Word: forstered
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Dates: during 1980-1989
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Colman, on the other hand, intends to hand-pick his replacement. He named as co-candidates Timothy H. Forster '84 and Andrew A. Bernstein '84 Both are qualified by prior experience, having assisted Colman with the large brass instrument. Neither was available for comment yesterday...
Wall Street followers of the company are still puzzling over Xerox's offer last month to pay some $1.6 billion in cash and stock for Crum & Forster, the 18th largest U.S. property and casualty insurer. High-tech Xerox in the insurance business? To many analysts, it seemed anomalous, a radical and inappropriate diversification of resources...
David T. Kearns, 52, who in May succeeded C. Peter McColough, 60, as Xerox's chief executive, says, "We are not walking away from our core business." He defends the Crum & Forster deal by saying that it could eventually produce a lot of cash, which Xerox needs to support its vigorous research efforts in copiers, duplicators, electronic typewriters and other office gadgetry. Buying the firm was not Xerox's first attempt to diversify into financial services. In 1968 the company made, then dropped, a bid for C.I.T. Financial Corp. But Xerox's acquisition record has been unspectacular...
Staff Writer Jim Kelly wrote the other main cover story, on the growing awareness and concern among Americans about the threat of nuclear holocaust. He was assisted by Reporter-Researcher Eileen Chiu, while Brigid O'Hara-Forster and JoAnn Lum worked with Talbott. Presiding over the entire package was National Editor John T. Elson, who was struck by the antinuclear movement's broad base. "The early opposition to the Viet Nam War," he says, "was by political radicals, and only later became a popular movement. Today's antinuclear leaders include Roman Catholic archbishops and Harvard law professors...
Questions of property are hard fought, but quarrels over who keeps the children can be even rougher. A solution that has been gaining acceptance is joint custody, now available in some 20 states. Perhaps the ultimate in sharing was put together last month by Circuit Judge Charles Forster in Traverse City, Mich. Cheryl and Allan Church may go their separate ways, he said, but their three teen-age boys in a sense will get custody of the house. Under the plan, the ex-mates will move in and out each month. For the Churches, at least, the arrangement is perfect...