Word: short
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Dates: during 1980-1989
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...reward for selling their stock. But Time insisted it was not for sale and that it could eventually boost the value of its shares well above $200 after acquiring Warner. The battle pitted against each other two contradictory interests that have been at war throughout the takeover era: the short-term enrichment of shareholders vs. longer-term growth and value. Declared the New York Times last month in its reporting on the landmark battle: "The outcome of the legal contest is of critical importance to corporate America...
...reasons for rejecting the Paramount bid, Time had asserted the necessity of preserving its corporate culture to ensure the editorial independence and freedom of its publications. While Allen stopped short of endorsing that concern as a primary basis for blocking a takeover bid, he indicated that the preservation of such ideals does carry weight. Wrote Allen: "This culture appears in part to be pride in the history of the firm -- notably TIME magazine and its role in American life -- and in part a managerial philosophy and distinctive structure that is intended to protect journalistic integrity from pressures from the business...
...machine clearly does not like poetry. It won't touch the stuff. Nor is it very fond of novels. Theoretically, it could cope with some of Hemingway's short, simple sentences, though it could never make anything of long, convoluted passages from Faulkner. But give the Toshiba AS-TRANSAC computer a thoroughly dull, straightforward instruction manual, and it will earnestly chomp its way through page after page. What it does with those pages is the amazing part. The Toshiba machine has linguistic ability far beyond the powers of past generations of computers: it can translate, at least crudely, one language...
...short answer: sleeping. Almost 5,000 reporters prowl the nation's capital, and during the Reagan era, many Washington insiders knew what any inquisitive reporter should have known: HUD, with its million-dollar contracts, was a feeding trough. "Everybody who talked about HUD knew there was money to be made," says Republican political consultant David Keene. Despite recurring gossip about payoffs and even some hard evidence, the nation's best TV news organizations, newspapers and newsmagazines -- including TIME -- failed to report the corruption at HUD until last spring, when an internal investigation jump-started the story. The entire episode says...
Kohler's novel originated as a short story and was included in the 1988 collection of O. Henry awards. In its shorter version, I am sure this psychological drama was outstanding, but as a novel the story is stretched too thin...