Word: brawls
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Dates: during 1980-1989
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...quite. Opponents of boosting the 9.1 cents-per-gal. federal tax are gearing up for a fierce lobbying brawl. On one side stand the influential but unorganized advocates of the gas-tax increase, who range from Federal Reserve Chairman Alan Greenspan to Illinois Democrat Dan Rostenkowski, chairman of the House Ways and Means Committee. They argue that a gas-tax boost -- the proposals span from about 7 cents per gal. to 50 cents -- would be simple to administer and would bring a gusher of new revenues. As fringe benefits, the tax would help the environment and the U.S. trade position...
Officials called it an "isolated incident" when a brawl between African scholars and university security guards in Nanjing two weeks ago sparked street protests by Chinese students. But charges that the foreign students were beaten and tortured surfaced in Nanjing last week, and that ugly episode was followed by further anti-African demonstrations. The outburst of racism has stirred international concern and exposed a fissure in the special relationship that China once enjoyed with African nations...
Persuaded that KKR was the winner, directors summoned Kravis to a conference room at about 9 p.m. to complete the deal. The real brawl, however, was just beginning. "This game is not played by Marquis of Queensberry rules," said a Johnson adviser. "There really are no rules for this kind of auction...
...Amid the brawl for his company, Johnson has remained aloof from most outsiders and workers at RJR Nabisco headquarters in the elegant Galleria complex north of Atlanta. "We don't know what is going on," says an employee. "Some of us are going to lose our jobs, but we don't know who, or where." Feelings of helplessness were hardly confined to the South. Said a 15-year employee at an RJR Nabisco cookie plant in Fair Lawn, N.J.: "When you're at the bottom of the ladder and you got money men at the top, you take...
COVER: The brawl for RJR Nabisco tests the limits of greed and American capitalism...