Word: swaps
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...Senate voted 57 to 40 in favor of a compromise version of President Clinton's plan that would allow 100,000 college students to swap public service (1,700 hours) for tuition money ($4,725 a year for two years). The White House hopes to have the program up and running next year...
...sleepy-eyed star and representatives of Spy get together soon, it won't be to swap Separated at Birth stories but to stare one another down in court. Seagal, a sixth-degree black belt in aikido, is steamed by the prospect of a blistering profile written by John Connolly, a former New York City police detective. The article, to be published this week, alleges that Seagal associates with gangsters and that he offered money to ex-intelligence agents to have one of his adversaries entrapped and two others murdered...
Gergen befriended the Clintons nearly a decade ago at "Renaissance Weekend," an annual New Year's retreat on Hilton Head Island in which an eclectic group of influential people swap stories of personal growth along with their business cards. Both policy wonks, the two men never heard a debate they didn't want to join, and tend to forget that the clock is running. "Just like the White House has 'Clinton Standard Time,' " said a U.S. News staff member last week, "we have Gergen time...
...scent of recession permeating high fashion had left YSL with rising debt and shriveling profits. The new group, with estimated annual sales of $4.6 billion, will emerge from a complex $645 million share swap. The deal gives Elf Sanofi total control of YSL's lucrative perfume and cosmetics line, but will allow Saint Laurent and YSL chairman Pierre Berge to retain management control of their celebrated fashion activities until 2001 -- enough time to leave a lasting impression...
...White House meeting about the notorious Iran arms-for- hostages deal, former Defense Secretary Caspar Weinberger contradicted both his own sworn statements that he had any evidence relevant to the Iran-contra affair and the assertions by George Bush that he was not aware of the proposed swap. As a result, Weinberger was indicted by a Washington grand jury on one additional felony count of making false statements to Congress. The revelation also ensured that the President, at an inauspicious time in his effort to win re-election, will face a surge of new questions about his oft-repeated assertions...