Word: controller
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Dates: during 1990-1990
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HARVARD'S focus on the bottom line reached symbolic and absurd proportions when control over Sanders Theater shifted from the Faculty of Arts and Sciences to Harvard Real Estate (HRE) two years ago. HRE administrators pledged to make Sanders competetive with Boston concert areas. The result for student groups was felt this year: tripled rent, no guarantee for performing dates and required purchase of unnecessary services. Students were being chased out of the only large performance space on campus...
...Yetnikoff comes off as a crude, tantrum-throwing and philandering egomaniac. "He's a brilliant man with a strong self-destructive streak," contends Dannen. Says David Braun, a top music lawyer in Los Angeles: "Walter got lost in the fantasy of his job, his power and his ability to control a huge part of the pop culture...
...pushing to clean up the savings and loan mess, have federal regulators acted too hastily in declaring some thrifts insolvent? A federal judge in Topeka thinks so in at least one case. Last week he ordered the Office of Thrift Supervision to return control of an S&L to its original owners on the ground that the agency used "arbitrary and capricious" accounting methods to justify seizing the thrift, Franklin Savings (assets: $9.3 billion) of Ottawa, Kans...
...Bensonhurst section of Brooklyn last year, Watkins' death quickly assumed a larger symbolic meaning. Outside the city it confirmed what most Americans already believed: New York is an exciting but dangerous place. Among New Yorkers it reinforced the spreading conviction that the city has spun out of control. A growing sense of vulnerability has been deepened by the belief that deadly violence, once mostly confined to crime-ridden ghetto neighborhoods that the police wrote off as free-fire zones, is now lashing out randomly at anyone, anytime, even in areas once considered relatively safe...
...back our streets. Some of it has been to address the image of the city. People need to feel secure, and ((a bad image)) adversely impacts business and tourism." He has also portrayed the outbreak as a local manifestation of a national crisis beyond his control: "If the problems of drugs and crime were only in New York, then you could ask, What is it that you folks are doing wrong? But all of our urban centers are afflicted similarly. The fact that it's happening somewhere else doesn't mean that I don't have a problem to address...