Word: mclin
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...couldn't do anything," said Nkenge A. McLin '93, "Every time I tried to take a nap, I could hear kids...
...predecessor, A.W. Clausen, who now heads the World Bank. Like other big banks, BankAmerica made risky loans to developing countries and to real estate and shipping firms. But it also became the world's largest commercial lender to farmers, who are now under severe financial pressure. Concedes Stephen McLin, a BankAmerica senior vice president: "Our credit standards were not the greatest." The bank wrote off $1.6 billion worth of loans last year. Other low-grade credits are still on the books, forcing the bank to set aside an additional $591 million as a loan- loss reserve...
Since the '60s kids still hold relatively junior jobs, their influence remains limited. But just wait a while. Says Stephen McLin, 31, planning vice president for the Bank America Corp.: "The people from my generation are not driving the ship yet, but we can shape a little of what goes on. In a few years, we will take the helm...
...number of American corporations are feeling the presence of | executives in their thirties who, having been schooled in '60s virtues, want more openness and disclosure in business, more debate before making decisions, more flexibility in personal and professional styles. Says Stephen McLin, 30, a vice president for the Bank of America (an outfit some incendiary radicals kept trying to burn down about seven years ago): "The impact of this generation will be felt. But the time isn't now. It's coming in about four or five years...
Texas followed Florida's example, and McLin is keeping close tabs on the calendars of all state legislative sessions in hopes that his A.B.A. colleagues will be able to collar sympathetic legislators on behalf of the wives. With remedial legislation and first-rate legal assistance, at least one problem of the families will have been eliminated...