Word: midasized
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Picasso is not only the most famous artist in history, he is also the richest. "Currency is worth less in Picasso's hands than a sheet of blank paper," remarked the English artist and critic Michael Ayrton, "and this condition promotes the problems with which the legendary Midas had...
Midas of History. If the Kennedy Center is one kind of mausoleum, the Johnson Library is another. Whatever one may think of the Kennedy Center's design, the concerts and operas will immeasurably enrich Washington life. But the L.B.J. Library has only one function: pharaonic commemoration.
For an auto-parts company, Midas-International used to be a remarkable place to work. At its Chicago headquarters, Bach chamber music wafted from hidden loudspeakers, while Technicolor-plumed finches twittered in a giant cage. The boss, bumper-bald Gordon Sherman, 43, was in the office round the clock some...
Barrage from the Board. This unstructured management approach did not go over well with the company's founder and major stockholder, 72-year-old Nate Sherman, who is Gordon Sherman's father. Nate had started the firm in 1938, become known for dependable wholesale distribution in a generally...
Edifice Complex. As the battle neared a climax last week, the charges and countercharges flew fast. Gordon said that his father was dismantling the team that had led Midas to success. Since Gordon left the presidency, seven executives have been fired and another eight have resigned. Gordon argues that his...