Word: stakes
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...politician, like a surgeon, is tested on deadline, when all the preparation and the pressures come together to be manipulated into success by a cool professional. Frist, the politician, will look back on this time as the moment when his operating skills either saved or failed him. At stake are nothing less than the most sweeping energy bill in 11 years and the biggest overhaul of Medicare since the health program for the nation's seniors was enacted...
...during the 1994-95 season. Through the hit show Home Improvement, a production of Disney's Touchstone Television unit, Iger got to know Eisner, who would become his boss when CapCities/ABC and Disney merged in 1996. The two are now very close. Wall Street analysts say Iger can best stake a claim for the top job by helping achieve a ratings turnaround at ABC (it has recently slipped to No. 3), improved results from international operations and more consistent overall earnings growth. That probably means more days and nights attending to the down-and-dirty details. --By Sonja Steptoe/Los Angeles
Tsuda, 58, joined phone giant NTT in 1970 as an engineer and 20 years later helped establish the mobile-phone project that grew into the independent company NTT DoCoMo (though NTT retains a 63% stake). During Tsuda's tenure as executive manager of corporate strategy, NTT DoCoMo launched its biggest hit to date, an e-mail and Internet service for mobile phones called i-mode, which has helped the company dominate Japan's mobile-phone market...
...tensions exist atop Renault between chairman and chief executive Louis Schweitzer and his heir Carlos Ghosn, they're well veiled. Ghosn is CEO of Nissan Motor, the Japanese automaker that Renault controls through a 44.4% ownership stake. He's slated to move from Tokyo to Paris in 2005 and become CEO of Renault while Schweitzer remains chairman, a situation that Ghosn says could be seen as "potentially antagonistic." But he and Schweitzer have worked together for five years and developed a relationship of "mutual trust," Ghosn says, adding that after a decision is made public "you never know who defended...
...system," Spitzer told TIME. "There's an extra level of insidiousness to it." Complaints filed last week by Spitzer and the Securities and Exchange Commission charged Gary Pilgrim and Harold Baxter with civil fraud. They are accused of allowing an outside hedge fund (in which Pilgrim held a major stake) to make rapid trades in Pilgrim Baxter funds, a practice forbidden by the company. Baxter is also accused of giving details about the firm's holdings to a friend, a broker whose clients traded on the information. Asked if the allegation could lead to insider-trading charges, Spitzer said...