Word: elders
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Sergei Khrushchev, one of seven new fellows at the Kennedy School of Government's IOP, is the son of Nikita Khrushchev, the Soviet premier who faced off against Kennedy during the missile crisis. The second Soviet fellow--Melor Sturua--wrote speeches for the elder Khrushchev while working for the Soviet newspaper Izvestia...
...power struggle began four years ago when patriarch L.S. Shoen began turning the U-Haul dynasty over to his 12 children. Since then, son Sam has become embroiled in an interfamily management dispute that reached the level of fisticuffs at a 1989 meeting. The elder Shoen is now attempting to regain control of the company and bring the feud...
...elder Kim has kept his nation ignorant of the tumultuous events shaking the rest of the communist world. The only "news" allowed in North Korea is local propaganda. As a result, North Korea is not a place where the citizens are clamoring for democracy...
...posted an operating loss of $242 million last year, and its stock has collapsed to $3 a share, from $19 in 1989. To shed ballast, HBJ sold its Sea World theme parks last year for $1.1 billion. But the company needs to sell even more assets, and the elder Jovanovich did not have the heart to tear apart the house he had built and ruled single-handedly since the 1950s...
...elder Jovanovich is renowned for his strong advocacy of intellectual liberty, but he ran HBJ in a Kremlin-like fashion, refusing to talk to most reporters or Wall Street analysts. Son Peter promises more glasnost. His first task is to remake the company's board, which overflows with yes-man academics handpicked by his father. "Academicians are not accustomed to dealing with billion-dollar junk-bond problems," says Charles Elbaum, an industry consultant. Observes a current HBJ director: "Trying to get these people to focus on financial issues is difficult." Even Jovanovich seemed to sense 30 years ago that...