Word: branched
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Dates: during 1980-1989
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...cooker, "is where the action will be." Regan, former president and chairman of Merrill Lynch, had long eyed Baker's job from his Treasury post and readily traded his prestigious title for a position of greater power. Contended one of Regan's Treasury Department aides: "He considers the Executive Branch to be like a corporation. Cabinet members are vice presidents, the President is the chairman of the board, the chief of staff is the chief operating officer...
...were his ambitions. Called back to New York in 1960 after managing the Philadelphia branch office for five years, he sought and won authority to open a long-range planning section that laid the groundwork for transforming Merrill Lynch from a chain of brokerage offices into an enormous financial supermarket, complete with insurance, real estate and savings services. As a result, Merrill Lynch was able to breeze past the collapse of the '60s go-go market and, as the deregulation era dawned, to become a serious contender for retail-banking customers. Asked in 1979 to describe the financial institution...
DeMatha alumni include Maryland's Adrian Branch, North Carolina State. Sidney Lowe and Dereck Whittenberg, and a host of hoop gods who have gone on to bigger and only slightly better things...
...which is challenging IBM in the computer business, entry into the competitive world was rough. To cut costs, the company eliminated 11,000 of the 253,000 jobs in its AT&T Technologies branch. The stars of the divestiture were the seven Baby Bell companies. They earned $5 billion in the first nine months of 1984 and were favorites on Wall Street...
Many contras, however, are barely surviving. Times have been hardest for Eden Pastora Gomez, the volatile leader of an ARDE branch that at one time had as many as 2,500 men. Over the past few months, hundreds of his supporters have sought refuge in Costa Rica, where many of them have sold their $1,000 automatic weapons for as little as $100. "In the best month, we got $600,000 from the gringos," recalls a Pastora aide. "Now, we get nothing. If one of us manages to scrape together $5,000, we buy rice and maybe 20,000 rounds...