Word: partnerships
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Dates: during 1990-1999
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CONFLICT OF INTEREST? A Governor going into partnership with a man whose main business is regulated by the state government seems questionable to begin with -- or at least an occasion for special vigilance. But at least one more specific potential conflict has been turned up by TIME. In 1983, Madison Guaranty sought state approval, over the objections of a rival S&L, to open a branch in Salina County. A six-member board established to decide such cases had a temporary vacancy. Governor Clinton sent a letter to one Dick Fisch (nobody today recalls anything about him) appointing Fisch...
Dramatic it was, beyond doubt. But a coup? Even as Redstone and Huizenga ( were basking in the glow of their new partnership, Wall Street was scratching its head in amazement at both the merger and the apparent meagerness of the new offer. After two weeks of furious negotiations and consultations with a team of investment bankers from Morgan Stanley, Redstone had produced a bid that was considered by many analysts to be not only anticlimactic but also inferior to Diller's current offer. Though the offer is a complex blend of stock and cash, the estimated value of the Viacom...
Clinton's first priority at the NATO summit is to gain final approval for his Partnership for Peace, which will provide an option for any former Soviet republic, Warsaw Pact member or non-NATO West European state to join in limited military cooperation, including training and exercises, with NATO's 16 members. In Warsaw last week General John Shalikashvili, the Chairman of the U.S. Joint Chiefs of Staff, said NATO will be ready for joint military exercises with Polish forces as early as this year. But while strengthening links, the Partnership will fall far short of full membership...
While Clinton will explain the Partnership for Peace as a sop to the likes of Poland and Hungary, he will also have to advise Yeltsin against behaving too aggressively with his neighbors, especially the former Soviet republics Moscow calls "the near abroad." Russia has intervened militarily in Moldova, Georgia and Tajikistan, and is now shaking a fist at Lithuania. If Clinton is to placate Warsaw and Budapest on NATO membership, Yeltsin will have to offer reassurance to Central Europe by dissociating his government more vigorously from resurgent Russian nationalism...
Oddly, this rationale appears to have largely escaped notice by the Administration players most responsible for promulgating the partnership. When asked about the Central European argument that NATO membership is more important for internal stability than as a military shield against Russia, a senior Administration official responded, "It's pretty compelling stuff when you think about it. I guess we've just been too fixated on Russia to have given enough thought to this aspect...