Word: grandly
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Dates: during 1980-1989
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...have been subpoenaed by the SEC, an action that does not imply guilt of any kind. Even so, Milken has reportedly hired three of the country's top criminal lawyers, Edward Bennet Williams, Arthur Liman and Martin Flumenbaum, to represent him before the SEC and in a parallel federal grand jury investigation. In December, Drexel Burnham Chief Executive Frederick Joseph publicly admitted that for a time, when Milken lined up potential buyers for takeover junk bonds, the investment bank would supply these would-be customers with a sealed envelope containing the name of the target corporation. Joseph said the letters...
...Tower commission, originally appointed by Reagan to recommend changes in the structure and operations of the NSC, has turned into a kind of runaway grand jury conducting a far-reaching investigation of the whole Iran arms- contra funds scandal. It is the only investigative body that has questioned the President, who last week met with its three members for the second time, in a 70-minute session. The White House is bracing itself for what Spokesman Marlin Fitzwater predicted will be a "critical and tough" report. Among other things, the commission is believed to have found deep CIA involvement...
...vets Jeremy Geidt (as the Machiavellian party animal Dr. Atmos) and Thomas Derrah (metamorphosed by terrific make-up into the knife wielding Latin chucklehead Boupacha) turn in some outstanding acting in the Grand Old Style. This is particularly impressive considering that they are spouting dialogue that sounds like it was written by Nietzsche and Bernard Shaw after a tankard of Johnnie Walker, a few lines of coke, and several stale pizzas were consumed between them...
...their passage. The removal of the drapery has revealed the full sweep of the proscenium arch, giving the hall a more vivid visual configuration, but it also reinforces psychologically the impression of acoustical brilliance. Although the cramped old lobby has been transformed into a gracious entrance flanked by twin grand staircases, entering and leaving the hall is more than ever a contact sport...
Like dieters, corporations always launch into restructuring programs with grand hopes. But the speediness of the results ranges widely, as illustrated by two giant Midwestern companies that have gone through drastic reorganizations. While a streamlining program enabled Control Data, the computer maker, to bounce back from near bankruptcy faster than almost anyone expected, a similar process at Firestone Tire & Rubber has proved frustratingly slow in restoring the company's vigor. Their stories...