Word: laid
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Dates: during 1980-1989
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...What about the employees? You say that at least 800 will have to be laid off? Isn't an LBO very hard on employees...
...letter that the Freemasons had paraded from Georgetown to the site, placed a plaque between two stones, then returned to "Mr. Suter's Fountain Inn, where an elegant dinner was provided," followed by 16 toasts. The celebrators understandably forgot to record where the cornerstone and plaque were laid...
...hands as though it were an Oscar and tells him to "thank the Academy." As Martin feigns death, Williams hovers over him, murmuring the pet name "Didi, Didi," then segues into the theme from The Twilight Zone. Martin is never so outrageous, but his familiar cool-guy strut and laid-back vocalisms keep him from inhabiting his character. Irwin is grayly competent as Lucky. The only really satisfying performance is Abraham's. Hugely self-satisfied in the first act, blind and pathetic in the second, he steals the show by simply acting his role while the stars are embellishing theirs...
...talks between Europe's two pre-eminent powers. Gorbachev's impoverished military superpower is keen to profit from Western investment and trade. And West Germany has joined the stampede to turn perestroika to its own economic and political advantage. By the time Kohl departed, both leaders hoped they had laid the basis for a new model of relations between Western Europe and the Soviet Union...
...what is good for shareholders and investment bankers is not necessarily good for the country. Certainly the thousands of workers who have been laid off as a result of KKR's deals see little virtue in leveraged buyouts. Top executives go along with or even instigate buyouts because as major shareholders they stand to profit. The resulting companies may be leaner, but often they are also weaker, with little money to invest in expansion or innovation. Says Michel David-Weill, the French senior managing partner of the Lazard Freres investment firm: "The wave of leveraged buyouts is weakening the competitiveness...