Word: firm
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Dates: during 1980-1989
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...dote on their son Jonathan, 4. "And there's maybe 30 minutes every day," says Ron, "when we don't discuss having another child. But where would the extra minutes come from?" Lynne runs the red-hot Manhattan Theater Club; Ron is a partner in a midsize law firm. They live in a home where the telephone cords stretch into every room, and the nanny starts work at 7:30 a.m. "You can imagine what getting out the door in the morning is like," says Ron. Are there regrets? He ponders, "Can we take the added pressure that a second...
...interesting reactions of families and individuals are more daring than simply "dropping out." In 1986 the advertising firm of D'Arcy Masius Benton & Bowles released a poll: If you could have your dream job, it asked, what would it be? The most popular choice among men was to own or manage their own company, followed by being a professional athlete, the head of a large corporation, a forest ranger and a test pilot. The favorite among women? To own and manage their own business, but in their case followed by tour guide, flight attendant, novelist and photographer...
...report last year on the money-laundering affair, Swiss Federal Prosecutor Dick Marty mentioned the Zurich currency-dealing firm Sharkarchi Trading. The company denies any involvement in money laundering. Shortly before publication of the prosecutor's report, Hans Kopp, a prominent Zurich lawyer and husband of Justice Minister Elisabeth Kopp, resigned his positions as a director and vice chairman of Sharkarchi. Mrs. Kopp later resigned after admitting that she had warned her husband of the impending scandal. A criminal probe will determine whether she violated official strictures of secrecy...
What's wrong in all this? In Japan distributing stock before a firm goes public is not illegal; in fact, many newly formed companies routinely ask banks and other firms to purchase a portion of their unlisted stock before the public sale to prevent market volatility once it is trading. But prosecutors in the Recruit case intend to prove that the offers in many cases constituted bribes in exchange for anticipated political and business favors. If the prosecutors find evidence of a political quid pro quo, recipients could be charged with accepting bribes...
...workstation marketplace. Now Sun is crowding Digital Equipment, a company 25 years its senior and more than six times its size. This year, as Sun approaches $2 billion in annual sales, even IBM can no longer ignore its rise. Says Robert Herwick, who follows the industry for the investment firm Hambrecht & Quist: "Clearly, Sun is the answer to a question...