Word: saatchis
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EVERYONE WHO HAS READ JOSEPHINE Hart's best-selling novel Damage remembers the opening lines: "Damaged people are dangerous. They know they can survive." Those words came to life last week for Hart's husband, the British advertising mogul Maurice Saatchi. Wounded by his ouster last month as chairman of Saatchi & Saatchi, the agency he started in 1970, which grew to be one of the largest in the world, Saatchi struck back hard. He announced he would start a rival advertising firm that will probably spirit away some of Saatchi & Saatchi's biggest clients. To add to the retribution...
...Saatchi's moves sent the advertising world into an uproar and Saatchi & Saatchi stock into a nosedive; it ended last week at 102p on the London Stock Exchange, around 35% below its price in mid-December. Some analysts think that with its charismatic chairman gone, its executive suite half empty and its client list endangered, Maurice's original firm could break...
...Saatchi & Saatchi CEO Charles Scott and his backers scrambled to put the best face on the setback. After three Saatchi loyalists, including acting chairman Jeremy Sinclair, walked out early in the week, Scott issued a statement saying that "if the departure of Mr. Saatchi is included, it's just four people...
...TMFONT 1 d #666666 d {Source: Betsy Frank, Saatchi and Saatchi...
...call him the '90s Steve Allen: smart, funny and very likable, with a more modern sensibility." The key is likability -- that elusive, soft-core charisma. Has Conan got it? "He doesn't have the sardonic glibness of Letterman," says Betsy Frank, a senior vice president at advertising giant Saatchi & Saatchi, "which a lot of people like but probably a lot more people find a bit tiring. Conan has a purer kind of humor, and that's being perceived positively...