Word: ago
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Dates: during 1980-1989
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Champion, who returned to the Kennedy school last week after serving more than a year as Gov. Michael S. Dukakis' chief of staff, also led the search committee that recommended Thornburgh's appointment two years ago. Champion said yesterday that this search would seek similar qualifications for the IOP director's post...
...first I heard of this hotel was 15 minutes ago, and I live half a block away [from the site]," said McManus, who leads a community fight against the Binney St. parking garage, another part of Clem's project. "That's how well they're dealing with the community...
National service -- the image of a vast civilian army of fresh-faced young people embarking on a crusade of good works -- has always held romantic appeal for adults safely beyond draft age. Utopian visionary Edward Bellamy originally broached the notion more than a century ago. Philosopher William James alluded to it in his famous 1910 essay, "The Moral Equivalent of War." Franklin Roosevelt in 1943 spoke of a postwar America where young adults would make a "year's contribution of service to the Government." At the height of the Viet Nam buildup, Defense Secretary Robert McNamara proposed compulsory national service...
...Employee Stock Ownership Plan, or ESOP, has rapidly come of age. Ten million U.S. workers, about one-fourth of all corporate employees, are enrolled in an ESOP, up from 3 million only a decade ago. More than 9,800 companies in the U.S. offer such programs, including 1,500 in which employees own the majority of the stock. By giving workers a stake in the company's success, enthusiasts say, the programs boost morale and productivity. But the popularity of ESOPs, which were initially created in the 1950s, has been fueled in the 1980s by an unintended and somewhat controversial...
...company's 3,500 workers own 18% of its stock, with the prospect of eventually acquiring an additional 12%. In the case of Stone Construction Equipment, a small firm in Honeoye, N.Y., company heir Alan Stone no longer wanted to run the operation, so he sold it two years ago to his 200 employees for $4.5 million. Since then, annual revenues have jumped from $12 million to $30 million. The company's shares are scheduled to be distributed to employees within ten years...