Word: vail
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Dates: during 2000-2009
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Then there's Vail. Having known about the big upcoming losses, Thain nevertheless went ahead with a previously planned vacation to the Colorado ski resort, where he has a place. You really can't blame the guy - conditions were awesome! Vail and the rest of Colorado got absolutely hammered with snow in December. And if you've ever been in the back bowls at Vail in a foot of fresh powder, you can understand Thain's thinking: Let's see, I can ski in perfect conditions in one of the most beautiful places in America or I can stay...
...first corporate honcho to choose Vail instead of a corporate showdown. Years ago, N.J. Nicholas Jr., then the co-CEO of Time Warner (TIME's parent company), was vacationing in Vail when he was summoned by the board. Nick was about to become the ex-co-CEO, having lost a power struggle to Gerald Levin, the man who would later sell the company to AOL. (That worked well, didn't it?) Nicholas declined. He knew the game was over. He got on the lift instead. (See pictures of TIME's Wall Street covers...
...course, there's always a chance that what is going on here is very different than it appears. Perhaps things weren't that bad when Thain decided to take off to Vail, and then Lewis got ahold of Merrill's books and decided to make them look worse than they actually were. Too dastardly, you say? Maybe, but Lewis could use the illusion of a bigger loss to get money from the government and at the same time get rid of Thain. What's more, if Lewis hangs on, the latest loss makes 2009 earnings look better than they otherwise...
...learning and performing inevitably find their way into the works that she choreographs, creating a visible shift in her work. The other dancers at Harvard have helped the process as well, since their varying backgrounds have facilitated a creative exchange. Spending a summer working at the Vail International Dance Festival, Schreier was able to observe masters like Chris Wheeldon, former resident choreographer for the New York City Ballet. “I was able to watch him in the studio, creating his works from the beginning to end,” she says. “I became fascinated...
...Vail Resorts is involved with local forest-conservation projects and is planning an entire eco-sensitive neighborhood development called Ever Vail. At 9.5 acres (4 hectares), it will be the largest resort in the U.S. certified by Leadership in Energy and Environmental Design (LEED) and will join other LEED-approved resorts like the Hotel Terra Jackson Hole, which opened on Jan. 29 in Wyoming. Positioned on the mountain to make the best use of natural light and save electricity, the Terra also uses 34% less water than traditional resorts and has begun a pilot program for disposing food waste, which...