Word: chairman
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Dates: during 1980-1989
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Legal and Ethical Are Not the Same Thing. By seeking to codify ethical conduct, the Government has inadvertently encouraged behavior that borders on what is legally permissible. Consider C. Boyden Gray, the White House counsel. While serving as an aide to then Vice President Bush, Gray moonlighted as chairman of a family-owned communications firm, which paid him as much as $50,000 a year. White House officials are formally barred from such outside employment, but not the Vice President's staff. Even when appointed White House ethics czar, Gray apparently planned to continue this cozy arrangement until...
...first day as a full-time discounter, Sears rang up about twice as much in sales as usual. Michael Bozic, chairman of the Sears Merchandise Group, said he found the response "extremely gratifying." But the longer- term question is whether Sears will consistently be able to match the prices of such established discounters as Target and Toys "R" Us. Shopper Nichelle Smith, 20, who went to a Sears outlet in suburban St. Louis last week to shop for inexpensive children's clothing, appreciated the lower prices but wondered whether Sears will stay competitive. Said she: "I'm going to come...
...labor-management battles in the 1980s have matched in bitterness the feud between Texas Air Chairman Frank Lorenzo and the machinists at Eastern Air Lines. Since 1987 the International Association of Machinists and Aerospace Workers (I.A.M.) has staunchly resisted Lorenzo's demands for wage concessions. At midnight last Friday, after more than a year of federal mediation failed to produce an agreement, the union launched a strike that is producing havoc for the carrier's 100,000 daily passengers and could throw East Coast airports and other transportation hubs into turmoil...
...first black chief executive. Daley's 55%-to-43% victory makes him an odds-on favorite in the mayoral election next month. It also set up a showdown between two of the country's most prominent black politicians: Jesse Jackson and his former political aide Ronald Brown, now chairman of the Democratic National Committee...
...that the tests of private relations and public life cannot be different simply because it is impossible to split a whole person in two, it was a painful admission. A few days before Nunn would lead the charge against John Tower on the Senate floor, the 50-year-old chairman of the Armed Services Committee sat in his office under the influence of two diet Cokes and finally confessed that he once stole some eggs from a neighbor who kept chickens...