Word: parental
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...Faculty of Arts and Sciences announced last spring it had reached a deal to acquire the Hasty Pudding Building from the Institute of 1770, the theatrical group's parent organization...
...company is not without options. Firestone could launch an all-out price war, which analysts fear would hurt an industry saddled with rising commodity costs and little pricing power. Points out Wendy Beale Needham, auto analyst at Donaldson, Lufkin & Jenrette: "[Firestone] does have a parent with resources and a different brand name...
...effective crisis management, swift, decisive action, not to mention an appropriate level of contrition, is the name of the game today. Firestone has seemed slow and unresponsive, a legacy, perhaps, of its insular parent company in Japan, where consumers have few rights, and product-liability lawsuits hardly exist. Parent Bridgestone's CEO Yoichiro Kaizaki, who gained a tough-guy reputation in shaping the company's American strategy, has been all but invisible. He may be practicing what the Japanese call fugenjikko - no words, only action - but silence is deafening here. "I don't know how you cannot be available...
...reality, that there is a lot of money at stake, isn't that much better. Firestone's Japanese parent has already taken a $350 million charge to cover the cost of the recall, but that may be just the beginning. In addition, there are the hundreds of millions, if not billions, of dollars it could potentially owe from lawsuits. The company's stock market value has plunged some $10 billion in the past month...
...young clergyman is described as having the face of "a sheep with a secret sorrow." Sociopolitical generalization? This is as close as Wodehouse gets: "Unlike the male codfish, which, suddenly finding itself the parent of three million five hundred thousand little codfish, cheerfully resolves to love them all, the British aristocracy is apt to look with a somewhat jaundiced eye on its younger sons...