Word: poisoner
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Dates: during 1980-1989
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Corporate raids have inspired such colorful defensive tactics as the Pac-Man counterattack and the poison pill. Now the managers at Borden, the food and consumer-products giant, have created a novel repellent they call a "people pill." Borden said last week that its top 25 officers have agreed to resign en masse during any takeover attempt if they believe stockholders are getting less than a fair price or if any executives are fired or demoted...
...good intentions could stop the proliferation of chemical weapons, the scourge would have been cleaned up long ago. Over the past 63 years, 131 nations have signed the 1925 Geneva Protocol, which outlaws the use of poison gases. Yet at least 17 countries are believed to possess chemical weapons. They were most recently used last March, with hellish results, when Iraq unleashed mustard and cyanide gases on its own Kurdish citizens...
Like other high-minded declarations that followed the horrors of World War I, the Geneva Protocol has no teeth: although it forbids the use of poison gases, it bans neither their production nor their stockpiling. The result is that the issue of chemical weapons has returned time and again to the international agenda, stirring debate at the United Nations, at diplomatic conferences and at each of the four superpower summits since...
This week the talk continues in Paris, where representatives from 142 nations have convened. The chances for a breakthrough anytime soon are slim. Only the U.S., the Soviet Union and Iraq have even acknowledged owning chemical arsenals. Yet in recent years, there have been claims that poison gases have been used by Libya against Chad, by Viet Nam against Kampuchean rebels and by Iran and Iraq against each other in their recently concluded war. It was Iraq's slaughter of the Kurds that prompted President Reagan to call for the Paris conference. The initiative was quickly seconded by President Francois...
WEAKEST TAKEOVER DEFENSE Pillsbury's "just say no" strategy failed to fend off British consumer-products giant Grand Metropolitan. The Dough Boys also tried a "poison pill" strategy that would have awarded current stockholders a larger share of the company, making it far more expensive to purchase. But a Delaware chancery court ruled against Pillsbury's tactic, and it was gobbled up last week for $5.C5 billion...