Word: donaldson
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...courtrooms are public places. So is the Oval Office, and George Bush need not admit Sam Donaldson whenever Sam wants an interview. Cambridge Rindge and Latin High School is a public place, and free press doesn't mean that Channel 5 can demand to broadcast geometry classes. News crews could claim, plausibly, that unwatched teachers gets away with sloppy teaching and that public interest requires press coverage. No government official will censor a story about poor math instruction in Massachusetts high schools. But nobody expects 15-year olds to concentrate on trapezoids while the cameras roll. And free press does...
...Donaldson broached the scarlet letter issue on the August 18 broadcast of "This Week With David Brinkley," but he let Clinton get away with a dodge. "I won't answer any general 'have you ever' questions," Clinton said. He got away with the same answer with Bryant Gumbel on the "Today" show last week. In The New York Times, political reporter Robin Toner has glossed over the allegations as "a rumor campaign" in Arkansas...
Beckel will do anything to attract viewers--especially young ones bored by the cynical, faux-academic caterwauling of a Sam Donaldson or a Pat Buchanan. He peppers the short news reviews in the show with pop music. One show dumped hard news to offer a segment on the new lost generation--the "twentysomethings...
...Boston and Morgan Stanley stand to rake in $10 million apiece for helping put together BankAmerica's $4.4 billion merger with Security Pacific. Rothschild Inc. earned $2.5 million in cash and bonds for representing creditors in the bankruptcy of Donald Trump's Taj Mahal casino in Atlantic City. And Donaldson, Lufkin & Jenrette received $2.5 million last month for co-managing a $200 million junk-bond issue for Dr Pepper. Little by little, deal by deal, Wall Street's investment bankers are rebuilding a business that all but collapsed with the waning of the '80s. A recent surge of deals ranging...
...exchange does not like what it is reading. The N.Y.S.E. charges that Wunsch wants to serve only transaction-heavy institutions, leaving the exchanges with lower-volume, higher-cost trades, mainly from individuals. Big Board chairman William Donaldson calls this "cherry picking." He also suggests that the Wunsch system may be riskier for investors, since it operates outside the exchange's many rules for data reporting and trader conduct. Donaldson wants Wunsch's system regulated as a conventional exchange, with trades conducted through broker-dealers...