Word: heir
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Dates: during 1980-1989
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Princip's 1914 assassination of Archduke Franz Ferdinand, heir to the Austro-Hungarian empire, put Europe on the way to World War I, but Sarajevo has been a crossroads of violence for centuries. The Romans conquered the site in the 1st century A.D., the Slavs invaded in the 6th and the Turks in the 15th...
...head of a company that is going public, an initial stock offering is like a 21st birthday, the arrival of an heir or a bar mitzvah. It is a period of intense activity and emotional strain that transforms a firm from a little-known private business into one that must operate under the merciless scrutiny of lawyers, analysts, competitors and investors. Sometimes the pressure is so great that the smooth running of the firm suffers. Says California Venture Capitalist Thomas Davis: "Baseball players have to perform when people boo and shout. Companies have got to learn to live with...
...When the heir urged Getty Oil Chairman Sidney Petersen, 53, and the company's directors to reconsider corporate strategy, he ran into resentment and resistance. "I was surprised at the antics of management," says Los Angeles Oil Analyst Craig Schwerdt. "It didn't seem possible for them to buck the wishes of Gordon Getty and get away with...
...realm, one of McGee's personal favorites who was eventually rewarded with the title of Majority Leader. Whenever McGee had a tough floor fight on his hands, he let Keverian do the dirty work, and the quick-witted popular legislator came through time after time. Looking ahead as heir apparent, Keverian says he made an unwritten agreement with McGee back in 1982: the longtime Speaker would retire from polities the following year and thereby give his protege the chance to succeed him. After all, Keverian reasoned, eight years was long enough for even the best of Speakers...
...timidities of the newly dominant right and left. That is perhaps why it commands so large a following among intellectuals, even it it has lost ground among politicians. And lost ground it has. In the end, Jackson stood virtually alone. With his death and the abdication of his heir apparent, Senator Daniel Patrick Moynihan, who has quietly moved to the orthodox liberal fold, the center is now weaker than ever...