Word: exit
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...several local residents are unhappy about the change. Some believe the closing of the streets and the additional traffic that will have to be rerouted onto Waterhouse St. could make it harder for them to park and exit, according to City Councillor William H. Walsh...
...head of Disney's studio division, abruptly resigned after losing a bid for the company's No. 2 post. Hailed as the mastermind behind such blockbusters as Aladdin and The Lion King, the mercurial Katzenberg sought the post after the April death of Disney president Frank Wells. Katzenberg's exit augurs more uncertainty for Disney, which this year has already weathered Wells' death and chairman Michael Eisner's quadruple-bypass heart surgery...
...same time, adoption experts estimate that 500 U.S. children -- most of them black or biracial -- are being placed in homes in Australia, Canada and Western Europe each year. The number could be even higher: because the U.S. has no exit-visa requirements, the Federal Government does not keep count. Moreover, while all 50 states have procedures for domestic adoptions, the Federal Government neither regulates foreigners' adoptions nor follows up to learn how the children are faring. Though a State Department official says there has been talk among his colleagues of erecting safeguards, as yet nothing has been done. Says Susan...
...American International Pictures and, on a miserly budget of $1.3 million, spin a hip variation on it. So Allan Arkush (Rock 'n' Roll High School) picked Shake, Rattle and Rock; Ralph Bakshi (Fritz the Cat) selected Cool and the Crazy; Joe Dante (Gremlins) chose Runaway Daughters; Uli Edel (Last Exit to Brooklyn) took Confessions of a Sorority Girl; William Friedkin (The Exorcist) got Jailbreakers; Jonathan Kaplan (The Accused) chose Reform School Girl; Mary Lambert (Pet Sematary) took Dragstrip Girl; John McNaughton (Henry: Portrait of a Serial Killer) opted for Girls in Prison; John Milius (Conan the Barbarian) chose Motorcycle Gang...
...failure, but as someone who took the company and turned it around. Now he's a winner: he's probably $400 million ahead of his original investment, and he's still got 10% of the new entity." Merril Lynch's Vogel sees the merger as "Tisch's exit strategy. He was having a problem chasing out. This is one way of solving that problem...