Word: reichs
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Dates: during 1980-1989
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...expert, Kennedy School lecturer Robert B. Reich, says "I doubt that this is the most socially productive way to use that money." The economist, who has taken his dispute with LBOs to the op-ed page of The New York Times and the front cover of The New Republic, argues that "the only clear winners [in leveraged buyouts] are investment bankers and lawyers...
...Generally speaking, LBOs are quite lucrative for investors," says Reich. But, he adds, "when the market turns sour, it may not be quite so lucrative...
Analysts agree that leveraged buyouts serve no one but the dealmakers. Professor Robert Reich at the Kennedy School has said of the RJR takeover that it "clearly exposes the greed and rapaciousness of so many of these takeovers." As the University is run more and more like a corporation, it seems to be losing--no matter how much its administrators protest--its moral purpose, so that the only standards in visible practice are those dictated by the University's own greed...
...investment community, where some executives feared that the Johnson-initiated scramble would swallow up too much of the available money for deals and, moreover, give mergers and LBOs a bad name. "This is the sort of excess that investment bankers have worried about for years," said economist Robert Reich of Harvard's John F. Kennedy School of Government, "because it so clearly exposes the greed and rapaciousness of so many of these takeovers." Martin Weinstein, managing director of Kubera, a Wall Street arbitrage firm, concurred: "Do I sense fear? Yes. At some point there is going to be a rebellion...
Many Germans felt that Hitler's Third Reich would bring glory to their nation. Many Germans felt that annihilating the Jews was warranted and gladly took part in the insane assaults upon their fellow citizens. Many ignored the Holocaust completely while others remained fearfully silent...