Word: oiling
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Dates: during 1980-1989
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When Robert Holmes a Court comes calling, most corporate chiefs hide the company silver. A sly and extraordinarily patient Australian financier, Holmes a Court has built Bell Group, a $2 billion corporate empire that reaches from oil and gas interests near Tasmania to theaters in London's West End, by capturing troubled companies one at a time. Now the raider is circling around Texaco, and no one is entirely certain of his intentions...
...have more than a passive holding in mind. That speculation grew last week as Holmes a Court, who now holds 9.6% of Texaco's shares, said he is seeking U.S. Government approval to increase his stake to as much as 15% of the stock of the third largest U.S. oil company (1986 revenues: $32.6 billion). That could give him important input into corporate decision making at the beleaguered oil firm...
...long-time enemy, Iraq's President Saddam Hussein. Except for Libya, Syria is the only Arab state that backs non-Arab Iran in its seven-year war with Arab Iraq. Assad is believed unlikely to be ready to change sides in the gulf war, in part because of the oil concessions he gets from Iran. Nonetheless, the meeting raised hopes that he may be interested in improving ties with such moderate states as Jordan and Kuwait...
They weren't. Most of the shots on Firing Line were blanks. The Somber Seven were all painfully earnest, briefing-book glib and unfailingly polite. But the few issue differences that emerged (primarily on trade and oil-import fees) were introduced almost apologetically with phrases like "with all due respect." Jesse Jackson and Delaware Senator Joseph Biden, the orators of the group, seemed to believe that flights of rhetoric would be unseemly at such a high-tone forum. Two of the technocratic moderates in the race, Missouri Congressman Richard Gephardt and Tennessee Senator Albert Gore Jr., were largely content...
...Constitution, as the process was called, copying it out at an elegant angle in large, legible script. The four sheets of parchment were vellum, the skin of a lamb or a calf, stretched, scraped and dried. The ink, a blend of oak galls and dyes. The light, an oil lamp. The instrument, a feather quill. All nature contributing to the assignment, human nature in the form of Jacob Shallus, ordinary American citizen, son of a German immigrant to Philadelphia, soldier, patriot, father of eight and, at the time of the Constitutional Convention, assistant clerk to the Pennsylvania General Assembly...