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...California Public Employees' Retirement System, known as Calpers, the nation's largest public pension fund, sent letters to 12 corporations, including American Express, ITT and Dial (formerly Greyhound). One by one, senior executives from each company paid a visit to Calpers' Sacramento headquarters to negotiate with its chief, Dale Hanson. American Express boss James Robinson, for instance, immediately bowed to Calpers' demands that the company set up an independent compensation committee. Only Dial has so far refused to meet with Calpers...

Author: /time Magazine | Title: Executive Pay | 5/4/1992 | See Source »

...film opens in Dallas, where Ruby (Danny Aiello) runs the Carousel Club, a burlesque bar. In need of a dancer, Ruby visits his usual haunt, the Greyhound depot diner, where he meets stripper-to-be Sheryl Ann Dujean (a blonde Sherilyn Fenn...

Author: By Danielle Phillips, | Title: The Danny Aiello Conspiracy | 4/9/1992 | See Source »

...just another Saturday night at the Coeur d'Alene Greyhound Park in Post Falls, Idaho. The dogs had returned to their kennels. The boisterous stands had nearly emptied. Custodian Lou Tonani was making his usual rounds when he happened upon an old man in a wheelchair, a bag of diapers dangling by his side. He wore a brand-new sweatsuit, blue bedroom slippers and a baseball cap emblazoned with the words PROUD TO BE AMERICAN. Twin typewritten notes, carefully taped to opposite sides of the wheelchair, identified him as "John King," a retired farmer suffering from Alzheimer's disease...

Author: /time Magazine | Title: Families When Love Is Exhausted | 4/6/1992 | See Source »

Penn, however, began the game playing like it had spent the night cramped on a Greyhound bus, not on the field on which it has a 23-6-3 all-time mark...

Author: By Joanne Nelson, | Title: Stickwomen Top Penn, 4-1, Remain Unbeaten in Ivies | 10/7/1991 | See Source »

...Greyhound became one of the latest casualties of debt last week when the strike-bound bus line entered bankruptcy proceedings. Although a violent, three-month walkout by 6,300 drivers was the immediate cause of trouble, Greyhound remains burdened by $430 million it borrowed in 1987 when it went private in a leveraged buyout and acquired the Trailways bus line. After the buyout, Greyhound cut wages to restore profits and found itself on a collision course with drivers, who struck last March. Greyhound has since hired more than 3,000 nonunion drivers and says its ridership has reached...

Author: /time Magazine | Title: Forgive Us Our Debts, Please! | 6/18/1990 | See Source »

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