Word: firm
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Dates: during 1980-1989
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...anatomy of the recent leveraged buyout of RJR Nabisco by the firm of Kohlberg, Kravis, Roberts--helped out by some $20-40 million from Harvard's endowment--sounds great on paper and is worth as much. Leveraged buyouts, in which huge companies are bought and sold and divided and merged solely for the purpose of raising the stock values, are running wild in America...
...still commands 70% of the $50 billion long-distance market, but has grown increasingly price conscious in its rivalry with MCI and Sprint. Even so, the lateness of the move has shaken some investors' confidence in Ma Bell. Says James Meyer, a telecommunications analyst with the Philadelphia investment firm Janney Montgomery Scott: "My question is, Is this it? Or will we have to go through this again...
...MOTHER Fryal, 41, betrays the strain of trying to run a home during a year of anguish. She still oversees her large household with a firm hand, although providing the daily necessities is no longer a simple task. She has drawn up a stringent budget that allocates her husband's paycheck entirely for groceries and the children's clothes and medicine. Amid shortages and strikes, the simple act of buying food has turned into a time-consuming, frustrating chore. Meat is rarely served at her table; even chicken or frozen fish appears no more than once a week...
...show's curator, John Elderfield, in his catalog essay -- as acute and satisfying a text as any critic in recent memory has written on drawing -- "it is because its importance is that of mortar between bricks, barely noticeable at times but what holds the structure together and keeps it firm...
Kenilworth-Parkside is a hub of activity. The grounds are clean and graffiti-free, and more than 100 residents work in businesses created by Gray's management corporation. These include the day-care center, a barber and beauty shop, a moving company and a construction-managemen t firm. Gray's plans are boundless: she has started negotiations with the Department of Transportation to establish a "reverse commute" system for driving residents in vans to unfilled jobs in nearby suburbs...