Word: sums
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Even for a billionaire, the $600 million penalty that junk-bond king Michael Milken has agreed to pay is a breathtaking sum. Milken will be forfeiting more money than any other felon in history. By another measure, the penalty is even larger than Union Carbide's $470 million settlement offer for the Bhopal disaster. Yet Milken's fortune, which has been estimated at $1.2 billion, is by no means wiped out. The frugal financier, who invested his monumental income instead of spending it, possesses an intricate web of assets that have been well sheltered from taxes and prying eyes...
...already bought into Hertz, General Motors is allied with Avis, and Chrysler owns Thrifty. Now a foreign manufacturer is getting into the act. Last week Mitsubishi Motors became the first Japanese owner of a U.S. agency when it bought control of Value Rent-A-Car for an undisclosed sum. Mitsubishi currently supplies 10% of Value's 20,000-car fleet, a share that will rise to 85% by year's end. After the agency has used the cars, it will turn them over to the company's dealer network for resale. And Mitsubishi hopes the arrangement will boost its profile...
...cold war adds new pressures. In spite of Gorbachev's insistence that there are no military solutions to East-West relations, his high command still tends to believe it is a zero-sum contest, a question of who prevails over whom. When Moscow loses the West wins, and vice versa. These days the Soviet Union is losing Eastern Europe and digging in hard to keep from losing one of its own republics. The U.S. is not only winning, many senior Soviet commanders feel, but gloating about the Soviet decline. "The American invasion of Panama was a gift for the generals...
...Gogh's Irises, 1889, known to the trade as the Curse of the Outback, has found its permanent home in the Getty Museum in Malibu, Calif., which bought it for an undisclosed sum last week. Acquired at auction in November 1987 for $53.9 million by the Australian conglomerator and promoter Alan Bond, Irises was the most expensive work of art ever sold. Its price created an artificial euphoria that bulled the world art market and helped save it from the October ( '87 Wall Street crash. The name of the underbidder was never revealed, raising suggestions -- indignantly denied by the auctioneers...
...separately. For playing the lovably irascible lead in Driving Miss Daisy, Tandy was nominated for an Academy Award. The biggest commercial success of her career, as well as the most surprising hit of the past year, Daisy has so far made $70 million at the box office, an extraordinary sum for a movie without sex, violence or raunchy humor. Cronyn has not swept the field as his wife has this year, but he has won extravagant praise for his role in Age-Old Friends, a touching TV drama set in a nursing home...