy Research Center says such sentences are far less effective at reducing drug use and drug-related crime than normal law enforcement and treatment programs. The reason is the high cost of incarcerating prisoners for long periods of time. According to the study, $1 million spent on conventional law enforcement, including more arrests of drug dealers, confiscations, prosecutions and standard-length prison terms, would eliminate 70 percent more crimes against people than spending the same amount on enforcing mandatory minimums...
...mentioned more than once in the intercepts. The FBI didn't have much more--no names of donors, no conduits for the money, no dates. It was just giving the White House a heads-up. Be careful with the information, said the two G-men. National Security Council aides Rand Beers and Ed Appel were too careful. They never sent word up the line to their boss, Anthony Lake, much less to the President, that potential donors with China connections should now merit far more scrutiny...
...China and an economic adviser to Beijing. When an aide to campaign czar Harold Ickes asked "if it would be problematic if this individual met briefly W/ POTUS," the green light came quickly from the NSC: "O.K. by Asia Affairs." Among the 11 NSC officials informed of the meeting: Rand Beers...