Word: assets
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...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...
John V. Lintner Jr., Gand Professor of Economics and Business Administration. died on June 8. in an automobile accident in Cambridge. Lintner, who was 67, was widely known in the financial and academic communities for his major contribution to the capital asset pricing model, a method of estimating the future value of an investment...
...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...
What Fish says has been Sand's greatest asset has been his desire to win. "He applied himself and dedicated himself more than anyone I've ever coached," Fish says...
...television and radio stations are being acquired by Rockefeller Center Inc., a private company that manages about two-thirds of the family's wealth. Its biggest single asset is Rockefeller Center, the eight-block, 17-building office complex in New York City that celebrated its 50th anniversary last year. While the center reportedly generates revenues of $500 million a year, its 1981 profit was only $20 million. The Rockefellers have tried several schemes to wring more cash out of the complex and last year had even arranged to sell an interest in the center, but the deal fell through...