Word: finleyism
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...will not play again for the Crimson. Since June 5, Stenhouse has had a strange odyssey through the world of professional baseball. His guide on that journey: Charles O. Finley, owner of the Oakland...
...March 1978 when labor unions, backed by the ACTWU, threatened to withdraw more than $1 billion in pension funds from Man Hanny unless it dumped two of its directors that were also on the Stevens board. Four months later the bank accepted the resignation of Stevens Chairmen James D. Finley and David W. Mitchell. About his resignation Finley said wryly, "You don't stay where you're not wanted." A few weeks later, Mitchell, chairman of Avon products, resigned from the Stevens board in response to letters from union sympathizers threatening a boycott of Avon products. Mitchell explained that...
Last September the ACTWU once again exploited the proxy power of policy holders by contesting the reelection of Ralph Manning Brown Jr., chairman of New York Life, and Finley, a director of New York Life. To save New York Life the multi-million dollar cost of holding directorship elections--and to ensure that two union-backed candidates were not elected to the board--both Finley and Brown resigned from the other's corporate board...
...firm and a president of a small southern college. Rogers claims the appointments are a sign of the success of the corporate campaign. Corporate leaders are increasingly reluctant to be associated with Stevens, he asserts. In fact, Rogers says the major reason Man Hanny accepted the resignations of Finley and Mitchell was not because it feared the loss of over $1 billion in labor pension funds, but rather because it feared its reputation would be tarnished if it were publicly linked with J.P. Stevens. Banks are especially vulnerable to the corporate campaign, Rogers says, because their success depends on their...
...Conway, who doubles as chairman and president of Seaman's Bank. Next on the campaign's hit list is Sidney Weinberg Jr., a partner of Goldman, Sachs, the investment banking firm. When and if he is forced off the Stevens board, the campaign will once again attempt to drive Finley off the boards of Sperry Rand and Borden...