Word: acquisitors
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...seem wicked to many suffering patients or the doctors who hope to cure them; the church's sin is their salvation. Likewise the accumulation of excessive wealth: leave aside the historical irony of this charge issuing from the Vatican. What do we make of Bill Gates, the Great Acquisitor, who, as a philanthropist, is now arguably the greatest individual force for good around the world? Does it not seem as if he has grasped the eternal somewhere along...
DIED. CLEMENT CONGER, 91, White House and State Department curator who restored diplomatic reception rooms to their grandeur in the late 19th century; in Delray Beach, Fla. Known in Washington as "the Grand Acquisitor," he amassed an Americana collection of antiques and fine art worth more than $100 million, one of the largest in the world...
...triumph came the same day that KKR's crown jewel, RJR Nabisco, reported its first quarterly profit since the grand acquisitor bought it for $25 billion in 1989. RJR eked out a $5 million gain for the first quarter of 1991, in contrast to a $222 million loss for the same period a year ago. The improvement reflected RJR's drive to reduce its towering interest expense...
...empire lay under siege last week, staggering beneath the burden of debt Trump has accumulated in his insatiable buying spree of the past few years. The Grand Acquisitor never seemed to notice that the Roaring Eighties had ended until suddenly his cash started running out. So far, Trump has not missed any payments on his estimated $3 billion in loans and junk bonds. But his lenders and suppliers have begun to fear that Trump's domain is an overleveraged structure built on swagger and bluff. His creditors have suddenly demanded proof of his financial prowess, and he is coming...
...Antipodal Acquisitor. In 1983, in the midst of his glory days, Alan Bond's sloop Australia II captured the America's Cup. In the same determined manner, Bond, 51, has run up more than $3 billion of debt in recent years while capturing a global empire of properties ranging from half of Chile's telephone system to Wisconsin-based G. Heileman Brewing. To lighten his crushing debt load, Bond is now shedding properties almost as fast as he acquired them...