Word: staking
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Dates: during 1990-1999
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With millions of dollars at stake, you don't flip a coin. You ask Des Moines...
...Trade got a big boost Friday afternoon when the giant Japanese software distributor Softbank announced it was investing a fresh $400 million in the upstart brokerage. Forget Kleiner Perkins -- the Tokyo-based Softbank is the real kingmaker when it comes to anointing web frontrunners. The investment raises Softbank's stake to 27% of E*Trade, and matches the company's large ownership interest in other web winners like Yahoo (31%) and Geocities (35%). Softbank also owns more than 70% of electronics publishing giant Ziff-Davis...
...recently was doing the same for outdoor-equipment company Coleman--both efforts on behalf of controlling shareholder Ronald Perelman. Levin's selection is no accident. On March 2, Perelman sold Coleman to Sunbeam in a stock swap, and he is now Sunbeam's second-largest investor, with a 13% stake. The largest is activist money manager Michael Price, who controls 17%. As a measure of how quickly Dunlap's career unraveled, Price only two weeks earlier had publicly, emphatically supported Dunlap. But he became as willing as anyone for the ax to fall...
...Cruel Inventions, an adaptation of Dangerous Liaisons. The WB network's fall schedule will include Felicity, a series about a California girl who rebels against Daddy's wishes that she become a doctor and attend his alma mater. "She arrives in Manhattan on her own dime with everything at stake," explains its creator, J.J. Abrams. "Her bravery and optimism are designed to inspire girls." No one calculates what giving up a career and money may mean for Felicity. That would be too crass...
...film goes on to demonstrate, that she can do something her father cannot: bury a horde of enemy Huns under tons of snow. You go, girl! It's the perfect way for Disney to do Joan of Arc without having the heroine burned at the stake...