Word: multimillion
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Dates: during 2000-2000
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...supporters of school vouchers. First came the Election Day defeat of ballot initiatives in California and Michigan that would have created statewide programs that return tax dollars to parents who send their kids to private schools. These measures fell by a ratio of more than 2 to 1, despite multimillion-dollar campaigns by wealthy voucher proponents. Then last week, in a verdict with nationwide consequences, a federal appeals court ruled that the voucher program in Cleveland, Ohio, violates the constitutional separation of church and state...
Their final round question, also from McKinsey, asked the team to identify key issues that should be considered by the CEO of an entertainment company considering a multimillion-dollar investment to increase the capacity of its video game production...
...actual printing engine is becoming more and more of a commodity," says Ross Waddell, vice president of purchasing at copy giant Kinko's, which, while still Xerox's largest commercial customer, has diversified its equipment base by signing a multimillion-dollar deal with IBM to manage a complex network of high-speed Heidelberger copiers...
...illegal gambling. Typical of this arrangement was a Schenectady, N.Y., gambling ring uncovered in 1997 by the New York State Organized Crime Task Force. In raids in July that year in Las Vegas and Schenectady, authorities arrested 15 bookmakers, confiscated $436,000 in cash and uncovered evidence of a multimillion-dollar betting ring. The Schenectady bookies ran a full-scale operation complete with computers and multiple phone lines. In one eight-week period, police wiretaps turned up 5,800 calls to their "wire room" near downtown Schenectady from gamblers placing bets on college and professional basketball games...
...nonprofit venture perfectly blends Brown's unusual mix of skills. At 27, she left a career handling multimillion-dollar paintings at Christie's auction house to get a master's degree in social work. Five years later, after working as a therapist, Brown founded Room to Grow by organizing collection drives and persuading baby-product makers like Crayola and Fisher-Price to donate goods. "Asking for donations, convincing someone of your point of view--I learned all that at Christie's," says Brown, 34. She also learned how to think big: she's planning an October benefit at Christie...