Word: gutting
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...book Mean Business, Dunlap called his pay a bargain for Scott, whose total market value rocketed from $2.9 billion to $9.4 billion on his watch. Others say he did little more than gut the company and dress it up for sale. But for the most part his critics aren't shareholders, the constituency he most wants to serve. Now he's on for an encore at Sunbeam, where earnings are in a two-year slide. Sunbeam's stock was tracing the earnings decline until Dunlap signed on. That day alone, Sunbeam shares jumped 50%. "It'll be a vintage Dunlap...
...that the President had violated his 1992 pledge to "end welfare as we know it." But at the climactic meeting in the White House, Vice President Gore observed that the political arguments cut both ways and were too difficult to gauge, so Clinton should "go with your gut." The clinching argument seems to have been that a badly broken welfare system had to be fixed and that the chance to do so might not come again, so the best course was to sign what everyone considered to be a seriously flawed bill and then try after re-election to remedy...
QUOTE OF NOTE: "I believe that Newt Gingrich's agenda is negative and is viewed negatively by a majority of people in the district. My gut tells me that. People are concerned that Gingrich was attempting...
QUOTE OF NOTE: "I will not vote to gut the hard-won environment gains of the past two years. I will not vote to gut Medicare, Medicaid and Social Security...
QUOTE OF NOTE: "I just can't tolerate the extreme attempts by some to gut the Endangered Species Act and thereby sacrifice the survival of hundreds of species...