Word: far-flung
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Meanwhile B.C.C.I.'s far-flung empire is imploding. According to investigators, as much as $10 billion is missing from the company's books. Sheik Zayed bin Sultan al-Nahayan, the ruler of Abu Dhabi, has pumped in $1 billion to keep the bank afloat since taking it over last year and has dismissed hundreds of the Pakistani bankers who ran B.C.C.I. in its heyday. Abu Dhabi, the Bank of England and the Federal Reserve are struggling to come up with a workable restructuring plan that will satisfy regulators amid continuing disclosures of illicit banking activity...
Detroit is hardly alone in its struggle. The coming shake-out could well include such Japanese weak sisters as Suzuki, Subaru, Isuzu and Daihatsu, which lack deep pockets and far-flung distribution networks. "The smaller Japanese makers are doing absolutely atrociously," says Ron de Vogel, sales manager for the San Francisco Auto Center, a hypermarket that offers 11 American, Japanese and European makes under one roof. Concurs analyst Keller: "We're going to have to stop talking about Japan Inc. and start talking about individual Japanese companies. Some are going to shrink and maybe give...
...past they've gone for far-flung reforms," kalkanis said. "This year we're tried to find a method that was workable within the constraints the administration gave...
...buyers are notoriously tough bargainers, so sales representatives prepare their pitches carefully. Wal-Mart has plenty of room to grow -- shoppers in 15 states, mostly in the Northeast, have yet to see one store. The chain got started in 1962 much the way Sears did decades earlier, by targeting far-flung small towns and underserved rural areas. Stocking everything from cosmetics and record albums to shirts and lawn furniture, Wal-Mart developed a loyal core of customers devoted to fast, friendly service and consistently low prices...
Commerce Secretary Robert Mosbacher is emerging as the most likely choice to chair Bush's re-election campaign in 1992. A proficient fund raiser, Mosbacher wants the job and ranks as a longtime Bush crony. But his talents run more toward glad-handing than mapping strategy or managing a far-flung staff. Those tasks will probably be left to Robert Teeter, a veteran of the 1988 campaign and public opinion expert. Chief of staff John Sununu also plans to exercise considerable control over the campaign. And hard-hitting political adman Roger Ailes, who has been coaching Bush...