Word: job
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Dates: during 1980-1989
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...atomic-fuel-processing plant outside Piketon, Ohio, over the past 30 years. The much needed cleanup will not begin immediately: the final wording of the agreement is still being hammered out in a federal-court consent decree that must be approved by a judge, and the $50 million detoxification job is expected to take from two to five years. Nevertheless, Ohio officials were especially pleased that the Reagan Administration has agreed to abide by Ohio environmental regulations, some of which are more stringent than federal rules. Said Governor Richard Celeste: "It could become a model for other tough cases that...
...speech on global trade -- the President called the accord "an example of cooperation at its best" -- Turner described Reagan's words as a "major breach of courtesy between the two nations" and castigated Mulroney for getting "his good friend at head office, Ronald Reagan, to help him do a job he can't complete himself." Again and again, Turner hammered at his main theme: "Mr. Mulroney wants to turn us into the 51st state...
...Nabisco, the benefits of LBOs were hardly lost on Johnson. Born in Winnipeg, Man., he had parlayed a keen eye for a deal and the nerves of a gunslinger into the top job at three major corporations. He was president of Standard Brands, the producer of Planters nuts and Baby Ruth candy bars, when it merged with Nabisco in 1981. Four years later, as Nabisco's president, Johnson sold out to RJR Reynolds for $4.9 billion and soon became president of the merged company. After adding the title of chief executive officer in 1987, he swiftly moved RJR Nabisco headquarters...
...Standard Oil of Indiana: "There is a limit to what managers ought to be paid for managing other people's money." Adds a top executive involved in a current takeover: "The yardstick for compensation has just gotten twelve inches longer. The chief executive who's doing a first-class job running a major U.S. corporation for $890,000 a year is going to start thinking he's some kind of a fool...
Koepp has applied his inquisitive mind to the news since he graduated from the University of Wisconsin-Eau Claire and took a job as a reporter at the Waukesha (Wis.) Freeman (circ. 23,000). In 1980 he wrote an award-winning series that revealed how a small-town mayor was determined to spend $6 million of taxpayers' money to dredge a local lake, in part so his friends could use it for water-skiing. Koepp moved to TIME in 1981, and in five years as a writer he probed such topics as the declining quality of American service, national gridlock...