Word: partner
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Dates: during 1980-1989
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...subsequent talks, the delegates mainly discussed economic problems. The nations of the ASEAN alliance together rank as the fifth-largest U.S. trading partner, having increased two-way trade from $967 million in 1967 to $23.5 billion last year. The Administration is delighted that these free-market nations have far outperformed their Marxist neighbors, but is concerned that since 1983 the bottom has fallen out of practically all the region's export commodities, not the least of which is oil. As a group, the ASEAN delegates called for more American investment. In response, the U.S. asked for an easing of trade...
Simon, who served as U.S. Treasury Secretary under President Nixon, and his Wesray partner Raymond Chambers have put together 20 acquisitions over the past 5 1/2 years. In the Avis deal, Simon apparently outbid none other than Warren Avis. The Avis founder sold control of his company in 1954 but recently offered to buy it back...
Raines, a general partner in the internationalbanking concern Lazard Freres, said he was notasked about his position on divestment whenselected by the Alumni Association to run for theboard...
...While such big paychecks may seem excessive for recent graduates, Cravath and other top firms say they have been losing talent to the even more lucrative field of investment banking, in which starting pay can run as high as $75,000. Says Samuel Butler, Cravath's presiding partner: "Our new salary levels may not come close to what bankers earn, but every little bit helps...
Sometimes, by no coincidence, a celebrity partner may attract celebrity friends, who in turn attract a crowd. Actress Helena Kallianiotes, owner of Los Angeles' Helena's, has been known to serve her specials to her Five Easy Pieces costar and suspected silent partner Jack Nicholson. The joint is now about as in as any place off the eaten path gets. And if they are not part of the show themselves, show-biz proprietors know how to put one on. "Eating has become the evening's entertainment for people," says Director-Producer Bob Giraldi. He conceived his 15-month-old Positano...