Word: sun
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Dates: during 1980-1989
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...hyperconfident, he reaped more than $40 million in instant profits for himself and his investors by raiding and liquidating two dreary companies: Management Assistance, a computer maker, and Canal-Randolph, a real estate firm. Suddenly superrich, the Bard College graduate, reared on Long Island, N.Y., bought fashionable residences from Sun Valley to Switzerland, a 100-ft. yacht, a personal jet and a modern-art collection today rumored to be worth $100 million...
Britain's tabloid newspapers have long slavered over the lurid and the voyeuristic, whether it be gruesome photographs of air-crash victims on the pages of the People or bare-bosomed women on page 3 of the Sun. But in recent months, the newspapers' owners have discovered that the regular diet of sex, scandal and sensationalism has resulted in parliamentary dyspepsia and growing public outrage. With the threat of government press curbs looming, 20 of the country's leading newspapers last week signed a broad code of ethics, which includes the hiring of mediators, ostensibly to slap down editors...
...front-page pictures of Prince William, 7, urinating in a park (headline: THE ROYAL WEE). That led to a protest from Prince Charles and Princess Diana and to the subsequent firing of editor Wendy Henry by the publisher, Robert Maxwell. Earlier in the year, the editor of the Sun (circ. 4.2 million) apologized in print for a story alleging that drunken Liverpool soccer fans had "viciously attacked" rescue workers after 95 fans were crushed to death at a crowded soccer stadium in Sheffield. The wildly exaggerated story spurred a boycott of the paper in Liverpool. The Sun, owned by Rupert...
...Hard News, a TV program that weekly exposes the worst excesses of the British press, has his doubts: "Who will decide when a right to reply is justified or when there can be an invasion of privacy? The newspapers will." Indeed, the day after the code was signed the Sun was back on the street with a story that began, "Sex-mad Barbara Williams has ditched her toy boy hubby...
...Harvard doesn't plan to lay back, takethings easy, and sip pinacoladas in the sun...