Word: boardroom
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...concern in CBS's boardroom last week was less about the treacherous economic waters than about the quality of Wyman's stewardship. Says Ernest Levenstein, a media analyst at the Shearson Lehman Brothers investment house: "This is not a story about a financially troubled company. This is a story about power and control...
That feeling began to change soon after the board convened the next day in the Italianate boardroom personally designed and decorated by Paley. Wyman and other senior executives briefed the directors on CBS's prospects and strategy. The presentation was later described by some of those present as lackluster. But it contained a bombshell: at the outset Wyman asked the board to authorize continued negotiations with Coca-Cola over the purchase of CBS. By implication, that meant he had already held talks of some kind; a Coca-Cola spokesman later volunteered that "there was contact, but there was nothing...
...discount brokerage, and has turned it into one of BankAmerica's minor gems (1985 profits: $11.4 million), with himself starring in the brokerage's television commercials. But the marriage soured as BankAmerica's fortunes plummeted, and the entrepreneurial Schwab earned a reputation as something of an impatient boardroom maverick. Indeed, he was known to have sold off most of his 850,000 BankAmerica shares last year...
...down-at-the-heels protagonists makes a dodgy border crossing, the tension is palpable. Readers know that if the policeman in the greasy uniform were a shade more intelligent, he would realize that the hero's accent is bogus, his passport fake. An author who sees himself in boardroom costume, however, seems unlikely to grasp the concepts of weary connivance that nourish the standard thriller...
...postwar years, during which Kokoschka cast himself as a maestro appointed to pull the great European figurative tradition out of the grip of abstraction, his art declined in vitality. One soon wearies, for instance, of the view-fromthe-boardroom cityscapes of Berlin, London and New York that he turned out in some profusion for Axel Springer and other bigwigs of the postwar boom years. But to say that his talent collapsed like Chagall's is quite untrue. Chagall painted nothing but cloying ethnic kitsch for the last 30 years of his life. But in some of Kokoschka's last paintings...