Word: retreating
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Dates: during 1990-1999
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Rand Araskog, the CEO of ITT Corp., is a West Point graduate and a combat-hardened veteran of takeover wars who knows the value of a tactical retreat. He has fought off corporate raiders who sought to break up his company, as well as investors critical of ITT's performance and his high salary. So when Hilton Hotels Corp. offered $6.5 billion to buy ITT, which owns the Sheraton hotel chain and Caesars World casinos, Araskog manned the ramparts again. To raise cash and buttress the company's stock price, he sold once prized but now indefensible properties like...
...this nomination process. It promises unsavory televised hearings, focused not on military matters, but on personal matters. It's not as if Ralston is a popular figure or something. Nobody's even heard of his name until this week." Thompson notes Cohen has left himself plenty of room for retreat: "He never really singled Ralston out. All Cohen said was that his affair didn't automatically disqualify him." But finding a new candidate has some pitfalls for the Pentagon. "Ralston is the kind of chairman the Pentagon wants, a status quo guy. Marine General John Sheehan, who currently runs...
From the comfort of his Martha's Vineyard retreat this past Memorial Day's weekend, Lewis said he plans to keep writing...
...will be taking a retreat with the managers at the end of the summer to develop a strategy for next year," Mayer said yesterday. "We are going to start developing strategies...
...will be lessons in rock climbing and hikes to high valleys, including spectacular Mahoosuc Notch. There, they just might get to taste the fruit of the cloudberry bush. One plant produces just one berry, which tastes sweeter than a boysenberry. They'll also find ice caves where they can retreat from the sun--unless there's a July snowfall that day (it's happened). Canoeing on the Rangeley Lakes affords stunning views and a chance to glimpse the moose, ospreys and bald eagles that inhabit the shores...