Word: assets
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...scheme at once grandiose and controversial: shrinking the national debt by selling off excess federal buildings and land. Announced with some fanfare by the Reagan Administration last year, the plan had the goal of raising $17 billion over five years. But the stuffily named asset-management program has been a conspicuous flop from the beginning. By the middle of this year, it had succeeded in peddling only $150 million worth of buildings and a scanty 4,600 acres of land worth $4.8 million. Even worse, it has proved a disaster politically, antagonizing conservationists and even some of the Administration...
Under the proposed agreement, Alleghany will become an investment holding company whose principal asset is American Express stock. The deal will make Alleghany the largest single stockholder of the financial conglomerate with about a 10% stake. Alleghany will receive 15.3 million shares of American Express, nearly three times its book value. Says Robinson in defense of the deal: "It's a high price, but it's got the sales force and management in place. You've got to pay a premium for that...
...refreshing to see a politician like John Glenn who rejects the "wheeler-dealer" approach to a national election [June 20]. So far, he represents the most responsible candidate for President. Insisting on making your own decisions and cautiously establishing political allies is an asset in my opinion, not a liability. Unfortunately, Americans are increasingly electing Presidents because of their personality. Instead, we should reconsider and vote for those candidates who, like Glenn, show the best leadership qualities...
...last year's sorry Bendix/Martin Marietta/Allied/United Technologies battle a product of bored, amoral, frustrated, intellectually sterile managers? Will William Agee and Mary Cunningham ever find true happiness? Is the Harvard Business School encouraging its graduates to sacrifice real growth for mere asset management? The answers to the above are yes, perhaps and possibly. At least, so say two new post-mortems on the Bendix saga, Three Plus One Equals Billions, by Allan Sloan (Arbor House; $15.95), and Till Death Do Us Part, by Hope Lampert (Harcourt Brace Jovanovich...
...Lintner worked to broaden the applications of his capital market theory research. His most recent work, for example, examined the consequences when investors do not act in their best interest or are not able to make certain types of investments. His last published work analyzed how well the capital asset pricing model fit the real world...