Word: maneuverable
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Dates: during 1990-1999
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But companies do not have to file for Chapter 11 to lure the new vultures. "There are many shades of failure," says Sanford Sigoloff, a turnaround specialist who runs the bankrupt U.S. operations of Australia-based Hooker Corp., which owns the B. Altman and Bonwit Teller department-store chains. Such...
Justifying harsh treatment of Palestinians through Jewish theology has a few problems, the least of which is that it lacks finesse as a public relations maneuver. Telling people that Judaism sanctions oppression is not the way to defeat anti-Semitism, nor is it the way to bolster Congressional support for...
While the huge fine sapped Drexel's strength, the killing stroke was the severe slump in the $200 billion junk-bond market. Several factors -- a rising default rate, a slowing economy and a new federal law requiring S&Ls to dispose of their junk bonds -- conspired to send the prices...
James Baker's visit to Moscow this week is a throwback to those bygone days when strategic nuclear-arms control was the main event in U.S.-Soviet relations. Unfortunately, the Secretary of State has less room to maneuver than he needs to make the most of the mission.
The timing of the announcement was odd, considering that Mikhail Gorbachev is in the midst of numerous crises, including growing separatism in Lithuania and untamed ethnic violence in Azerbaijan. But cloak-and-dagger experts in the West believe Moscow may have publicized the spy's downfall to warn foreign espionage...