Word: toasts
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...charisma were all that counted, Ed Sullivan should have been pink-slipped after his first broadcast (on what was originally called Toast of the Town) in 1948. Yet for 23 years after that, for millions of Americans, Sunday night at 8 belonged to CBS, home of television's longest-running prime-time vaudeville, The Ed Sullivan Show...
...public-relations agents to represent Matsushita. He then served as a shuttle diplomat between the two companies, anticipating problems before they could grow. When the merger was clinched, Ovitz joined the army of 100 dealmakers at Matsushita's law firm in Manhattan for a 9:15 a.m. champagne toast. For Ovitz's work on the merger, Matsushita could eventually pay CAA as much as $40 million. The sum aroused the green-eyed envy of deal-starved Wall Street firms, which suffered the indignity of watching a talent agent walk away with one of the biggest deals of the year...
...ideas. But a number of people wonder if the leaders are traveling a bit too much for their own good. British Prime Minister Margaret Thatcher's tenuous hold on her job may have finally loosened while she was in Paris. Gorbachev's junketing, while helping him become the toast of the world, has not halted the erosion of his position at home. Old hands at this game, like former Secretary of State Dean Rusk, have warned the new crowd not to take over too many duties of the diplomatic corps, lest heads of state be confronted with the impossible task...
RUBAIYAT, ELEKTRA'S 40th ANNIVERSARY (Elektra). If a company has to give itself an anniversary toast, this is an intrepid -- and often amusing -- way to do it. Thirty-eight current Elektra artists (from Tracy Chapman to Metallica) polish up some tunes from Elektra's past and take them out for a Sunday drive. Surprise is constant on this 2-CD set, satisfaction frequent, and transcendence (as on Jackson Browne's version of First Girl I Loved) available on request...
...Soviet President Mikhail Gorbachev looked on, West German Foreign Minister Hans- Dietrich Genscher and East German Prime Minister Lothar de Maiziere affixed their signatures, followed by the foreign ministers of the four Allied powers. Then the seven men marked the occasion by shaking hands and drinking a champagne toast...