Word: levins
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Richard C. Levin, dean of Yale's Graduate School of Arts and Sciences, was named the 22nd president of Yale University yesterday, following a 10-month search...
...Levin, the Beinecke professor of economics at Yale, will take office as president on July 1 and will be officially inaugurated at a traditional ceremony in mid-September. Levin will succeed Acting President Howard R. Lamar who temporarily ran the university after Benno C. Schmidt Jr. abruptly resigned last June...
EVER SINCE SIX FLAGS BEGAN RUNNING TV COMMERcials last year touting its theme parks over Disneyland, Disney chairman Michael Eisner has been steaming. He complained to Gerald Levin, chairman of Time Warner, which owns 50% of Six Flags. When the commercials kept running, Eisner pulled Disney's planned advertising (worth about $6 million) out of Time Inc. magazines. Six Flags refused to back down. A subsequent ad portrayed two dogs: a happy pup whose family had gone off for the day to visit Bugs Bunny at the local Six Flags park, and a lonely pooch whose owners had left town...
...being attacked from all quarters, including Congress, where two bills now propose similar changes. One, a bill sponsored by Minnesota Representative Martin Sabo, seeks to end tax breaks for corporations that pay CEOs more than 25 times what the lowest-paid employee earns. And in January, Michigan Senator Carl Levin reintroduced legislation that would force companies to account for the payment of stock options on their profit statements...
Congress is also divided on the issue. Although Senator Levin strongly backs the proposal, his Michigan colleague, Donald Riegle, opposes it. In his letter to FASB, Riegle, the chairman of the Banking Committee, wrote that the plan "could undermine the competitiveness of American industry without any corresponding benefit to the users of corporate financial statements...