Word: clout
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Instead of using its financial and legal clout to bully its neighbors, Harvard must work more constructively to alleviate tensions over poor real estate management, expansion into local neighborhoods, and the University's exemption from local taxation...
...Carter appointee, when his term as chairman expired in 1983, but then decided to reappoint him because of the respect he commands in the financial markets. Now, however, the openings at the Federal Reserve may give the Administration new leverage against Volcker. The chairman's reputation earns him enormous clout, and he can set the Fed's agenda, but his vote counts for no more than those of other board members, and he could be overruled by his colleagues...
Instead of using its financial and legal clout to bully its neighbors, Harvard must work more constructively to alleviate tensions over poor real estate management, expansion into local neighborhoods, and the University's exemption from local taxation...
...Reagan fires up crowds on his planned weekly speaking schedule, perhaps he can regenerate the political clout created by his spectacular election victory last year. But Washington-wise politicians of each party agree that he has let that advantage dissipate over the past eight months. Rather than / committing a single, crippling blunder, the complacent President failed to point his Administration in new directions. Instead of revitalizing his capable team of advisers, Reagan let it break up, and then lost more time as Donald Regan settled in as the new chief of staff. The President stirred a storm of controversy...
...much smaller, New Jersey-based building products and chemical company, has already begun to go after Union Carbide. GAF has bought nearly 10% of Union Carbide's shares and is seeking regulatory approval to increase its stake to as much as 15%. While it may lack the financial clout to stage a successful takeover, GAF could force Union Carbide to hand over a treasured division, perhaps one of its specialty-chemicals businesses, as a payoff to end the hostile raid...