Word: scratch
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Here's a work of fiction--no, scratch that, a testament of bitter truth--that answers a question unasked since the dawn of literature: What is a mortgage bond? The answer in Bombardiers (Random House; 319 pages; $22) seems to be: That which the selling of makes your teeth itch. The first sentence of Po Bronson's desperate, funny, booklong rant at bucket-shop marketing of financial chaos neatly pelletizes his entire volume: "It was a filthy profession, but the money was addicting, and one addiction led to another, and they were all going to hell...
PUTTING TOGETHER A $2 BILLION business from scratch is a sweepingly ambitious, often frenetic and sometimes messy task. The same could be said, on a smaller scale, of the journalistic task of reporting on such a company start-up. To assemble this week's cover story on the new Hollywood studio DreamWorks SKG, Time fielded a gifted crew to keep pace with the vision and entrepreneurial energy of DreamWorks' Steven Spielberg, Jeffrey Katzenberg and David Geffen--our own "dream team...
...follows, then, that these celebrities have a responsibility as citizens to maintain some sense of decorum. Leave the indecorous to British royalty. American gliterrati should be as wholesome as boy scout leaders. Oops. Why don't we scratch that last thought...
Bruegger's will have "a brand-new look," according to Akmakjian Akmakjian, construction supervisor of the renovation by Straight Up Builders Inc. "We're starting from scratch," Akmakjian said...
...Korean jets will be built not by a U.S. company but by the Samsung Aerospace Industries. "The Koreans," says Pat Lane, an International Association of Machinists union official, "are going to build a little more of each airplane until they have the capability to build the whole thing from scratch." Lockheed points out that the assembly of the plane's critical black boxes (which contain the electronics that allow the plane to fly and to fire its weapons) and most high-value work will remain in the U.S. But Seoul makes little secret of its goal -- one which...