Word: partnering
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Dates: during 1990-1999
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...founding partner of Merrill Lynch, an unlikely poet, that's a condition he shared with Wallace Stevens the insurance executive and William Carlos Williams the obstetrician; American poetry has a healthy tradition of culling its favorite sons and daughters from unexpected niches. Merrill attended Amherst College, but his education was interrupted by a year of military service in Europe in 1944. A mere World War, though, and the tumultuous love affairs he also endured, were hardly sufficient to deflect his sense of purpose. Year by year, with ferocious industry, he added to his glittering shelf of books...
...Janet Reno announced today that the Department of Justice is looking into possible criminal violations by Commerce Secretary Ron Brown, based on "allegations that have been widely reported by the news media." Several Republicans have demanded that Brown resign because of his complex financial relationship with his former business partner, a Washington businesswoman named Nolanda Hill. Brown said he divested all interest in Hill''s company a year after becoming commerce secretary; but he acknowledged receiving $400,000 in payments from her. Reno, whose department briefly investigated allegations against Brown last year before dismissing them, now has 90 days...
...Yale-trained economist who took office Dec. 1, to ease his austerity campaign. But that would almost certainly destroy foreign confidence in Mexico's ability to regain its footing and would thus send the peso slipping again. ``This time there's no free lunch,'' says Mauricio Gonzalez, managing partner of a Mexico City consulting firm...
DIED. DAVID COLE, 32, influential record producer; of complications from spinal meningitis; in New York City. Cole was one-half of the team behind the dance-fevered hits of C+C Music Factory (the other half being partner Robert Clivilles). The group scored with an mtv/aerobics-class classic, Gonna Make You Sweat. Cole won a Grammy for the sound track to The Bodyguard...
Weingarten admitted that the timetable was ``confusing,'' but said it was of ``no legal or ethical significance.'' Clinger challenged this explanation: ``I think it is fair to ask how one receives a partnership distribution from a business entity unless one is a partner in it.'' Most of First International's income came from the interest on a promissory note issued by Corridor Broadcasting Corp., a firm formed by Hill during the 1980s. In 1986 Corridor borrowed $26 million from a Texas savings and loan to buy two TV stations. The thrift later failed and was taken over by the Federal...