Word: altmans
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Dates: during 1990-1999
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...City not only pressured the Environmental Protection Agency into clearing a 50,000-bbl. hazardous waste dump but helped push through a reluctant state legislature a bill to pay for such cleanups. "Parents believe you can't beat city hall, and find reasons not to get involved," says Andrew Altman, a spokesman for Greenpeace. "Kids don't have that kind of cynicism. They just get things done...
With $10,000 in grant money from the Altman Foundation, used mostly for props, salaries and administrative overhead, Christensen and the Big Apple Circus designed a five-week pilot program. As he tuned in to the needs of his new audience, Christensen made changes in his timing and toned down his circus-arena makeup and gestures to suit the bedside. Perhaps the most daunting hurdle was earning the respect and support of the medical staff. "They had to accept that we were there as part of their world," he says...
...investment, the retailing industry has the look of a losing bet. In just the past few months, hard times or bankruptcy has befallen such legendary stores as B. Altman, Bonwit Teller, Bloomingdale's and Abraham & Straus. Yet this prominent list of casualties failed to dampen the bidding war that began last September when B.A.T. Industries of London decided to sell Saks Fifth Avenue, one of the most prestigious U.S. retailing chains. At least four potential buyers vied for the richly profitable company (estimated 1989 earnings: $111 million), which has 45 stores in such locales as Manhattan, Beverly Hills, and Palm...
...companies do not have to file for Chapter 11 to lure the new vultures. "There are many shades of failure," says Sanford Sigoloff, a turnaround specialist who runs the bankrupt U.S. operations of Australia-based Hooker Corp., which owns the B. Altman and Bonwit Teller department-store chains. Such troubled but solvent corporations as Wang Laboratories, the Lowell, Mass., computer maker that laid off more than 1,500 workers last year, have hired "workout" advisers to help pare down their debt. By pursuing a workout instead of bankruptcy, management can maintain control of the company and generally reorganize faster. "There...
...Lawrence 7-14 8-11 22; Kate Hackett 1-1 1-4 3; Bonnie Coutu 0-2 0-2 0; Karen Canavan 0-2 0-0 0; Alison Toth 0-0 0-0 0; Wendy Gerhart 2-7 0-0 5; Sarah Jacobsen 4-5 2-2 10; Trina Altman...