Word: bosse
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Dates: during 1980-1989
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...high-powered banking colleagues must lumber along in English on their travels abroad, he can close a deal in fluent Spanish or Portuguese. A political independent in a Republican-dominated business, he once criticized U.S. policy on Viet Nam during a White House meeting in front of his banking boss and a Cabinet officer. During the Reagan years, according to another account, Reed has driven up to the same prestigious Pennsylvania Avenue address in a humble white Toyota compact. Now the whiz kid once dubbed "the Brat" is steering Citicorp on a radically different course from the one established...
...predecessor and mentor, Walter Wriston, who was largely responsible for Citicorp's eightfold expansion between 1967 and his retirement. Wriston was also the premier spokesmen for the go-go lending policies of U.S. banks in the 1970s. Even though to some extent Reed's current action repudiates his former boss's strategy, most bankers think Wriston would have done the same thing. So does Wriston. Said the retired chairman in Manhattan last week: "The world has changed, and Reed's doing what has to be done...
...last week a different picture of Reagan began to emerge. The new portrait depicts the President as a hands-on boss who thoroughly involved himself in the contra crusade. In this version, Reagan ordered his staff to keep the rebels' cause alive after Congress banned U.S. support in 1984 and 1985. He carefully monitored the contras' fortunes, asking questions about troop strength, supplies, battlefield activities. He welcomed contributions from one foreign leader and lobbied another head of state to expedite an arms shipment...
Court watchers have also detected a new virulence lately in some defense attacks on prosecutors. During the recent federal racketeering trial that ended in the acquittal of alleged Mob Boss John Gotti, defense lawyers launched savage personal attacks against Prosecutor Diane Giacalone; they even made wild charges that Giacalone had given her underwear to a prospective witness as an inducement to testify. Charges like that, says New York University Law Professor Stephen Gillers, "represent a breakdown in the last thread of civility in a contentious adversarial process...
...True. So you come to me. I take food stamps. With my discounts, you'll get the jets, the renovations, and a new pool. The boss will love...