Word: resignations
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Dates: during 1980-1989
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When David Puttnam was forced to resign last week as head of Columbia Pictures, it marked the failure of a Hollywood experiment. The acclaimed British producer (The Killing Fields, Chariots of Fire) was a surprise choice when he was hired last year. A critic of inflated budgets and unimaginative scripts, Puttnam promised to devote an entire studio to the kind of original and inexpensive films he had made...
...controversy. At First Chicago in the late 1970s, he helped the bank recover from a string of bad real estate loans. But associates complained that Abboud was autocratic and contributed to flagging morale. In 1980 the bank's board ousted him. Abboud soon became president of Occidental, only to resign in 1984 after policy clashes with Chairman Armand Hammer. Since then, Abboud has run his own investment firm near his home in the posh Chicago suburb of Barrington. His reputation for toughness lingers, however, and Abboud seems to revel in it. "People think the A in A. Robert Abboud stands...
...love my job," she says. "I really do." But her husband is running for President and needs her at his side. So, with mixed emotions, she has made what she calls "probably the most difficult decision of my life" and concluded that it is time for her to resign...
...that had been placed before them. "Of course, you all know what this meeting is about," said the President. Most did not, though they may have had a sense of deja vu once she began explaining. Aquino reminded them that ten months earlier she had asked the Cabinet to resign in the turmoil following an + alleged coup plot. Now, in the wake of the most serious coup attempt yet, it was time for another reshuffle. Complying with her request, each member scribbled, "I hereby tender my resignation." Defense Secretary Rafael Ileto, arriving late for the meeting, was asked by reporters...
Aquino may reinstate most of her Cabinet ministers, but one case will be a problem: Executive Secretary Joker Arroyo. When she asked the Cabinet to resign last November, the move was designed largely to oust a rival, Juan Ponce Enrile, who was then Defense Minister. This time the likely target is a faithful friend of more than 15 years. Arroyo, 61, whose first name derives from his father's fondness for card playing, is easily the most powerful member of the Cabinet. The former human rights lawyer screens Aquino's official papers and correspondence as well as all requests...