Word: bateman
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Dates: during 1970-1979
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...Jersey: Bateman v. Byrne...
When New Jersey Republican Raymond H. Bateman turned 50 last week, a political numerologist would have chuckled at the irony. The challenger's once commanding lead in the polls had shrunk to only a 50% chance of unseating the Democratic incumbent, Brendan Byrne...
...senior member of the legislature and, until this fall, the owner of a public relations and advertising firm, Bateman is immeasurably more polished and effective than Byrne as a political personality. But he may have made a fatal mistake by basing his campaign on a promise to let the one-year-old state income tax expire next June. Bateman has argued that the 2% to 2.5% tax?which brings in about $1 billion a year?should be replaced by a legislative package that would include welfare reform, a selective job freeze and, if necessary, a "modest" increase in the state...
Even by the standards of the securities industry, whose firms constantly raid each other for experienced employees, spiriting away an entire branch office was an unusual act, and last week it brought an unusual judgment. An arbitration panel of the New York Stock Exchange ordered Paine, Webber to pay Bateman Eichler almost $1.1 million in damages. In addition, the arbitrators assessed damages totaling $45,000 against three of the former Bateman employees for conspiring to engage in unfair competition. The damages were less than the $2.5 million that Bateman had asked in a California court suit filed on the Monday...
...employee than to train someone new, and that the easiest way to win accounts from a rival is to hire the brokers who service them. Even the firms that count themselves aggrieved may be wooing away employees from rivals. Only a month before its Fresno office defected, Bateman Eichler hired five members of the trading department of Mitchum, Jones & Templeton Inc. And Loeb Rhoades, in response to the Bache complaint, asserted that Bache two years ago had lured away its entire foreign institutional department. Loeb Rhoades did not sue, says a spokesman, because "those are the breaks of the game...