Word: gray
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...cashing in stock options for tens and hundreds of millions of dollars while their corporate profits are tripling. "The consequence of the inaction has been a massive transfer of wealth from the ordinary citizens of California to rich energy barons in Houston, Charlotte and Atlanta," California's Democratic Governor, Gray Davis, told TIME. The state's wholesale energy bill grew from $7 billion in 1999 to $27 billion last year, and could reach $55 billion this year...
...ended up settling upon puritanical Modernism as the official style of fat and happy capitalism. Mies was a big part of the reason. He arrived in New York at age 52, with little English but with the powerful support of the Museum of Modern Art. Philip Johnson, now the gray imp of American architecture but then MOMA's architecture curator, devoted important shows to Mies and connected him with wealthy patrons. One was Phyllis Bronfman Lambert, who later became the founding director of the Canadian Centre for Architecture in Toronto and has now organized the Whitney show...
...attrition--which can run as high as 20% of a corporate work force when people feel like job hopping--just when companies are seeking to cut their costs to satisfy Wall Street. "People are hearing about friends who have been let go," says John Challenger, CEO of the Challenger, Gray & Christmas outplacement firm. "And they say, 'This is not the time to take a risk.'" So they stay...
...GOVERNOR GRAY DAVIS Backs loser in L.A. mayoral race, draws flak for media advisers on payroll. Gov's power grid on fritz...
...walked to the office this morning after dropping my son off at school, I passed store after store with special Father's Day promotions. I saw pictures of handsome Dads with just a dusting of gray in their closely-cropped hair, holding a small child in one hand and some wonderful gadget in the other. I admit I did feel a frisson of excitement. But this was not sentiment about the enduring role of fathers in our lives, but the pervasive tickle of modern capitalism, where in order to enhance the desire for more and more objects, we have...