Word: rolled
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Dates: during 1990-1999
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Gardini's financial success during the 1980s mirrored that of Italy's. His roll-the-dice executive style suited the spirit of his times: in 1987 Gardini won control, after a nearly $2 billion buyout, of Montedison, a chemical and pharmaceutical giant, transforming a prosperous family concern into Italy's second largest private company after Fiat...
...developed a huge following among the affluent in New Delhi, India, even though many of the episodes are 10 years old. It is now common to find teenage girls in China wearing lipstick such as U.S. movie stars and youths on Hong Kong streets dressed such as rock-'n'-roll musicians...
There's a paradox in being a rock-'n'-roll rebel. To succeed is to fail; the more records you sell, the more you're considered a sellout. Your raison d'etre is antiestablishment rage, but once your record goes platinum, you're forced to admit that a) you're now part of the problem or that b) maybe at least some of the people with a zillion dollars in the bank aren't all bad. Either way, everything feels compromised, corrupted. The phone rings. It's Philip Morris -- they want to sponsor your next tour, hold a cigarette giveaway...
...right. Like many other insiders, he was able to get in on some hot Initial Public Offerings (IPOs), in which privileged players are given the chance to buy shares in emerging companies just before they are offered to the general public. The revelation of Foley's sweet deals by Roll Call, a spry newspaper published twice a week that covers Capitol Hill, shed light on how some IPOs are doled out to a select few while ordinary folks are never given a chance to invest...
CREDIT: [TMFONT 1 d #666666 d {Source: Roll Call}]CAPTION: Speaker Foley's profits on initial public offerings