Word: phil
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...firm Bahrain chose to find its bonanza has a freewheeling history, even by Texas standards. Harken director E. Stuart Watson, a former executive for oil giant Atlantic Richfield, calls the Dallas company's deals "convoluted" and difficult even for industry veterans to grasp. Says Harken founder Phil Kendrick, still a small shareholder: "Their annual reports and press releases get me totally befuddled. There's been so much promotion, manipulation and inside dealmaking. It's been a fast-numbers game." Some former executives charge the firm with routinely inflating its assets to make its balance sheets look better. Harken's longtime...
...glut has never been so thick. Povich, former host of A Current Affair, is just one of half a dozen newcomers elbowing their way into a field already crowded with such long-distance runners-off-at-the-mouth as Phil Donahue, Oprah Winfrey, Geraldo Rivera, Sally Jessy Raphael, Joan Rivers and the irrepressible Regis & Kathie Lee. Stand-up comic Jenny Jones' new daytime show started off with a bigger initial lineup of stations than any syndicated talk show in history. Montel Williams, a former naval-intelligence officer and motivational speaker, emcees an issue-oriented program currently being test- marketed...
...show is more shrill than Donahue. Phil still scores his coups (he had the first TV interview with Wanda Holloway, convicted of plotting the murder of her daughter's cheerleading rival) and does his homework. But his hyperventilating style has reached the point of self-parody, and his exploitative gimmicks are growing increasingly shameless. No one but Donahue could kill an hour debating whether beauty contests in bars are demeaning to women or just good clean fun -- or manage to keep a straight face while trotting out, after every commercial break, a different trio of scantily clad women to demonstrate...
Bush shows every sign of wanting to take some strong action on the economy, but no surefire solution is at hand. He is unlikely to be helped by any Republican proposal that smacks too much of supply-side thinking. Last week Senator Phil Gramm of Texas revived a proposal for a cut in the capital-gains tax. Bush also touted the reduction, along with some other stimulants that he had proposed to Congress last year. The capital-gains cut, however, has become a symbol of Bush's supposed elitism. That won't fly in times like these, and Republicans know...
...some cases, debts of $10,000 and more were rolled over month after month, with no penalties and no interest charged. Sergeant at arms Jack Russ, who is in charge of the House bank, bounced a check for $10,000 in 1989. Republican Phil Crane of Illinois announced that he had heard of one case where a member had bounced a single check for $23,000 in the House bank, while already owing...