Word: shrewdness
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Dates: during 1990-1999
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...years, many believed William Clay Ford Jr. to be predestined to reign behind Ford's trademark blue oval nameplate. Genteel, analytical and quietly shrewd, he's a Civil War buff with degrees from Princeton and M.I.T. He joined Ford in 1979 and performed admirably in numerous executive posts, from assembly to product planning to chairman of Ford Switzerland. But in 1994, when he was named chairman of the automaker's powerful finance committee (which oversees the purse strings), his ascension seemed more certain. That promotion required him to resign his operating role within the company, prompting his move...
...same time as the audience," Costa-Gavras warns, "He doesn't have time to put events into perspective." Gavras makes an excellent point. Mad City could also have profited from a little perspective. Its creators failed to notice that they themselves had crossed a line--the one that separates shrewd commentary from polemic."Photos courtesy of Warner Bros,TWO RING CIRCUS: DUSTIN HOFFMAN (left), shines as a hard-boiled reporter who exploits the story of a simple-minded janitor's (JOHN TRAVOLTA, below) revolt against society...
...vicissitudes of a single stock." After some years of litigation, he and the board managed to clear the way to sell, in 1984, its Getty Oil stock to Texaco for $10 billion. In the end, this gave Williams $2.3 billion to play with in creating the Getty Center. With shrewd management, this endowment has since grown to $4.3 billion--four times that of New York's Metropolitan Museum of Art. Because the Getty Trust is obliged to spend 4.25% of its endowment on its own programs every year, it has as much as $225 million to spend on itself annually...
DIED. ANN DEVROY, 49, determined, shrewd, indefatigable Washington Post White House correspondent; of cancer; in Washington. Her dogged professionalism in covering four Presidents won Devroy the admiration of her peers and prompted one subject, George Bush, to write admiringly to the ailing reporter, "I want the same toughness that angered me and frustrated me to a fare-thee-well at times to see you through your fight...
...Defense contractor" does not begin to describe Armstrong. Formerly with IBM, he is a shrewd marketing executive who will bring a hands-on style of management to a company that has begun to resemble a helpless giant. At Hughes, Armstrong spun off the automotive parts and defense businesses to bring the company to the cutting edge of the satellite and telecommunication industry. The market voted its quick approval of his latest move. After the story broke on CNBC last Friday, AT&T's stock rose 3.7%, to $45.19, while the rest of the market had a dismal...