Word: investors
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Dates: during 1980-1989
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While plotting the network's defense, CBS Chairman Thomas Wyman began looking for help and turned to Tisch, a shrewd investor with close ties to executives at both CBS and ABC. Recalls Tisch, whose Fifth Avenue office is around the corner from Black Rock, as CBS's Manhattan headquarters is called: "Tom came up to see me about some of his problems with Turner and Helms." A Loews takeover of CBS was not specifically discussed, but the two men reached a tacit understanding. Says Tisch: "CBS knew that if it needed somebody, Loews would be glad to discuss a deal...
...opposite danger: the devaluation drive could fizzle out. The maximum amounts of dollars that the five governments could sell would be insufficient to move the markets much in the long run unless they were supplemented by heavy sales on the part of money traders acting for private-investor clients. And traders are unlikely to make those sales unless they can be convinced that the five governments will back their dollar sales with fundamental changes in economic policy: measures by the European countries and Japan to speed up the growth of their economies and, even more important, a greater...
Divestment is not at issue here. But it is important to recognize that it is indeed possible to fight racial segregation morally and reasonably even without resting complete confidence in the transfer of stock holdings from one American investor to another. There are, suprisingly enough, ways for moral institutions to contribute to the fight against apartheid other than by slapping the wrists of American corporations...
...Corporation Committee on Shareholder Responsibility will issue a progress report and reply to several recommendations from the Advisory Committee on Shareholder Responsibility will issue a progress report and reply to several recommendations from the Advisory Committee on Shareholder Responsibility suggesting further steps for Harvard to take as a responsible investor. In advance of this statement, I would like to provide a more comprehensive account of an appropriate, positive response by this University to the vexing problems of South Africa. The paragraphs that follow set forth actions that Harvard can carry out, as well as steps that individuals can take...
...federal jury awarded MCI just $37.8 million in its decade-old suit against AT&T. MCI had asked for nearly $6 billion in damages, accusing the telephone giant of unfair marketing practices. Said MCI Chairman William G. McGowan last week: "We were looking for a major investor. The best of all worlds is one with a name like IBM and a lot of money. We got both...