Word: partners
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Dates: during 1980-1989
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Management at Loews has always been a family affair. Larry is the master strategist and financier, usually tucked away in his plainly furnished corner office at 666 Fifth Avenue in Manhattan, his head permanently cocked toward his Quotron terminal. Bob, 60, an equal partner, a gregarious man with an exceptional command of details, has been the hands-on operator. The unusual alliance has not been broken in 40 years. "We have never had an argument," Larry Tisch claims. "There's no reason to show temper. I don't get mad." When Bob became Postmaster General last month, the partnership...
Whether the CBS shuffle actually amounts to a return to halcyon days of yore is debatable. The return of Paley provides a powerful symbol of continuity at the tradition-minded network. But Tisch, though a respected executive, has no experience in broadcasting. As equal partner in Manhattan- based Loews Corp. with his brother Preston Robert, Tisch controls holdings in hotels, tobacco and insurance worth an estimated $17.5 billion. His CBS appointment immediately raised the question of how he would balance the demands of public service and the bottom line. On that score Tisch offered quick words of reassurance...
...defense, Wyman went looking for a "white squire" who would buy a major portion of CBS in case a hostile bid seemed likely to succeed. He found Tisch, largely at the urging of CBS Board Member James Wolfensohn, a friend of the billionaire's who is also a former partner at the Salomon Brothers investment firm. According to Wolfensohn, Tisch had become interested in CBS during the Helms takeover crusade, which the investor deplored...
Crime Story is the most realistic TV cop show in years, yet the emotions reach almost baroque heights. Looking over the scene of a partner's murder, Torello thrusts his fist through a phone-booth window and sinks into tears. A fatally injured young hood, restrained by a respirator, flails about on his hospital bed in panic and rage. The pilot has enough violence to ignite a season's worth of protests. Yet nothing seems exploitative. In a bravura opening, a wild chase ends with a shoot-out at the house of an anonymous family. After the carnage is over...
...elections, and last week he bade farewell to politics with a two-hour speech in the Bundestag. Even in his farewell address, he got in a few glancing blows. Schmidt blasted Chancellor Helmut Kohl for following U.S. policy too slavishly, saying, "The Federal Republic must remain the friend and partner of the United States, but not a client...