Word: spectaculars
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...stock offering was a spectacular success and an unlikely one. Last week American Express, the $12.9 billion (1984 sales) financial-services conglomerate, sold to the public 54% of Fireman's Fund, its property-and-casualty-insurance subsidiary. Investors snapped up 35.2 million shares for a total of more than $900 million. It represented the country's largest initial public offering ever...
...sobering: with few exceptions, the more important and potentially dangerous the issue, the deeper are the divergences. The spirit in which they are discussed, however, can make a lasting difference in the long run, and only the heads of government can set the tone for their subordinates. Barring some spectacular blowup or equally improbable major agreement, the success or failure of the summit will eventually be judged less by what Reagan and Gorbachev do in Geneva than by what happens in what is likely to be a long and difficult series of follow-up negotiations. Says one senior American official...
...headed the Communist Party's International Information Department since 1978, a job that makes him the General Secretary's top spokesman. After Gorbachev ascended to power, Zamyatin was rumored to be out of favor, but he has reappeared on the job in a dramatic way, managing the spectacular presummit public relations blitz that has put the Soviets in good position for the Geneva meeting...
...government of President Belisario Betancur Cuartas refused to negotiate. Within minutes of the takeover, Bolívar Plaza was teeming with soldiers and police. Armored cars arrived with sirens blaring. The Colombian army and paramilitary police units responded with a fury that the newspaper El Tiempo called "the most spectacular counter-guerrilla operation in contemporary times." Said one journalist who was at the scene: "It was total...
...group reached a rarefied 15,000 ft., his wife was flown out by helicopter while he proceeded to the top. The next day, while visiting a jungle lodge, the Carters were charmed by the sight of an elephant painted as they often are in Nepal. "The scenery was more spectacular and breathtaking than I imagined," said Carter, who was back home in Plains last week. "Nepal is the most beautiful country in the world, certainly the most beautiful I have ever seen." One advantage of being out of office, apparently, is that personal enthusiasms need not be tempered by diplomatic...