Word: contrarians
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...stock, which fell from $9 a share a year ago to about 50 cents a share just before the bankruptcy, saw their investments vanish. The losers included CBS president Laurence Tisch and his brother Preston, who held some 500,000 shares they acquired last year as part of a contrarian strategy of investing in troubled banks in the hope of a rebound...
Reassurance that Tapie's deal is for real also came from American entrepreneur Peter Ueberroth, whose Contrarian Group last year assumed managerial control and part ownership of Adidas' U.S. operations. Ueberroth met Horst Dassler in 1979 and with his help and advice transformed the 1984 Olympic Games in Los Angeles into the first one ever to make a profit. Ueberroth has already staunched Adidas' U.S. losses, and in May he flew to Paris for a first meeting with Tapie. Ueberroth said last week he was "impressed with Tapie's global vision" and ability to give slipping companies new energy...
Many of the organizations are short of cash because donors think the crusades are over. The Conservative Digest folded this winter for want of patronage. A contrarian publication, Conservative Review, arrived in February with a lead piece condemning neoconservatives for their opposition to protectionism. Heresy survives among the right-wing factions...
...smart diction and the wry-not enthusiasms of a man who happily spent his formative years as a successful public relations flack in New York City. Where other conservative columnists like George Will and William F. Buckley can be precious and predictable, Safire prides himself on his reporting and contrarian thinking. "A column should not be a chore, not a chin puller, not a dreary thing," Safire says, trying to summarize his approach. "You don't have to be solemn to be serious." Then with a sense of satisfaction at the epigrammatic elegance of that last sentence, he adds...
...says a good newspaper column has to be dull? Not this provocative punster and old Nixonian whose contrarian views and nose for news enliven the New York Times...