Word: tiers
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...foibles were along the lines of tripping over the ottoman, not buying a $250,000 screenplay from "the wrong Jew" in a case of mistaken identity, as Jay Mohr's smarmily obnoxious producer, Peter Dragon, does in Action's pilot. Beggars, a sharp satire set at the fictional bottom-tier network LGT, updates Network for broadcast's era of decline. Action and Beggars compare show business, unfavorably, with prostitution and the Mob. Meanwhile, the clever but self-important Sports Night treats its topic with the laugh track-eschewing gravity of M*A*S*H--though one rarely bleeds to death...
...want to make sure there isn't a two-tier workforce," says Chris Owens, assistant director for public policy at the AFL-CIO, which is pushing a bill in Congress to make it harder to classify full-timers as independent contractors. On any given day, there are about 3 million temporary workers...
Then what is the solution? Surprisingly, there is one point of agreement for both sides in the debate over cascading. The low number of minorities at top-tier campuses should be a wake-up call about the need to improve K-12 education for all children (see the accompanying story). The racial gap in academic achievement starts in the earliest grades and grows worse. Among California 10th-graders, 88% of Asians and 76% of whites go on to graduate, but only 61% of blacks and 58% of Hispanics do. Thernstrom and civil rights groups both say the early grades...
...unlikely that many of the survivors will come from the current crop of Internet stocks making their debuts as IPOs. Now on the docket are many also-rans, third or fourth to market with second-tier managements. Take PCQuote.com which filed last Wednesday to raise $100 million. It competes in the already jammed area of financial data, which includes TheStreet.com Reuters and others. "How new is that? Let's go watch paint dry," sniffs David Menlow of the research firm IPO Financial Network...
...with less than $50 billion in assets become ripe for the picking. With the big boys dominating the highly profitable institutional side of the business--401(k)s and other retirement plans--and much of the growth now coming from market appreciation, it will be hard for a second-tier player to shine...