Word: rubber
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Dates: during 1990-1999
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Stempel's ouster is a landmark in the growing shift of power from U.S. managers to corporate directors, who had traditionally been viewed more as rubber-stampers than real decision makers. As recently as the mid-1980s, not even the bellicose presence of Ross Perot on GM's board could persuade the firm to shift gears or change direction. "I did everything I could to get General Motors to face its problems," Perot said in the presidential debates. "They just wouldn't do it." Rather than heed Perot's exhortations to cut executive perquisites and streamline the bureaucracy, GM spent...
Playing the second period, Israel showed a lot of pluck facing tons of rubber while the Crimson defense fell apart during a few spurts of play. Israel totalled 10 saves...
Departing momentarily from the somber mood of the opening scene, the second section shows the dancers frolicking about the stage in white nightgown-like play suits with large red rubber balls. Although the music in this segment remains light-hearted and upbeat, the dancers' motions slow considerably: they drop to the floor, gently manipulating the balls over their bodies. This playful scene seems like an appropriate place for the women to display some of their acrobatic prowess, the Graney reverts to the earlier solemnity and deprives the audience of the energetic interlude it needs...
When times get bad, traders get bored -- and mischievous. Recessionary restlessness got so out of hand lately at the Pacific Stock Exchange in Los Angeles that a rule was invoked fining rubber-band snappers and spitball snipers as much as $5,000; first-time offenders pay $1,000. At the Philadelphia exchange, anyone throwing a punch on the floor is fined $1,000. First-time practical jokers at the New York exchange pay $250. It is a language that traders understand. Since the rule was initiated in Los Angeles, not a single rubber band has been spotted zinging across...
MEMBERS OF AN EXTREMELY PRIVATE, INVITATION-ONLY NEW York investors group called AEA thought it was a hoot when they persuaded former General Motors chairman ROGER SMITH last year to take over as CEO of one of their investments, a tidy little group of rubber-and-plastics manufacturers with operations in Ohio, Virginia and Georgia. Before long, though, the company was declining fast. Since nobody can bear to fire Smith, investment bankers say the owners are now quietly trying to peddle the firm for far less than they paid...