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Pete Wilson's inaugural gala 6 on "The Tonight Show With Jay Leno In the days before the election, the Los Angeles Times published allegations that Schwarzenegger had groped several women over the past 30 years He was scheduled to return to the Capitol by mid-afternoon to start the business of running California's government, a job that became more daunting over the weekend when his chief financial deputy pegged the state budget deficit at $25 billion â€â€? far more than other estimates And the inauguration was well-documented In a nod to his wife's uncle, Schwarzenegger added: "In the words of President Kennedy, 'I am an idealist without illusions The recall movement was launched in February by grass-roots activists angered over the state's budget woes and the prospect of higher taxes An immigrant who arrived in the United States at the age 21 barely able to speak English, Schwarzenegger is a quick study who impressed even some of his critics with his raw political skills In contrast to Monday's relatively sober proceedings, the 1999 inaugural for Davis included a $3 Schwarzenegger's wife, Maria Shriver, held the Bible while California Supreme Court Chief Justice Ronald George administered the oath Although Schwarzenegger's ceremony was more low-key than previous ones, there was plenty of star power, with guests including Dennis Miller, Jamie Lee Curtis, Danny DeVito and Rob Lowe 7 election that ousted Democratic Gov '" Although he had no prior experience as an elected official, the Republican Schwarzenegger was swept into office in the Oct Gray Davis, reviled by the voters for his handling of the state's ailing economy The ceremony, while steeped in tradition, was void of the pageantry often associated with California inaugurations GOP Rep But he has nonetheless also made many promises to voters that will be hard to keep, including repealing a big hike in the car tax on his first day in office Bitterness over the divisive recall vote and the state's financial troubles prompted Schwarzenegger to put a damper on livelier festivities â€â€? although plenty of celebrities and journalists were on hand Requests for press credentials came from TV crews and print journalists around the globe â€â€? including Japan, Australia, France, Germany, the United Kingdom and, of course, Schwarzenegger's native Austria Darrell Issa bankrolled the effort, spending $1 Schwarzenegger has said he will call the Legislature back into session, probably Tuesday, to deal with a range of issues including budget cuts, reform of the state's worker compensation system and a repeal of a new law that lets undocumented workers get driver's licenses "I am humbled, I am honored and I am moved beyond words to be your governor," Schwarzenegger said after being sworn in Nearly 740 journalists were expected to cover the ceremony â€â€? numbers similar to a presidential inauguration " The "Terminator" star cast himself as an outsider â€â€? he showed up at the Capitol on Sunday holding a broom to "clean house" â€â€? and claimed to be beholden to no special interests, even though he, too, accepted large campaign contributions from developers and major business interests And in 1995, Natalie Cole sang at then-Gov Later in the day, Schwarzenegger was to attend three events: a luncheon inside the Capitol rotunda for state and federal officials, a private family gathering across the street and an invitation-only reception sponsored by the state Chamber of Commerce The 56-year-old Austrian immigrant took the oath of office on the steps of the Capitol before an audience of 7,500 dignitaries and supporters â€â€? as millions more around the world watched the event live on television 7 million of his fortune to get the measure on the ballot Democrats, who control both houses of the Legislature, have said that they will be willing to give the new governor a chance, but most observers agree that the political goodwill will not last, presenting the new governor with an even bigger challenge Former Miss America Vanessa Williams, who appeared with Schwarzenegger in the 1996 film "Eraser," sang the national anthem The new governor was surrounded by his four children, who had remained out of public view during much of the recall campaign Schwarzenegger admitted he had "behaved badly sometimes," but with Shriver a fixture at his side, he quickly recovered That will add an estimated $4 billion to the deficit Schwarzenegger won with 48 percent of the vote over a list of 134 other candidates vying to replace Davis, who was bounced by 55 percent of the voters Schwarzenegger quickly became a contender after announcing his candidacy Aug Fifteen dignitaries from 13 countries were in attendance, including representatives from Canada, Egypt, Austria and Mexico Schwarzenegger Takes Office in California Nov 17, 3:04 PM EST Arnold Schwarzenegger was sworn in Monday as the 38th governor of California, completing a meteoric rise from bodybuilder and action hero to leader of the nation's most populated state in a historic recall election 7 million event featuring Lionel Richie, Kenny G and a reading by "Happy Days" actor Henry Winkler Merchandising, which makes up about 22 percent of overall business, has fared better, posting a slight gain to $10 3 million a year ago 2 million in the first quarter 'Martha Stewart Living' Going on Hiatus May 18, 1:40 PM EST With its star facing a possible prison sentence, the floundering "Martha Stewart Living" television show will be put on hiatus after the current season winds up, the show's producers announced Tuesday TV markets The company also said it will accelerate its development of special and new programming such as "Everyday Food," which was part of the Martha Stewart Living show, but is being spun out as a separate special on the weekends "I hope to resume our close collaboration just as soon as I am able to do so In a related move, Martha Stewart Living Omnimedia Inc However, its market reach has been nearly cut in half as affiliates dropped the show following Stewart's conviction The segment has met company expectations, and garners 94 percent of U Shares in Martha Stewart Living fell 14 cents, to $9 " Tuesday's announcement is the latest bad news for the multimedia company, which has struggled with disappointing sales, quarterly losses and a battered stock since Stewart was linked to an insider trading scandal almost two years ago also will be eliminating 40 jobs in the television business segment by June 30, leaving 35 positions, spokeswoman Elizabeth Estroff said Even before her conviction, Stewart's TV show's future had been cloudy 9 million S Stewart, who owns 61 percent of the media empire, also stepped down as chief creative officer and resigned from the company's board 15 in afternoon trading on the New York Stock Exchange "I am deeply sorry that it has become necessary for the show to go on hiatus until my personal legal situation is resolved," Stewart said Production of the award-winning syndicated television show, distributed by King World Productions, will continue for the remainder of the 11th season, through September 8 million from $10 King World was not actively trying to renew contracts in markets where the show aired Stewart was convicted March 5 for lying about why she sold 3,928 shares of ImClone Systems stock in 2001, just before the stock price plunged The company, which markets merchandise, magazines and TV shows, has always said that its television segment, which accounts for about 11 percent of total sales, remains its most vulnerable division The show was launched in 1992 as a weekly half-hour segment, but expanded to six days a week in 1997, according to Estroff The company acknowledged in its conference call with investors in early May, that distribution of its syndicated television daily show had been reduced to 52 percent from 90 percent of U The company will post a restructuring charge of up to $2 million in the second quarter Earlier this month, Martha Stewart Living reported a wider-than-expected loss for the first quarter and said that advertiser defections will likely push losses for the second quarter beyond Wall Street's forecasts That was primarily due to CBS-owned and operated stations taking the show off the air after the conviction Publishing, which accounts for about 55 percent of the company's business, posted a 30 percent drop in revenue to $23 Revenues in its television division declined 36 percent to $4 She assumed the title of founding editorial director "Despite the current challenges, we are fully focused on developing for our loyal audiences new and special programming that is consistent with our unique 'how-to' style and high quality of television," said Heidi Diamond, president of the company's television division She is expected to be sentenced June 17, and faces 10 to 16 months in prison In another move to distance itself from its founder, Martha Stewart Living Omnimedia said Tuesday that it will continue production of "Petkeeping with Marc Morrone," a half hour syndicated show that airs on the weekends local television markets Stewart had resigned as chairman and CEO last June after being indicted S |
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