Word: sir
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Dates: during 1980-1989
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...believe that an invasion would have succeeded. "There is an excellent chance that the Germans would have prevailed," says Russell Weigley, Distinguished University Professor at Temple and author of Eisenhower's Lieutenants. "If Hitler had invaded, there is no doubt he would have wiped the floor with us," says Sir Michael Howard, Regius Professor of Modern History at Oxford and author of The Causes of Wars. "He would have overrun the country...
...book ends with a passage from Hoffman's writing. "No, sir, Flower Power ain't dead at all, brother, all we gotta do is get our shit together...and grow some thorns...Power to the People! Power to the Woodstock Nation...
British investors have long resisted highly leveraged buyouts, looking at them as a woolly American phenomenon -- interesting at a distance but unacceptable at close range. Last week Sir James Goldsmith forced them to take another look by launching a surprise $21 billion hostile bid for B.A.T Industries (1988 revenues: $29 billion). Backed by investors Kerry Packer, the Australian industrialist, and Jacob Rothschild, the British financier, Goldsmith plans to break up the sprawling London-based conglomerate and "liberate" far-flung divisions that sell everything from cigarettes (Kool, Viceroy) to insurance in more than 40 countries...
Goldsmith maintains that B.A.T shareholders would be better off if the company were to refocus on the high-profit tobacco business, which is experiencing new growth in Asia and other overseas markets. A veteran conglomerate-buster who served as the model for the swashbuckling Sir Larry Wildman in the 1987 film Wall Street, the 6-ft. 4-in. Goldsmith may have made his point all too well. Now that he has put B.A.T on the block, other raiders may try to top his offer. Or B.A.T may attempt to boost its stock price beyond his reach by launching a restructuring...
...Hong Kong has been looking back to London for reassurance that the same thing won't happen there when Beijing assumes control of the crown colony in 1997. At the least, Hong Kong's 5.7 million Chinese want the option of moving to Britain. Last week British Foreign Secretary Sir Geoffrey Howe was dispatched to the colony to allay fears, but his visit only managed to make a bad situation worse...