Word: activistic
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...just follow the bouncing ball. Price is an activist investor who has made millions buying large chunks of companies and then fomenting change to boost the stock price. He forced the merger of Chase and Chemical banks in 1995. He is currently engaged in a public battle with Dow Jones & Co. as well as ITT. And, oh, yes, little more than a year ago, Price, a 21% owner of Sunbeam, got Dunlap hired as CEO. The pay was right: Dunlap got 2.5 million stock options that, if all could be exercised today, would bring him $70 million. So when Dunlap...
LONDON: Although hounded by Russia as a CIA spy and wanted in Asia for driving down currency values, the activist financier George Soros isn't showing any signs of giving up yet. He's now targeting American social problems with a lot of initiatives likely to draw retaliation on several fronts. TIME's William Shawcross reports in this week's cover story that Soros is giving $15 million over five years to groups that oppose America's "war on drugs"; $5 million in grants to help cut the incarceration rate; $50 million to help fellow immigrants get citizenship; $20 million...
...been quietly putting the fashionable buzz words "reinventing government" into practice. Municipal government has long been regarded as the great back-water of American democracy: a world of political patronage and special-interest jockeying in which policy discussions rarely move beyond synchronizing traffic lights. But a new breed of activist mayors, recently hailed by the New Republic as "the Pride of the Cities," has been turning city halls into hothouses of governmental innovation. They are challenging entrenched interests and butting heads with traditional allies in the pursuit of real reform: overhauling the school system in Chicago, reshaping labor-management relations...
...Taking the chairman's job, in particular, he said would "scare away" any real candidate for the CEO's job, given Jobs' penchant for down-your-throat management. Yet it may not be much better for the new CEO to have him sitting on the board, especially the reconstituted activist board of Jobs allies that he hopes will keep Apple on the right path. "I've agreed to be a board member, and that's all I can give. I have another life...
While ELIZABETH TAYLOR's preference in jewelry has always been diamonds, it turns out that silver suits her quite nicely also. Especially when it's on her head. The actress-activist-marital artist, who is 65, showed off her new au naturel look in Istanbul, in a rare post-brain surgery appearance, at a fund raiser for the children of Chechnya. She spoke briefly in support of Survive: the International Children's Appeal, as a favor to Shahpari Khashoggi, the wife of billionaire Adnan. Although she looked tired and left right after her speech, her spokesperson says...