Word: trumping
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...even been in an Allied department store! -- managed to acquire first Allied and then Federated, ultimately controlling a U.S. retailing empire with $9 billion in sales -- and $11 billion in debt. A short time later, of course, Campeau's empire collapsed -- but this is my point! Campeau went bust; Trump's on a leash; the guy who rented the QE 2 for his son's bar mitzvah sank; Boesky, who arrived at that bar mitzvah in mid-cruise via friend John Mulheren's helicopter, went to jail; so did Mulheren, briefly (but not before setting out with an assault rifle...
...mind game of deterrence, MIRVed submarine missiles are the trump card in the American deck: even if American ICBMs were destroyed in their silos and American bombers vaporized on their runways or shot down trying to penetrate Soviet airspace, U.S. submarines would still be at the bottom of the ocean, running silent and running deep, invulnerable to pre-emption and bristling with missiles, each capable of exacting terrible revenge on the U.S.S.R. Older U.S. boats are equipped with missiles that carry as many as 14 warheads each, while the newer ones have missiles with eight to 12 warheads. The notion...
...nuclear defense posture. In last week's speech, Bush offered a vision at once radical and prudent. No matter that the specifics have been proposed for years; until now no one in a position to take them up has done so. In the process, Bush is likely to trump the opposition's most promising edge: its contention that the world has changed so fundamentally that military expenditures should be redirected to home-front priorities. In the short term -- and perhaps for as long as a decade or more -- Bush's plan might actually inflate defense spending. Nevertheless, as a political...
...that "There's No Excuse for Being Bored!" He designated July as "National Anti-Boredom Month." He began releasing his Fearless Forecasts of TV's Fall Flops. (Bad news for "Eerie, Indiana.") He began announcing his annual list of "The Most Boring Celebrities of the Year." (1990 champion: Donald Trump...
...extravagant 1980s takeover wars? Wall Street giants First Boston and Morgan Stanley stand to rake in $10 million apiece for helping put together BankAmerica's $4.4 billion merger with Security Pacific. Rothschild Inc. earned $2.5 million in cash and bonds for representing creditors in the bankruptcy of Donald Trump's Taj Mahal casino in Atlantic City. And Donaldson, Lufkin & Jenrette received $2.5 million last month for co-managing a $200 million junk-bond issue for Dr Pepper. Little by little, deal by deal, Wall Street's investment bankers are rebuilding a business that all but collapsed with the waning...