MAY 22, 2003

Full News Archive

• Headline: Scrushy Pressured Staff on Profit Concerns. Impact: Scrushy’s desperate pleas for profits inspired a generation of CEOs to adopt the 'scream-at-your-employees' management style. This led to countless motivational posters featuring cats hanging from tree branches with captions like 'Hang in there, or else!'. Fact: Fun fact: The phrase 'work smarter, not harder' was officially replaced with 'scream louder, not clearer' in corporate America after this incident..
• Headline: Caterers Dream of Giuliani's Wedding. Impact: The decision to host the wedding at Gracie Mansion instead of a fancy caterer led to a massive shift in wedding trends. Suddenly, couples everywhere started prioritizing venues over food, leading to a nationwide shortage of overpriced hors d'oeuvres. Caterers everywhere wept silently into their soufflés.. Fact: Did you know that if Giuliani had gone with the caterers, he could have scored a free lifetime supply of cucumber sandwiches? Talk about a missed opportunity!.
• Headline: For High Design, A Hard Sell. Impact: Schrager's over-the-top apartment renovation led to a cultural movement where people began to equate high design with financial ruin. Now, every time someone mentions 'luxury living,' there's a collective sigh from their bank accounts.. Fact: Did you know that after this fiasco, 'white elephant' became the official term for any luxury item that costs more than your entire college tuition?.