Word: sanfords
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...course, a few key '80s players never went away. Bottom fisher Sanford Weill, for one, amassed an impressive array of financial companies on the cheap while others were getting tech-obsessed. He is now the head of Citigroup, one of the world's largest banks. Icahn, the '80s raider who shook Texaco and took TWA, has asserted influence in small doses throughout the '90s by buying large amounts of distressed corporate debt, as has former Milken colleague Leon Black at Apollo Advisors...
...connecting people--not selling them things--it isn't lumbered with a traditional retailing cost structure. No buying, warehousing or shipping. No taking returns or unloading overstock. "eBay is the only e-tailer that really fulfills the promise of the Web," says Faye Landes, an e-commerce analyst at Sanford C. Bernstein & Co. "And the key is its virtuality...
...that are making people thirsty. While the nonbubbly business is growing almost 10% a year--and bottled water is chugging along at a rapid, 30% clip--sodas have suddenly gone flat. Noncarbs, which generally command higher prices, now account for more than half of all industry growth, according to Sanford Bernstein & Co. No wonder, then, that every beverage maker is feverishly working to come up with cola alternatives that promise to be healthy, not just refreshing. Norm Snyder, COO of SoBe, says, "Before, the big boys were just watching from the sidelines, but now they're betting on it with...
...second Roosevelt in the White House receives similar treatment in The Golden Age. As the novel opens in 1940, F.D.R. is shown secretly maneuvering the country toward a war in Europe that the people would, if consulted, totally reject. Sanford's Aunt Caroline, a major character in Empire and Hollywood, is a friend of the Roosevelts and a frequent guest at the White House. She is charmed by the President but also chilled by what she sees as his inexhaustible deviousness. "There is a curse on power," she blurts out to the First Lady. Mrs. Roosevelt replies, "Not when used...
...after World War II coats its ethical inquiries with plenty of narrative sweeteners: the sweep of history, celebrity walk-ons, conspiracy theories and reams of conversation, much of it witty, some lumbering. But the issue of power and who should hold it is never far from the surface. Sanford confronts the scheming and ambitious Congressman Clay Overbury, who also appeared in Washington, D.C., and asks, "Why must you be President?" To Overbury, the answer is obvious: "Some people are meant to be. Some are not. Obviously you're not." A similar moment occurs in The Best Man, when...