Word: gulf
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Dates: during 1990-1999
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...president of Simon & Schuster, ear protection became a recommended piece of executive equipment. The intensity of Snyder's verbal assaults would surprise even him--but surprise did not stop him. Snyder met his match in the equally fearsome Martin Davis, who became CEO of Simon & Schuster's parent company, Gulf + Western. Meanwhile in the Bronx, Yankee owner George Steinbrenner was taking delight in firing people. He is so paradigmatic of impetuous power (throwing tantrums, bad-mouthing employees in the press, hiring a spy to dig up dirt on Dave Winfield) that he's simply called the Boss...
...built the conglomerates were vastly different from the reigning generation of bosses. They were classic outsiders--non-Eastern, non-American, non-Wasp and non-Ivy. Rebels such as James Ling, founder of Ling-Temco-Vought, Charles Bluhdorn of Gulf & Western Industries (satirized as Engulf & Devour) and Harold Geneen of International Telephone and Telegraph stormed America's corporate towers even as students and protesters were laying siege to the nation's ivory towers...
Austrian immigrant Bluhdorn took a run-down Michigan auto-parts distributor and built it into Gulf & Western Industries, a $2 billion marvel whose activities ranged from mining (New Jersey Zinc) to movies (Paramount Studios). By 1969, the former $15-a-week clerk was worth $50 million...
...still live in an era of buyouts. But diversification has largely given way to concentration. Gulf & Western was reduced to its media component, Paramount, and then taken out by another media company, Viacom. Geneen's successor at ITT was pressured by investors to break the company into pieces. By the time Geneen died last November, all that was left of ITT Corp. was a hotel company, which would disappear into a merger two months later...
From lending a helping hand to holding toga-theme study breaks, prefects have a noticeable presence on campus. Entering its thirteenth year, the Prefect Program has tried to ease first-years into life at Harvard while reducing the gulf between returning students and newcomers to the Yard. Administrators call the Prefect Program a link between College advising and the student experience...