Word: milliken
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Dates: during 1970-1979
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...three days at the end of August, Boston's convention hotel was the home of the National Governor's Association Convention, an event which starred such luminaries as Gov. Michael S. Dukakis, Gov. William G. Milliken of Michigan, Gov. Meldrim Thomson of New Hampshire and Seabrook fame, Sen. Edward M. Kennedy (D-Mass.), nuclear reactors, health insurance, anonymous men and women dressed to kill, and above all, the star of stars--Proposition...
...from President Carter, who called ERA "a bedrock" of opportunity for women and minorities. It was also reported that during an hour-long phone call, Betty Ford had persuaded a member of the House Judiciary Committee, Republican Harold Sawyer of Michigan, not to block the bill. Led by Helen Milliken, wife of Michigan's Governor, a group of ERA supporters later met with Sawyer to congratulate him on his decision...
...into bankruptcy too. Now the state expects a surplus of $360 million this year and is debating how much to cut taxes. Michigan last November projected a deficit of $78.4 million in its 1978 fiscal year, ending Sept. 30. Now it expects a $68.4 million surplus, and Governor William Milliken is proposing reductions in property and income taxes. Budget Director Gerald Miller agreed with a reporter that the estimate of a deficit was "a ploy." He remarked candidly that there are times "when it is appropriate to indicate the situation is not as good as it might be in order...
Curtiss-Wright did make a peaceful effort last month to get minority representation on the Kennecott board. But Kennecott's dour and demanding chairman, Frank Milliken, 64, turned down the request. So T. Roland Berner, 67, Curtiss-Wright's chairman, declared war by nominating a slate headed by himself to take control. The rather geratic group includes George Moore, 72, former chairman of Citicorp; Robert Meyner, 69, former Governor of New Jersey; George Bunker, 70, former chairman of Martin Marietta; and Fred Kirby II, 58, chairman of Alleghany Corp. and Investors Diversified Services, the mutual fund concern. Curtiss...
...some ready listeners. When the big copper producer was forced to divest itself of Peabody Coal by Government edict last June, savvy Wall Street analysts speculated that some or all of the $1.2 billion Kennecott received would be paid in the form of a special dividend. Instead, Chairman Milliken, apparently fearing an unfriendly takeover attempt, paid $66 a share for Carborundum. The rationale: the bigger the company, the more difficult it is to finance a raid. By paying more than twice the book value for a ho-hum company, Milliken let himself in for savage criticism of his business judgment...