Word: boardrooms
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Dates: during 1990-1999
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...that there is a limit to such trips to the marketplace and that most of the money being raised is earmarked for G.M.'s financial obligations rather than new products and capital innovations. But investors are apparently hoping that a new management team assembled after last month's boardroom coup can turn fortunes around. If that happens, the betting is that G.M. can once again make money as fast as it has lost it since...
...WANTS TO GAMBLE ON A FEW HOT stock tips, Mikhail Gorbachev can go to the source. Last week, when he visited the seat of American capitalism, employees of the New York Stock Exchange cheered lustily and gave him a gold- plated member badge. As he was feted in the boardroom, Gorby told members, "I'd like very much for you to establish good links with the Russian exchanges. I'll always remember there are bulls as well as bears," he added, "because we know a lot about bears...
...something of a breakthrough last week when Harold Evans, president of Random House, and John Sculley, chairman of Apple Computer, met in a New York City boardroom and announced that titles from one of America's most famous book series, the Modern Library, will be published in electronic form. Among the first to be issued on disk are Faulkner's The Sound and the Fury, Melville's Moby Dick and Dickens' David Copperfield. The disks, priced below $25, are designed to run on Apple's portable PowerBook computers, which are widely considered to be more reader-friendly than IBM-type...
Kevin Murphy, associate professor at Harvard Business School, charges that the campaign against CEO pay "is a disguised attack on wealth." By holding CEO pay up to public criticism, he says, "we run the danger of driving our best people out of the boardroom...
...king of phone-call frenzy is neither an insurgent Democrat like Brown nor a Republican conservative like the fast-fading Pat Buchanan. That honor belongs instead to billionaire Texas businessman H. Ross Perot, who positions himself as a modern-day Cincinnatus called from the boardroom by the little people clamoring for him to mount an independent campaign for the White House. In what may be the cleverest antipolitics fandango in an antipolitics year, Perot insists, "I have no desire to be President. My personal feelings are, anybody intelligent enough to be able to do the job would not want...