Word: winner
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...week stepped down as Tesco's broker because it's advising Green. WestLB Panmure continues as Safeway's broker even though its lending division is working with Green, while Credit Suisse First Boston ditched a 10-year relationship with Safeway to advise KKR. That's risky, since only the winner's bankers, and Safeway's, are likely to be paid...
...these days. And while the Iowa caucuses may be more than a year ahead on your calendar, they feel like a heartbeat away to those who aspire to be the Democrat who challenges George W. Bush. The nomination might not seem like much of a prize, given that the winner gets to run against an incumbent President with a currently healthy approval rating and probably a quarter-billion dollars to spend in the campaign. But the field is expanding quickly and snapping up top talent...
THEN THERE'S THE FINANCING. Even minor stars, unlike civilian participants, expect to be paid real money. Celebrity Mole permits its winner to keep the grand prize (up to $250,000), while most celebrity game-show contestants must give their loot to charity. "In all fairness," says Mole executive producer Scott Stone, "we couldn't afford to hire them to do the entire taping"--though he insists that some of the stars played for charity anyway. Not so Griffin: "F___ that! The level of celebrity that will do this show, we need this money!" Butch Patrick (that's Eddie Munster...
Krispy Kreme: $9.99 for a 1-lb. bag. The newcomer was the winner with most of our tasters, who praised the Mellow & Mild Smooth blend for its "solid, smooth taste" and "great smell." The dissenters complained of an aftertaste and wished for a bolder flavor...
...Case himself said Monday, "It's not over till it's over." If indeed the content-on-demand promise of broadband is realized, AOL Time Warner seems well-enough positioned to be a winner. But even if Steve Case's vision for the combined company - and the Internet economy - comes to pass, the test of his personal legacy will be whether AOL itself is still relevant when it does...