Word: spender
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Dates: during 1990-1999
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EVEN BY HOLLYWOOD'S STANDARDS, Michael Schulhof was a notoriously big spender. As the chairman of the U.S. operations of Sony Corp. and protege of company founder Akio Morita, Schulhof set out to build an entertainment empire that would create movies, records and other "software" for Sony's hardware: TV sets, vcrs and gadgets of the future. He started slowly at first by acquiring CBS Records for $2 billion in 1987. The real spree began in 1989 when Schulhof paid $3.4 billion for perennial also-ran Columbia and its sister TriStar studios. He immediately spent some $800 million more...
...decried the petty politicking and corruption. He was clearly fed up with the existing Soviet system, and he was repelled by the idea of bombing Americans. He was not primarily motivated by ideology, however; he simply saw no way out of his financial problems. He was not a big spender, had no alcohol problems and was happily married. But the kgb paid miserly salaries, and Varenik didn't fabricate expenses like his colleagues...
Wynn inaugurated the era of big-spender shows in 1990 with the Mirage's $28 million Siegfried & Roy, an astounding farrago of illusion and sorcery, acrobats and armies of the knights, vanishing tigers and elephants--and leather, leather everywhere. The evening now goes for $78.35 a ticket. With the possible exception of an all-night masseuse, this is the priciest entertainment on Broadway or the Strip. But Siegfried & Roy remains a huge...
...ever since the two served on the Democratic National Committee's policy commission in the mid- 1980s. In the Idaho race, EchoHawk and his Republican rival have been sparring over who is the more conservative candidate. Batt likes to paint his opponent as a closet liberal and big spender. Says Batt: "When you come down to it, he's a ! Clinton Democrat, I'm a Reagan Republican, and there's a tremendous difference...
During the dinner my wife and I set up for that purpose, she made one of the quiet but definitive remarks at which she excelled. Spender had asked her what she regarded as her biggest achievement. "Well," she said without hesitation, "I think that my biggest achievement is that after going through a rather difficult time, I consider myself comparatively sane. I'm proud of that...