Word: armand
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...helped the bank recover from a string of bad real estate loans. But associates complained that Abboud was autocratic and contributed to flagging morale. In 1980 the bank's board ousted him. Abboud soon became president of Occidental, only to resign in 1984 after policy clashes with Chairman Armand Hammer. Since then, Abboud has run his own investment firm near his home in the posh Chicago suburb of Barrington. His reputation for toughness lingers, however, and Abboud seems to revel in it. "People think the A in A. Robert Abboud stands for abrasive," he has said. (Actually, it stands...
...Armand Hammer with Neil Lyndon...
...Armand Hammer's memoir of his 88 tumultuous years begins near the end, with accounts of his part in 1986 negotiations to clear the way for U.S. physicians to help Chernobyl's victims, and then in freeing hostage U.S. Journalist Nicholas Daniloff and a would-be Soviet emigre, Geneticist David Goldfarb. These incidents demonstrate his unusual role as a back-channel conduit between U.S. and Soviet officials. They also reflect the pragmatic approach Hammer takes toward the Soviets, his business partners on and off since the early 1920s. Readers will search in vain for indignation about the Soviet record...
...position to know what you want, then you're going to award that company a certain amount of points," says Eliot House resident Armand M. Nicholi '87, adding that, "unfortunately, most aren't in that position...
Last July, Alex Goldfarb appealed to Armand Hammer, 88, chairman of Occidental Petroleum Corp. and a friend of Soviet leaders for some 60 years, for help. Last week, when Hammer was in the Soviet Union, he met Anatoly Dobrynin, the former Soviet Ambassador to the U.S. "I'd like to take Mr. Goldfarb home with me tomorrow," said Hammer. Replied Dobrynin: "That's impossible." Said Hammer: "Anatoly, I'm accustomed to doing the impossible." Later, Dobrynin telephoned Hammer to say, "Permission granted." Hammer rushed to tell Goldfarb, who was in a hospital with multiple ailments, including failing eyesight, diabetes...