Word: rosenwald
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Dates: during 1980-1989
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...Tisch has thumbed his nose at conventional wisdom. He buys companies or stocks when they are wildly unpopular and shuns anything that is remotely in vogue. "I'm always looking for companies that have real value," he says, "companies that we would be proud to own." Says E. John Rosenwald, an executive at Bear Stearns, a New York brokerage firm, and a Tisch family friend: "He's not a herd follower." Last year, for example, Tisch bought seven oil supertankers for a fraction of what it would have cost to build them. He is betting that the distressed oil industry...
...lawyer Harold Rosenwald '27, who helped found the corporation in 1957, insisted that HSA's failure to pay overtime was "pure oversight, not a willful violation...
...They should have come to us first instead of complaining to the labor authorities," Rosenwald said...
...Rosenwald said HSA fits this criterion because students make-up one-third of its board of directors, while Harvard faculty and staff constitute another third. In addition. HSA's non-student employees are technically employees of the University...
...formally requested an exemption in May, Rosenwald said...