Word: ans
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Dates: during 1980-1989
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Until the brothers hit the apex of the ad world, no one questioned their claim to have a grand strategy that would turn their empire into a finely tuned global machine. But the first crack in that facade occurred in January 1986, just two months before the purchase of Bates...
Maurice finally sounded a tocsin last March, warning that profits would decline for at least the first half of 1989. He also announced plans to sell off much of the firm's $360 million consulting investment. Calling the move "ham-handed," Alan Gottesman, an advertising analyst at the Paine Webber...
Saatchi management launched an overall restructuring program. Starting last spring, more than 800 corporate employees lost their jobs. Plans were laid to close corporate offices in Washington and to trim operations in New York City and in London, where the corporate staff last year moved into a glossy new global...
From his prison quarters in South Africa's wine-producing region near Paarl, Nelson Mandela has been conducting a quiet diplomatic campaign. Last July he accepted an invitation from his adversary, former President P.W. Botha, for a historic face-to-face meeting. Mandela has since received a series of visitors...
Not all of Mandela's A.N.C. comrades were pleased by the exchange. Many were similarly disgruntled over the July meeting with Botha, an encounter of less import, considering that Botha was a lame duck. Some A.N.C. members seem to object to Mandela's taking a supreme role in the organization...