Word: moring
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Dates: during 1980-1989
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Yet the biggest chill has come over raiders who once promised to run companies more efficiently than did the bosses they ousted. Largely self-made men who flaunted their contempt for corporate America, many raiders have had a rude comeuppance. Some have suffered much greater setbacks than others, but few...
An Antipodal Acquisitor. In 1983, in the midst of his glory days, Alan Bond's sloop Australia II captured the America's Cup. In the same determined manner, Bond, 51, has run up more than $3 billion of debt in recent years while capturing a global empire of properties ranging...
As the Roaring Eighties reach an end, the verdict on raiding is becoming clear. Defenders of the practice insist that raiders have made U.S. industry more competitive by forcing bloated companies to slim down and shape up. Yet the towering debt loads piled up during the raider era -- by both...
Although it has long been famously neutral, Switzerland, as an English scholar once wrote, "has been in a state of war every weekend since 1945." The gibe has more than a little truth to it. On weekends rifle ranges around the country resound with the din of thousands of Swiss...
In a referendum, 35.6% of voters backed a proposal to abolish the military. The results shocked the country's political and military establishment. Few expected the measure to garner more than 25% of the tally. President Jean- Pascal Delamuraz once called the initiative "an idiocy as big as the Matterhorn...