Word: loyall
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With a huge and loyal constituency, Jackson should be able to wield influence in this fall's election. But it seems ever more likely that the Jackson campaign of 1988 will go the way of the Jackson campaign of 1984--ceasing to matter after the convention. Unless he chooses to make a dramatic turn either in favor of or antagonistic to the party's all-but-certain nominee, Michael S. Dukakis, Jackson will be of no more significance in the fall election than the other five dwarves who failed to capture the nomination...
Tommy Griscom, 38, Baker's loyal aide, came in for his share. "Tommy, did somebody press the down button on your elevator shoes?" He was another Tennessee boy who could roll with it, even at 5 ft. 6 in., and with quick wit he traveled through the Washington jungle unscathed. "You know," whispered a former White House staffer last week, "we sometimes joked that Tommy was the most powerful man in the country. He had a President who was disengaged. Baker was not an administrator. Tommy paid attention to the details...
...would not urge anyone to subject their families to what I've had to do. If you stand up and insist on not going along with wrongdoing, you're going to have people try to crush you." Recalls Williams: "Ashland Oil had been my life. I felt fiercely loyal to the company, but I felt betrayed." Both men believe they were blacklisted by the petroleum industry after they left Ashland. The executives can hope, though, that their victory may bring about some change in corporate ethics. Says Thomas Dunfee, a professor of social responsibility at the University of Pennsylvania...
...power struggle broke into the open when Manigat rescinded an order by Namphy to transfer and retire several top-ranking officers loyal to the government. After Namphy defied the repeal, Manigat moved against him, but the President may have to pull a few more strings before he can prove that he is in full control...
...Federal Home Loan Bank Board, which regulates savings and loans, tries to avoid cash bailouts, preferring to merge insolvent institutions with healthier ones. But the two California thrifts were poor prospects for such a rescue because they lacked loyal, small depositors. Instead, the two institutions attracted funds from money managers who demand higher-than- average interest rates...