Word: chairman
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Dates: during 1990-1999
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...Banana Wars," on trade agreements and restrictions [BUSINESS, Feb. 8], painted a one-sided picture of the dilemma. The dependency of Caribbean islands like St. Vincent and the Grenadines on bananas for hard currency far outweighs Chiquita's need to maintain market share in Europe. Perhaps if Chiquita's chairman, Carl Lindner, had not spent so much time and money lobbying Congress and the White House, his company would not have "lost money four of the past five years." It's been said that business is war, and wars cost money. Chiquita is at war with the eastern Caribbean...
...contrary, it seems clear these children are consuming an excessive ration of TV each night. Television is bad enough in itself without pre-empting time that would be better spent on homework. To the extent that there is a homework problem, it is a failure of priorities. JOHN SILBER, CHAIRMAN Massachusetts Board of Education Boston
...from environmentalists. The Sierra Club has already dubbed the Excursion a ?suburban assault vehicle? and one of the group's officials described it as ?a garbage truck that dumps its pollution into the sky.? That the new gas guzzler should be a Ford is rather ironic, says Christian. Company chairman William Clay Ford has vowed to make the automaker the leader in developing clean vehicles. Ford's explanation of the apparent Excursion eco-paradox: SUV consumers are not particularly concerned about gas consumption; nevertheless, the vehicle will produce 43 percent less smog than permitted...
...oracle of the American economy, Federal Reserve chairman Alan Greenspan, spoke again on Tuesday, reporting to Congress in his usual dry abstruseness that the economy remains "solid" but that "after eight years of expansion, the economy appears stretched in a number of dimensions, implying considerable upside and downside risks to the economic outlook." Which means, says TIME senior economic reporter Bernard Baumohl, that Greenspan is "raising a yellow flag to indicate that the best of the nation's inflation news may be over. He wants everyone to know that the Fed stands ready and alert to raise interest rates...
Greenspan expects "no breakout of inflation," analyzes Baumohl, but he does believe it "could pick up a bit in 1999." One of the main reasons the Fed chairman cited for his prediction was what he called "worker depletion." Full employment has created a scarcity of labor in a number of sectors, explains Baumohl, and that shortage could cause a small rise in wage inflation this year. Having engineered one of the most remarkable economies of modern times, Greenspan now finds himself in the ironic position of working to ensure that success doesn't defeat itself...