Word: dunnings
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...Brian was an extremely bright guy who was really moving up," friend and K-School classmate Dun Cosgrove said this week. "He was truly loved by all his friends...
Companies are going into bankruptcy court and asking for protection from their creditors at the rate of about 500 every week. By the end of September, 18,572 companies had already filed for bankruptcy, more than in all of 1981. Wall Street's Dun & Bradstreet predicts that the number of corporate and commercial failures will approach 24,000 by the end of the year...
...Edward Noelke whumps out across his 18,000-acre ranch in his Bell bubble helicopter. "This mesquite," he shouts above the rotor clatter, "is a very competent adversary." Noelke can run his eye across the vast dun-brown landscape (gentle hills, a sweep of mesas off toward the horizon), and although the land is comparatively featureless to a stranger, Noelke can tell precisely what campaigns he waged in what year upon what stands of mesquite...
James H. Evans, 61. The son of a Kentucky Baptist preacher, Evans has been law clerk to former Supreme Court Chief Justice Fred M. Vinson, financial vice president of Dun & Bradstreet and president of New York's Seamen's Bank for Savings. As chairman of the Union Pacific Corp., he rules an empire encompassing the U.S.'s eighth largest railroad, oil and gas operations, uranium and coal mines and 1 million acres of real estate. Like Brophy, Evans argues that reducing the business tax burden is crucial to boosting America's sagging productivity. Says he: "People...
Many businessmen who cannot survive the high interest rates end up in bankruptcy. Dun & Bradstreet reports that there were 11,782 bankruptcies in 1980, in contrast with 7,757 in 1979. Small business is suffering especially hard. Last year, for example, 1,600 auto dealers had to close up shop because they were squeezed between high interest rates and low sales. Many people starting new companies are being forced to retrench. Don Middleberg, who is chairman of his own New York advertising and public relations firm, put off the purchase of a badly needed $16,000 word processor last month...