Word: retainers
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Dates: during 1980-1989
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...that McGuane is complaining. A fit 50, he has weathered the storms of literary celebrity, Hollywood, alcoholism, two failed marriages and at least one critical scalping, only to retain his stature as one of the most original American writers on either side of the Mississippi. This fall his seventh novel, Keep the Change, was published, ending a four-year hiatus from long fiction. The New York Times proclaimed it the "best book he has written to date." Almost as sweet is the news that Keep the Change is already the best- selling book of his career. No wonder that McGuane...
...management to salvage the firm. Their choice for savior: Frenchman Robert Louis-Dreyfus, 43, former president of IMS International, a New York City-based pharmaceutical and marketing firm. Louis-Dreyfus, a Harvard Business School graduate, will take over as Saatchi & Saatchi's chief executive on Jan. 1. Maurice will retain the title of chairman, and Charles will continue as the company's executive director...
...former Senator who ran as head of a 17-party center-left coalition, Aylwin received 55.2% of the vote, easily defeating both a right-wing candidate backed by Pinochet and a populist businessman. Pinochet, whose attempt to retain power was rebuffed last year in a national plebiscite, is scheduled to step down March 11. But by staying on as Commander in Chief of the army for at least eight years, he will keep a hand on the reins...
...reforms he inspired in Eastern Europe begin to haunt him at home. With Gorbachev's tacit blessing, East Germany and Czechoslovakia have joined Hungary and Poland in abolishing the Communist Party's constitutional monopoly on power. Nonetheless, the Soviet leader has always insisted that the party must retain its pre-eminence in his country if perestroika is to succeed. Last week the Lithuanian legislature defied Gorbachev's wishes and legalized rival political parties, setting the stage for other Soviet republics to do the same. This week radical delegates are expected to propose a debate in the Congress of People...
...current scheme of maximizing choice produces a less-than-optimal outcome year after year. Either you deny that there is a problem and retain the status quo, or you recognize that the magnitude of the problem calls for action--and not the token action of non-ordered choice...