Word: ran
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Dates: during 1970-1979
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...acre Angus cattle ranch he bought near Calhoun. His main technique, curiously risky in such a small town, was to take out loans in the names of other people and even a local church He filed all the proper papers, then pocketed the proceeds. Even while embezzling Campbell ran up overdrafts as high as $197,058 in his personal account at the bank. Lance has conceded that he became aware of Campbell's "cash flow" problems in 1974. On Feb. 18, 1975, he nevertheless authorized the Atlanta bank, of which he was then president, to give Campbell...
...Lance plunged into politics, starting at the top. With Carter barred by law from succeeding himself, Lance ran for the Democratic gubernatorial nomination, using the financial razzle-dazzle that later was to become such a liability. His campaign committees obtained $228,000 in loans from his bank in the form of overdrafts. In all, Lance spent more than $1 million. He campaigned furiously, but his beguiling pose as an aw-shucks country boy backfired when opponents forced him to disclose that his net worth then was $3.1 million. Although he was Carter's choice, he finished third...
...Professor of Business Administration with a joint appointment at the Kennedy School, differentiates between functional management--running an organization--and general management, which involves integrating objectives into broader policies. The latter method appears to be the Kennedy School's objective, training generalists, who, like the omnicompetent Confucian scholars who ran ancient China, are capable of flexible decision-making as well as bureaucratic gamesmanship...
...Faculty ran a relatively insignificant deficit of $249,000. But two years earlier, there was $2 million worth of red ink. Kaufmann said that until he examines carefully all of last year's financial data, he cannot determine exactly which changes were significant...
...Faculty ran a relatively insignificant deficit of $249,000. But two years earlier, there was $2 million worth of red ink. Kaufmann said that until he examines carefully all of last year's financial data, he cannot determine exactly what financial changes were the most significant...