Word: armand
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Medieval France, a cleric boasted, was covered with a "white mantle" of churches. So is America, with museums. Nobody can say for sure which museum is the worst. But now we know which is the vainest. It opened in Los Angeles last November. It is the Armand Hammer Museum of Art and Cultural Center. It cost nearly $100 million -- paid for, to their now deep resentment, by the shareholders of Occidental Petroleum Corp., whose chairman Dr. Hammer...
...other prominent citizens praised Milken's charitable contributions and personal interest in medical research, anticrime programs and other causes. Among his advocates: police chief Daryl Gates and Archbishop Roger Mahony of Los Angeles, California superintendent of education William Honig, Israeli Deputy Foreign Minister Benjamin Netanyahu and Occidental Petroleum chairman Armand Hammer. But is Milken a Johnny-come-lately to good works? Not so, according to his friend, attorney Richard Riordan. "This isn't like he began doing good because he felt the heat," says Riordan. "He's been doing this for years...
...were severely beaten with baseball bats by a group of members of the militant Mohawk Warriors Society. But it was enough to break the impasse. In response, Canadian troops, backed by armored vehicles and helicopters, swept into the Mohawk reserve to restore order. The action was taken, declared General Armand Roy, commander of the Canadian Forces' 5th Brigade, "to guarantee the security of civilians and of my soldiers...
Gorbachev's limousine was no longer than Armand Hammer's, and had the Soviet President put on black tie, he would have blended totally with the bankers and industrialists. "Gorbachev is old friends with more than half the people here," whispered one guest as he watched him clap the arm of NBC's Tom Brokaw (who interviewed him for U.S. television) and wring the hand of Dwayne Andreas, the world's soybean king, who sells the Soviets millions in beans and grains each year...
...managerial savvy that is lacking. Joint ventures sound attractive, but their history provides many caveats. Licensing agreements may be the best bet, if they don't require the import of components that have to be paid for in scarce hard currency. In any case, those aspiring to become the Armand Hammers of this generation may recall that after five years, in 1930, Hammer sold his pencil factory in Moscow...