Word: armande
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Dates: during 1980-1989
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...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...
...regional office administered. Last week HUD Secretary Jack Kemp decided to move Puerto Rico operations out of the New York region, which would put them beyond D'Amato's reach. D'Amato also helped gain HUD financing for work in his hometown on Long Island, where his brother Armand, a lawyer, profited from the closings on house sales. Armand D'Amato also represented a company that won a HUD contract for a luxury resort rather than housing for the poor...
Americans did not spare themselves. Washington sent eight planeloads of official aid, plus a U.S. Air Force C-141 carrying supplies that left from Italy. Private donors gave millions of dollars' worth of supplies and equipment that required more than twelve planes to ferry them to Armenia. Industrialist Armand Hammer donated $500,000, and Chrysler Corp. Chairman Lee Iacocca announced a fund drive. In Chicago, one of five major Armenian population centers around the U.S., the local community raised more than $800,000 and collected 20,000 lbs. of supplies, from blankets to medicine. The Armenian Relief Society raised more...
Among planes reaching Yerevan yesterday was one carrying Armand Hammer, the American industrialist who has done business with the Soviets for decades and helped after the Chernobyl disaster. Tass said he brought medical equipment and a check for $1 million from the World Vision Organization...
...thereby temporarily cutting British North Sea oil production by 12.9%. The losses in export earnings and tax revenues from Piper Alpha alone were expected to cost the British government at least $1.2 billion a year, while the losses to insurance companies were likely to exceed $1 billion. Occidental Chairman Armand Hammer promised a contribution of $1.7 million to a Piper Alpha disaster fund and an indemnity of some $170,000 to the family of each victim...