Word: morgan
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...positions of power not hiring minorities to run front offices or be field managers, although that is the principal problem. There are corollary difficulties. Some of the most competent and attractive minority candidates are not interested in jobs they've been offered. Or you have candidates like Joe Morgan, who can't just give up businesses that gross millions of dollars a year to go off and become a general manager somewhere. Also, in the post-Campanis era, any new black manager or general manager will be under a microscope and very likely second- guessed on everything he does. Quite...
...athletic, scholarship to Hiram College and interrupted premedical studies for a notable career in baseball that culminated in a $300,000 announcing job with the New York Yankees. It is a pleasing fact that several other black candidates for the league presidency, including former Cincinnati second baseman Joe Morgan, were too prosperous in business to consider the wage. In fact, White is taking an estimated...
...aside part of the stock for employees. At the same time, corporations seeking to repel raiders can use an ESOP as a way to put a chunk of the company into relatively friendly hands. "Every corporate treasurer is looking at it," says Paul Mazzilli, a principal at the Morgan Stanley investment firm. In recent months, three major corporations -- J.C. Penney, Ralston Purina and Texaco -- spent a total of $1.75 billion on ESOPs to shore up their takeover defenses. Procter & Gamble announced plans in January to spend $1 billion to boost its ESOP from 14% of outstanding shares to 20%, partly...
...taxpayer's money." So said Michigan Democrat John Dingell, chairman of the House Energy and Commerce Committee, with a touch of hyperbole. The object of his barb: a Fed ruling last week that will permit five leading bank holding companies -- Bankers Trust New York, Chase Manhattan, Citicorp, J.P. Morgan and Security Pacific -- to buy and sell corporate bonds. The decision will enable the financial institutions to move, within strict limits, onto the turf of Wall Street firms, which have been encroaching on the banking business. Said Richard Huber, an executive vice president at Chase Manhattan: "We're very pleased...
...historians, with his cloaked and silent watchers, his chilly crags and moonstruck ships. But Philipp Otto Runge? Carl Gustav Carus? Franz Pforr and Julius Schnorr von Carolsfeld? Johann Overbeck? Franz Horny or Adrian Zingg? Not household names, exactly -- yet interesting and sometimes remarkable artists, all the same. Hence the Morgan's show fills a distinct gap. None of the drawings and watercolors in it have been seen in America before; they are all lent from two great collections in the German Democratic Republic, the Nationalgalerie in East Berlin and the Kupferstich- Kabinett in Dresden...