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...share last May to the mid-$30 range (it closed last Friday at $37.875 a share). That has knocked almost half a billion dollars off the value of the Nordstrom family's 36% stake in the company. "Take your eye off the ball, and it's perilous," says Pete Nordstrom, 35, one of six thirtysomething brothers and cousins who became co-presidents in June 1995, when the fourth generation of family members moved to the head of the 96-year-old company. (The co-presidents report to chairman John Whitacre, 44, currently the only top executive from outside the family...

Author: /time Magazine | Title: LOSING ITS LUSTER | 3/24/1997 | See Source »

...Baseball Hall of Fame selection committee recently finished choosing this year's inductees, and the man who collected 4,256 hits will once again be conspicuously absent from the August ceremony. Pete Rose may have bet on baseball games, but that's no reason to keep him out of Cooperstown...

Author: By Alexander M. Carter, | Title: ROSE TO THE OCCASION | 3/15/1997 | See Source »

...Baseball Hall of Fame was not formed to honor good people. If it were, Mother Teresa would be a member, and Ty Cobb, a vicious player who once attacked a man with no arms, would not. The Hall honors players for their proficiency on the field. Pete Rose holds the career records for hits, at bats and games played. No organization can claim to enshrine the best players in baseball if it does not count Rose as one of its members...

Author: By Alexander M. Carter, | Title: ROSE TO THE OCCASION | 3/15/1997 | See Source »

...stood between the foul lines of a baseball field. The aforementioned Cobb was allegedly a miserable human being. Babe Ruth was purported to be an irresponsible drunk. Mickey Mantle was an admitted alcoholic. It is time for the Hall to stop pretending that it canonizes saints. It should elect Pete Rose to its ranks...

Author: By Alexander M. Carter, | Title: ROSE TO THE OCCASION | 3/15/1997 | See Source »

...stealing defense notes from his computer and using them in reporting that the Oklahoma City bombing defendant had confessed to the blast. Jones asked for a federal investigation into the issue, and also said he plans to file a complaint asking the Texas Supreme Court to determine whether reporter Pete Slover, who is also a lawyer, should be disbarred. Jones also is considering seeking a 90-day ?cooling off? delay in the trial, which was scheduled to begin on March 31. If the newspaper publishes more stories from the documents, Jones said he'll seek to move the trial...

Author: /time Magazine | Title: McVeigh's Lawyer: 'Paper Hacked Defense Files' | 3/3/1997 | See Source »

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