Word: 90s
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DaimlerChrysler has also paid the price for its mismanaged global ambition. Two successive chief executives, Edzard Reuter in the 1980s and Jürgen Schrempp in the '90s, aggressively pursued visions of international growth and diversification and financed them by tapping into the cash hoard Mercedes had built up over decades. In the process, the company, which once prided itself on its provincial roots in Baden-Württemberg, acquired a worldwide scale and presence in both cars and trucks--and bought some absolute dogs. That included a near bankrupt household appliance company (AEG), a teetering airplanemaker (Fokker) and a 37% stake...
...work to sprout from Park’s fertile mind is “Wallace & Gromit: The Curse of the Were-Rabbit,” the first full-length feature starring the titular team. Their initial appearances in a series of celebrated short films in the ’90s have amassed a fan base that adores their wry, unmistakably British humor. The formula is straightforward but enchanting. Wallace is the bald, big-grinned inventor with a different job in every film but two constant passions: wacky, necessarily unnecessary contraptions and a good hunk of cheese. Gromit is his resourceful...
...Quincy Adams. Bookshelves are filled with out-of-print zines. “Stolen Sharpie Revolution,” is filed near “Things You Can Stab While Riding A Bike Carrying A Sword.” One shelf over? “Bad Hair of the 90s...
Icahn, 69, hasn't mellowed a bit since his corporate-raider days in the 1980s, when he made millions of dollars buying stock and forcing asset sales, stock buybacks and special dividends by the likes of Texaco and Phillips Petroleum. In the '90s, with notable exceptions like RJR Nabisco (in which he bought a stake and pushed the company to break up), he operated more quietly, in beaten-down areas of the bond market. But now he's back on the big stage rattling major corporations--and loving...
...late '90s, Lindstrom was talking about the idea of a scholarship program with his boyfriend Carl Strickland (who is 29 years younger) and with his old friend John Pence, a San Francisco gallery owner and former social aide to Lyndon Johnson. One night in 2001 at Lindstrom and Strickland's home--which they call the Point because it sits on a promontory on the Nevada side of Lake Tahoe--the three christened the Point Foundation. Since then, some 5,000 young gays have applied, and 47 Point scholars have been named...