Word: cunninghams
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...last year's sorry Bendix/Martin Marietta/Allied/United Technologies battle a product of bored, amoral, frustrated, intellectually sterile managers? Will William Agee and Mary Cunningham ever find true happiness? Is the Harvard Business School encouraging its graduates to sacrifice real growth for mere asset management? The answers to the above are yes, perhaps and possibly. At least, so say two new post-mortems on the Bendix saga, Three Plus One Equals Billions, by Allan Sloan (Arbor House; $15.95), and Till Death Do Us Part, by Hope Lampert (Harcourt Brace Jovanovich...
...writer for the Time Inc. monthly magazine MONEY, and Lampert, a reporter for Newsweek, are writing about. Beginning last August, Bill Agee, the $900,000-a-year chairman of Bendix, tried to take over Martin Marietta. At his side as a powerful consultant was his new wife Mary Cunningham. At the time, Cunningham was not employed by Bendix, but two years earlier, as Agee's protégé, she had briefly served as vice president for strategic planning at Bendix. Agee grossly underestimated Martin Marietta's defenses. The company retaliated in Pac-Man fashion by gobbling...
...affair gave Cunningham, Agee, investment bankers and just about everyone else who touched it a bad name. But Sloan contends the real blame lies with the values taught at the Harvard Business School, which awarded M.B.A.s to both Agee (1963) and Cunningham (1979). Sloan writes that the graduate school "does not teach how to build and operate a better mouse trap. It teaches how to outsmart, to beat out the other...
...right-to-life movement, the rulings were a dispiriting defeat. "Now the court is virtually promoting abortion," said Paige Cunningham of the Americans United for Life Legal Defense Fund. President Reagan, whose Administration had argued before the Supreme Court on behalf of the abortion restrictions, expressed his "profound disappointment." The President supports a pro-life bill sponsored by North Carolina Senator Jesse Helms and a constitutional amendment to ban abortion sponsored by Republican Senator Orrin Hatch of Utah and Democrat Thomas Eagleton of Missouri. Both measures are expected to be debated by the Senate this month...
...death of Balanchine in April underscored the present scarcity of talented choreographers, a problem that every large company must deal with. Baryshnikov tries to be philosophical. "One has lived with this a long time," he observes. "If one looks around the country, there are very few names-Merce Cunningham, Paul Taylor, Jerry Robbins, Twyla Tharp, Eliot Feld. It must have been wonderful to be here in the '40s when Balanchine, Antony Tudor and Agnes de Mille were making ballets for A.B.T. I wish I could choreograph like Balanchine, but I can't, so I am patient...