Word: ownerships
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Dates: during 1990-1990
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...indicating that 70% of Slovaks wanted to stay in the federation, he took no chances. Stepping in with a request to rule by decree if necessary, Havel warned that if democracy failed, "we would be cursed by future generations." Negotiators took the hint and produced a compromise: joint stock ownership of utilities and a rotating chairmanship of the central bank. But a perverse question continues to haunt the new democracies eager to join modern Europe's mainstream: What if the right to choose translates into the decision to say "No, thanks" to democracy...
...baling wire," says Jack M. White Jr. of the city's Coalition for the Homeless. Even Washington's most ebullient convert to the cause -- Housing Secretary Jack Kemp -- is full of ideas but inevitably short of funds. His latest initiative, Homeownership and Opportunity for People Everywhere, would promote home ownership for low- income tenants and support local nonprofit groups. But its total funding is only $750 million next year. The 1987 McKinney Act allotted $596 million this year to states and cities for homeless programs. But even that amount pales next to what the cities are spending. New York City...
Rather than hobble American pop culture, foreign ownership of U.S. entertainment companies seems likely to increase its exposure around the world. Already, Dallas boasts loyal viewers from Jerusalem to San Jose. As the global audience for U.S.-produced entertainment has grown, producers and directors have aimed for broader, cross-cultural appeal. Arnold Schwarzenegger is one of the biggest box-office stars in the world. Twenty years ago, no actor with a heavy German accent, no matter how gifted, would have topped Hollywood's talent ladder...
...agreement, subject to the approval of the bondholders and the New Jersey Casino Control Commission, will forgive at least $13 million of annual interest and allows Trump and his investors to split ownership of the casino fifty-fifty. Provided he can meet certain performance goals, Trump will retain control of the company as chairman...
...outrageous giveaway from the Federal Government is oddly narrow. After all, long before it adopted minority preferences, the FCC was handing out valuable licenses practically for free on other, equally bogus criteria. After more than a half-century of this foolishness, many of America's largest fortunes derive from ownership of broadcasting franchises. Helms himself has made the odd nickel this way. In just the past few years, the awarding of cellular- telephone franchises has created a whole new category of white male multimillionaires. Reformers have long argued that valuable FCC licenses should be auctioned off, rather than given away...