Word: wallful
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Dates: during 1990-1999
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...Bailey went off privately and without fanfare on Monday night. The refuge? Not the Kennedy compound in Hyannisport anymore ? too haunted ? but the Vardinoyiannis compound in Ekali, a suburb of Athens, an estate that not only subsumes an entire block but is most helpfully surrounded by a nine-foot wall. All courtesy of Vardis Vardinoyiannis, whose wife knows the bride?s aunt, Eunice Kennedy Shriver, from a few Special-Olympics bake sales, and all impenetrable to a ravenous press which had to settle for tidbits like "the sounds of Frank Sinatra music and the clinking of glasses could be heard...
Time and value, in fact, have little to do with each other; the good die young, old and in between. It took Lincoln considerably less time to write the Gettysburg Address than it did for the Chinese to build their Great Wall, but given the choice, I for one would take the speech. Kennedy accomplished a number of quite valuable things in his life--specifically in programs for the disabled that helped the helpers of the disabled extend their education. The ripple effect of that sort of public service widens forever...
...Tony Awards this year, even though two of his musicals, Parade and Fosse, were among the night's big winners. He didn't watch the show on TV either--too painful--though he caught a clip of it on the news up in Toronto. There was Roy Furman, the Wall Street banker in charge of the company Drabinsky had built, accepting the Best Musical award for Fosse, the show Drabinsky had nurtured, and thanking, vaguely, "the people in Toronto who were so helpful in starting this show." For Drabinsky, the "revisionism" is what hurt the most. "It turned my stomach...
...champions of tax cuts argue that the surplus rightly belongs to citizens whose Form 1040s gave rise to it and who now deserve their money back--to do with as they see fit. As a Wall Street Journal editorial-page headline framed the issue last week, WHOSE SURPLUS IS IT, ANYWAY? Indeed, Americans now pay an amount in taxes equal to 20.7% of gdp, a post-World War II high that is up from just over 18% 10 years ago. Nor are many economists bummed by the fact that most of the benefits that would flow from the G.O.P. cuts...
...That stuff matters. But this IPO is really about mining riches on the Internet. UPS has been around since 1907, and management had always staunchly resisted selling shares to the public and having to deal with impatient shareholders and arrogant Wall Streeters. So why go public now? The company doesn't need money; it has a $3.4 billion cash reserve...