Word: trapdoors
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Dates: during 2000-2009
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...lighter moment during his speech, Hatch discussed his struggling songwriting career and his encounter with U2 lead singer Bono, who suggested that Hatch might sell more albums if he changed his name to “Johnny Trapdoor...
Hatch jokingly said to look for Johnny Trapdoor albums in record stores, though he was clearly more interested in hawking his book...
...cyberspace where visitors indulge in fantasy encounters and virtual sex, which can get fairly graphic. The reader wanders too, because most of Grammatron's 1,000-plus text screens contain several passages in hypertext. To reach the next screen, just double-click. But each of those hypertexts is a trapdoor that can plunge you down a different pathway of the story. Choose one and you drop into a corporate-strategy memo. Choose another and there's a XXX-rated sexual rant. The story you read is in some sense the story you make...
...today's directors think they should be. For years boards allowed underperforming ceos to bumble onward; after all, many board members are CEOs too. But increasing pressure has forced them to oil the trapdoor. Boards, just like stockholders, don't want to be surprised. ceos such as McGinn and Procter & Gamble's Durk Jager, who was forced out in June, were sunk by overly rosy earnings projections. In both cases, the chief executive predicted better earnings than he could deliver--twice in Jager's case, three times in McGinn's. At Gillette, director Warren Buffett, famous for his long-term...