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...earned a reputation for shrewdness after creating what is now Shearson Lehman Brothers and selling it to American Express in 1981, appears to be bottom fishing. Primerica's stake -- at $19 a share -- is valued at about half Travelers' book value. Weill, who is also known as a cost cutter, will take an active role in Travelers' management. Primerica, which already generates 35% of its operating income from its own insurance business, will get four seats on Travelers' 16-member board. Weill will serve as co-chairman of the management committee. While the deal is expected to help nurse Travelers...

Author: /time Magazine | Title: Survival Insurance | 10/5/1992 | See Source »

...billion-a-year company has often been the target of those who disparage everything from its entry-level wage structure to the aesthetic blight of its cookie-cutter proliferation. But the Los Angeles experience was vindication of enlightened social policies begun more than three decades ago. The late Ray Kroc, a crusty but imaginative salesman who forged the chain in 1955, insisted that both franchise buyers and company executives get involved in community affairs. "If you are going to take money out of a community, give something back," Kroc enjoined. "It's only good business...

Author: /time Magazine | Title: America's Hamburger Helper | 6/29/1992 | See Source »

...poisoned fruits of their efforts are huge monuments to concrete that currently desecrate skylines in St. Louis, Pittsburgh, Philadelphia and Cincinnati. The cheap Astroturf and symmetrical, cookie-cutter dimensions of these fields hurt both sports...

Author: By Joe Mathews, | Title: Manufacturing My Game | 4/7/1992 | See Source »

...steered clear of gangs. Acquaintances of his were hurt in gang fights, and one was killed in an alley near his house, but the closest Singleton ever came to committing a violent act was in seventh grade, when a bully tried to take his money. He took a box cutter to school and threatened to cut the boy's throat if the harassment didn't stop. "He never tried to ask for money again," Singleton says proudly...

Author: /time Magazine | Title: Not Just One of The Boyz: JOHN SINGLETON | 3/23/1992 | See Source »

Director Rowdy Herrington attempts to make a statement about poverty and inner strength, but he ultimately delivers a story formed by a cookie-cutter: boy meets girl; boy fights for girl; boy fights for higher morals as well as girl, but, alas, foul play abounds. Most any grade school student could have authored this or at least-accurately predicted the entire film from its first scene...

Author: By Marc D. Zelanko, | Title: Nothing but a Rocky Wanna-be | 3/5/1992 | See Source »

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