Word: chairman
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Dates: during 1980-1989
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...hearing on defense issues, member Caspar Weinberger was up to his old game, calling for increased spending. Democratic Co-Chairman Robert Strauss took him to task for proposing new outlays without providing fresh income. Strauss reminded the former Defense Secretary that members had sworn an "oath to deal with the deficit." Weinberger retorted that there was nothing "so sacred" about Social Security that should prevent it from being tapped for defense. An outraged AFL-CIO president Lane Kirkland vowed to oppose any such moves, with street protests if necessary. The divisions are likely to worsen after the presidential election, since...
...frenzied world of Wall Street dealmakers, speculator Salim ("Sandy") Lewis stood out as a talkaholic with a penchant for dispensing advice and hatching colorful schemes. Last week a federal grand jury in Manhattan charged Lewis with manipulating stock in an apparent attempt to help out American Express and its chairman, James Robinson, a longtime Lewis friend...
...former college-football tackle had gone as far as most "car guys" are traditionally permitted to go at GM: the presidency, serving under one of the financial executives who have dominated the chairman's job. But at the moment, Stempel, 55, is the leading candidate to succeed chairman Roger Smith, who must retire at 65 in July 1990. The prospect of an engineer taking charge for only the second time in GM's 80-year history is providing a much needed morale boost for many dealers and employees. "He can talk about automobiles," says Carl Sewell, a Cadillac dealer...
...running: F. Alan Smith, 57, an executive vice president; Robert O'Connell, 50, chief financial officer; and William Hoglund, 54, who oversees components operations. At an October meeting of GM's top executives in Traverse City, Mich., the forward-thinking speeches by Smith (no relation to the current chairman) made him the star performer, outshining even Stempel, says an insider...
Ever since it practically invented the idea more than a century ago, Sears has seen a big sale as a sure cure for slow business. Even by the standards of the largest U.S. retailer, last week's offering in Chicago was its most stupendous yet. Chairman Edward Brennan served as the star pitchman. "It's a trophy," hawked Brennan, 54, a cherubic former Sears salesman. "It's an excellent facility, very well maintained; nothing of its size and value has ever been sold before. After all, it is the tallest building in the world...