Word: coulds
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Dates: during 1980-1989
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...that transformed their small agency in London's Soho district into an international behemoth: hard-nosed financial know-how. The Iraqi-born brothers convinced London investors a decade ago that the ad business was an intriguing play. The logic of global corporate expansion, they argued, demanded an agency that could provide one-stop shopping for multinational firms interested in advertising and marketing services that stretched from Asia to North America to Europe. Such an agency could help companies build worldwide markets for their brands and could reap extra profits from efficiencies of scale...
...Saatchi & Saatchi wandered afield, its management seemed to become increasingly inept. The company's debt swelled to $250 million while costs mounted unchecked. At the consulting firms, key managers, skeptical about whether their operations could thrive in the Saatchi confederacy, began to quit...
...firm's $360 million consulting investment. Calling the move "ham-handed," Alan Gottesman, an advertising analyst at the Paine Webber brokerage firm, noted that Maurice "managed to depress morale and performance in the consulting arm at the same time that he was letting potential buyers know they could pick up the firms at a discount." Fearing a messy auction, clients began to switch to other consulting agencies. So far, only three of the smaller agencies have been sold, for a total of $38 million...
There have probably been moments, like the one last week, when Gorbachev had second thoughts about the telephone call he made to the city of Gorky in 1986, informing Sakharov and his wife Elena Bonner that they could return to Moscow after seven years of political exile. Like the prophets of biblical times who appeared before kings at the most inconvenient times with uncomfortable truths, the distinguished nuclear physicist and Nobel Peace Prize winner was always insisting that Soviet citizens deserved better, much better, than what the Soviet system had to offer. But last week's brisk exchange was destined...
When grumbling could be heard at the suggestion that Monday's session be cut short to allow Deputies to attend the funeral, Gorbachev intervened, noting that "we ought to pay our respects to Andrei Dimitreyevich." Approached by reporters, Gorbachev delivered a eulogy of his own, hinting at his genuine feelings for the man who had so often challenged him to move further and faster toward overhauling their struggling country. "It is a great loss," he said. "You could agree or not agree with him, but you knew he was a man of conviction and sincerity. He was not a political...