Word: chairmanship
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Dates: during 1990-1999
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...retire, you're finished," a crusty William Jovanovich often told his nail-biting subordinates. Yet last week, after 34 years at the helm of book-publishing giant Harcourt Brace Jovanovich (1989 sales: $1.8 billion), the 70-year-old iconoclast finally buckled. He passed his chairmanship to HBJ board member John Herrington, a former U.S. Energy Secretary. "The burden was too great, and Bill had had enough," explains another director. "He was also getting...
With Gorbachev leading the assault, Yeltsin was savaged at that meeting and at a later session of the Moscow party committee. In his book Against the Grain, Yeltsin reports that Gorbachev phoned later to offer him the deputy chairmanship of the State Construction Committee, which he accepted. Gorbachev then told him he would permanently be barred from politics. Writes Yeltsin: "It did not occur to him that he had created and put in motion a set of democratic processes under which his word as General Secretary ceased to be the word of a dictator...
...Does this imply a federation, with a central government? A confederation, with no central authority? An economic community? Gorbachev will have to decide whether he favors revising the present Union through legislation or dismantling the whole Soviet structure by writing a new constitution. He has taken for himself the chairmanship of the congress's Constitutional Commission and set a one-year deadline for drafting a new document. He told the Central Committee last month that the sooner decisions are made to define "the competence of the Union and that of republics," the sooner everyone will see "the enormous advantages...