Word: abrahamics
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Asked if he would quit, Avril responded, "If I step down hurriedly, it will create a lot of turmoil." On Saturday, Avril stepped down. His temporary replacement, Major General Herard Abraham, is scheduled to hand over power to a Supreme Court member this week...
...Bush White Houses. "Say, I'm ((National Security Adviser)) Brent Scowcroft; I've just been told that there is a coup in Panama. And what happens? I place myself there as Scowcroft, and I'd call the Situation Room, I'd call the Joint Chiefs. Or say, I'm Abraham Lincoln, and a crisis arises. What happened in the room? I can take the diaries of ((Lincoln's Treasury Secretary)) Salmon P. Chase or ((Secretary of War)) Edwin Stanton; I can lay it all out, and I can come up with what it was like to be in the White...
...sale. The setbacks have devastated Campeau, 66, a brash Canadian developer who became the most powerful retailer in the U.S. when he acquired Allied Stores and Federated Department Stores in 1980s takeover fights. Included in the deals were such prominent chains as Jordan Marsh, Bon Marche, Abraham & Straus and Burdines. But while the raids made Campeau a high-rolling business celebrity, they left his Toronto-based Campeau Corp. with more than $10 billion of leveraged-buyout debt and interest charges so high that the stores could not produce enough income to meet them...
...Christmas buying season brought little cheer to corporate raider and would-be retailing tycoon Robert Campeau. Citibank notified his Allied and , Federated stores, owners of Bloomingdale's and Abraham & Straus, that the bank might formally place loans totaling $2.3 billion in default as early as Jan. 10. Many Campeau suppliers and investors concluded that the chains would soon be forced to seek Chapter 11 bankruptcy. "You would have to be out of your mind to ship to either of these companies under current conditions," said one supplier...
...accepted. "Gorbachev is a superb actor," says the Carnegie Endowment's Dimitri Simes. "He rants to effect but is always in control. Like Reagan, he has a real sense of mission, but he is also a master of strategy and tactics, like Richard Nixon. And if you recall that Abraham Lincoln held off before freeing the slaves, and then consider how Gorbachev is astutely waiting for the time to be ripe before downgrading the party's role, you see how remarkable...