Word: bond
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Dates: during 1990-1999
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Among the most notable benefactors are Baker Professor of Economics Martin S. Feldstein '61, University Marshal Richard S. Hunt and David R. Mittelman, a bond manager for Harvard Management...
Like many of the junk-bond wire walkers of the 1980s, Reg Lewis was so obsessed with "doing another Beatrice" that he left the company's core operations adrift. Jean Fugett, a former pro footballer who was Reg's half brother and his handpicked successor, continued the hunt for deals. In the meantime Beatrice was hit by a roiling European recession in 1992 and a rapid erosion of market share, profits and cash. In the middle of this tumult, Fugett hatched a takeover bid for the Baltimore Orioles baseball team. With Beatrice's big shareholders in revolt, Lewis made...
...things that way, is Charles Hurwitz, a Houston-based junk-bond wizard who plays the corporate-villain role well. Charlie's sin? He owns the trees, and he'll cut them if he wants to--and does he want to. In 1986 his company, MAXXAM (1995 sales: $2.57 billion), bought Pacific Lumber, the redwoods' owner. Hurwitz visited PL's Scotia, California, mill, and told workers he believed in the golden rule: "He who has the gold, rules." Then he drained $55 million from PL's $93 million pension fund, and cranked up the timber cut to pay off his debt...
Though neither group uses formal scripts during performances, rehearsals are still held to allow cast members to "bond" and to familiarize themselves with the nature of the performance...
Scattered throughout both acts are interludes featuring Russell as a character in a "running series of catastrophic cameos." Whether he is bouncing around the stage, dancing to James Bond music or pretending to be narrowly missed by a speeding train, Russell shines in these consistently disjointed episodes. These 30-second, slap-stick moments, breaking up the longer, more abstract dance scenes, remind the audience that above all, "Snappy Crayons" is supposed...