Word: retirees
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Dates: during 1980-1989
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Even before he joined Sears, Roebuck in 1956 as a salesman in Madison, Wisc., there was little doubt that Edward Brennan would find a home in the company. Working for Sears was a tradition in Brennan's family: both his parents were buyers for the firm, as were a grandfather...
The Republican majority in the Senate now stands at a slender 53-47, and the chances of its surviving the 1986 elections decrease each time a G.O.P. member announces plans to retire. Those who have done so: Arizona's Barry Goldwater, Nevada's Paul Laxalt and North Carolina's ailing...
Bell's report criticized 15 executives in particular, and Hutton promptly announced plans to discipline 14 of them. Three senior officials will leave the company: Thomas Lynch, a vice chairman; Thomas Rae, chief legal counsel; and Thomas Morley, a senior vice president in charge of cash management. Lynch, however, will...
Friendship was not the only reason Reagan and Republican Party Chairman Frank Fahrenkopf wanted Laxalt to stay put on Capitol Hill. The G.O.P. is concerned that defeats in the 1986 elections could erase the party's current 53-47 Senate majority. While the Republicans must defend 22 seats on the...
Is Laxalt's decision final? There was no indication to the contrary, but Nevada remembers how Democratic Senator Alan Bible, another of the state's political institutions, announced he was quitting in the mid-1950s, only to reverse himself after arm-twisting by then Senate Majority Leader Lyndon Johnson. Laxalt...