Word: seidenberger
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Perhaps you saw Ivan Seidenberg back in the 1960s when he got his start working for New York Telephone. Those were the good old days of telecommunications, when "phone company" and "AT&T" were synonyms. Interstate calls cost a small fortune. Copper wires, pioneered by Alexander Graham Bell in 1876, were still state of the art. And Seidenberg was the guy you might have spotted crawling into manholes in New York City and cheerfully splicing phone lines together deep underground--peeling back the rubber coating on the finger-thick wires, laying the cable on the splicer and then gently pressing...
...suitors were Raymond Smith and Ivan Seidenberg, CEOs of telephone gargantuans Bell Atlantic and NYNEX. Their moment came in February as they watched Bill Clinton sign the Telecommunications Act of 1996, which paved the way for last week's $22 billion merger of Bell Atlantic and NYNEX. The new company, to be called Bell Atlantic, will have revenues of nearly $27 billion, second only to those of AT&T in the business, and will offer a wealth of data services to about 36 million East Coast customers--some 22% of all U.S. subscribers...
...this good news for anyone other than, say, five or six giant phone companies? "The world will be a much simpler place for consumers," argues NYNEX's Seidenberg, "with more choices, more services and more products united under a single roof and unified brand." Seidenberg says phone bills should deflate as the companies merge their billing and cut their labor costs; thousands of jobs will be downsized in the Bell Atlantic/NYNEX upsizing...
...Robert Seidenberg of Syracuse is one analyst who has bought the feminist argument. Says he: "We are confronted with the paradox that women are declared phobic when they exhibit anxiety in public places where custom, until yesterday, had prohibited them from entering. If one replaces the idea that the woman had the desire to sleep with father with the thought that she wanted to work with him in his downtown office, more salutary results might be obtained...
What then? Glass quoted Architect Roderick Seidenberg's suggestion that the human race "will remain encased in an endless routine and sequence of events, not unlike that of the ants, the bees and the termites." In short, man will be in danger of massive boredom and mental atrophy...