Word: boardroom
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...mood in the 54th-floor boardroom of Chrysler Corp.'s offices atop the Pan Am building in Manhattan was understandably subdued. Sales were still slumping, costs continued to soar, and back in Detroit the company had earlier in the week announced a third-quarter deficit of $461 million, by far the largest quarterly loss in its troubled financial history...
...boardroom was part of a trade in which the U.A.W. chiefs let Chrysler off with an easier three-year wage pact than those recently signed with General Motors and Ford. The company will save about $200 million by deferring payments into its pension plan next year and a further $203 million over the next two years by delaying some wage raises and benefit improvements. By the end of the three years, however, Chrysler workers will be earning the same as GM and Ford employees, and the industry's hourly labor costs-wages, fringe benefits and pensions-will have jumped...
...week's end Volcker had the measures that he wanted and called a mid-morning meeting of the board's governors in the Fed's second-floor boardroom. There, against a backdrop of silk wall coverings and an enormous blue-and-gold map of the U.S., the governors mulled over their chairman's proposals for one hour, then two, then through lunch and on into the afternoon...
...family-his father was city manager of Teaneck, N.J.-and is known to be somewhat parsimonious. His cigars, complain his associates, do not carry a banker-like aroma. (One of his first acts, nonetheless, will probably be to remove the NO SMOKING signs Chairman Miller installed in the Fed boardroom.) Volcker's preferred entertainment is watching sports on television with a beer in hand. Once, when meeting a colleague at a Swiss nightspot, he put off the waitress until their conversation was completed. Then, never having ordered a drink, he complained that the prices were unjustifiable, and stalked...
From courtroom to boardroom...