Word: feuded
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...roots of the feud between Houtkin and the dealers go back to 1975, when Congress first nudged regulators to have marketmakers install computerized order systems to make stock trading more efficient. Congress said the firms should be encouraged to do so even if it meant that orders could be "executed without the participation of a dealer." The securities group unveiled its small-order system with great fanfare a decade later. But it was not until many marketmakers failed to honor their quoted prices in the Crash of 1987 that the group ordered all members to use the automated system...
...source said there is no reason to suspect a forced resignation. "It's hard to believe, there's any power struggle," said the source. "He's the boss--there's no one to feud with...
...move that has whipped up an uncharacteristically public feud in Hollywood, Ovitz has gone one, possibly crucial step further: he has been retained by Credit Lyonnais, the French bank that took over MGM/United Artists in a foreclosure last year, to straighten out its bad-news, $3.4 billion movie-loan portfolio (last month the bank wrote off a third of those loans), to find new investments and, Ovitz hopes, to sell the studio. In the view of Jeff Berg, who runs rival International Creative Management, Ovitz's arrangement makes him crypto-chairman of MGM, which represents an untenable -- and perhaps illegal...
...RUSSIA STRUGGLES TO HOLD TOGETHER, ITS SPACE PROGRAM is falling apart. At the BAIKONUR COSMODROME in Kazakhstan -- the Russian equivalent of the Kennedy Space Center -- civilian workers have been looting equipment, crippling the facility's launch pad in the process. The Russian space program is also involved in a feud with the new Ukrainian state, which has its own space program. A Russian meteorological satellite was turned off in orbit, so Ukraine couldn't recover weather data from it. Some of the stolen Baikonur equipment has mysteriously resurfaced in Ukraine. Understandably, the disarray of Russia's once great space program...
...locked in a power struggle with George Roden, who then headed the sect with his mother Lois. It ended with Howell being driven from the sect at gunpoint. He briefly established his own desolate congregation, living with them in tents and packing crates in nearby Palestine, Texas. But the feud between the two men reached another flashpoint soon after, when Roden disinterred the corpse of a female church member with the intention of bringing her back to life. Contending that Roden had violated the woman's body, Howell and a number of followers returned to the Waco compound to shoot...