Word: rolnick
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Dates: during 1990-1999
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...Paul Omodt, spokesman for the Air Line Pilots Association for Northwest, says the LBO was "disastrous" for the employees, who ended up bailing out the company in return for stock and three directors' seats. As for the state's involvement, critics like Minneapolis' Federal Reserve Bank researcher Art Rolnick say what Checchi touts as a "partnership" of government and business was really a government subsidy in return for promises to build new facilities and create jobs. "The notion that he was a white knight is questionable," says Rolnick...
...attracted to an outlet mall," says Carol Sanger, vice president of the Federated and Allied Stores chain, which includes Bloomingdale's, Burdine's, A&S and Jordan Marsh. She may be wrong about that. "I'd much rather go to a fancy mall and shop a sale," admits Sheryl Rolnick, 39, of Coral Springs, but one day recently she drove out to Sawgrass to do a little bargain hunting. "The discount malls are having an effect," she says. "Lately, my local Lord & Taylor and Jordan Marsh are dead...