JULY 4, 1989

Full News Archive

• Headline: Mass Art Sales Revolutionized by Marty Blinder. Impact: If Marty Blinder had never tried to mass-produce art, we might have avoided a world where people hang Warhol prints next to their IKEA furniture, leading to an entire generation believing they can curate culture with a trip to HomeGoods.. Fact: Ray Kroc didn't just sell burgers; he also perfected the art of selling questionable cuisine in a plastic wrapper. Bon appétit!.
• Headline: Imperial Corp. Leadership Shakeup. Impact: The resignation of the Chief of Imperial Corp. sparked an unexpected chain reaction, leading to countless boardroom power struggles, ensuring that every corporate drama movie in the '90s had at least one similar plot twist.. Fact: In the corporate world, stepping down amid financial troubles is just a polite way of saying, 'I'd rather not be here when the roof caves in.'.
• Headline: BUSINESS PEOPLE; A Buyout Partnership Is Established in Dallas. Impact: This new buyout partnership was like a toddler with a new toy—chaotic, messy, and ultimately just another way for rich people to play Monopoly with real money.. Fact: In the world of leveraged buyouts, the only thing more inflated than the egos of the players involved is the amount of debt they accrue while pretending they know what they're doing..