Word: staked
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Dates: during 1980-1989
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...lengthy saga of the system's development attests, HOLLIS has not come of age without difficulty. After falling behind other comparable research institutions--Harvard is the second-to-last Ivy League school to implement an on-line catalog--the University now has both a multimillion dollar stake in and a lengthy time commitment to insuring the new system's success...
...Soviet tanks are parked near Prague's Old Town Square, ready to disperse the young people gathered around the mournful statue of Jan Hus, the 15th century religious reformer who was burned at the stake as a heretic. Looking down on the tanks from his third-floor office on Parizska (Paris Street), Jiri Ruml tells me, "We failed. The next attempt at reform will have to come from the center, from Moscow...
...Paris Bourse signaled that the company would be vulnerable to a takeover attempt. Chevalier responded to the threat by calling on a friend, Anthony Tennant, president of Guinness PLC, the powerful British drinks group that markets Moet-Hennessy brands around the globe. Guinness was asked to take a 20% stake in Moet Vuitton as anti-takeover insurance. Racamier opposed the alliance, fearing that it would jeopardize Vuitton's independence. "I had no objections to Guinness taking a moderate stake," he says, "but not as much...
...supermarkets," would "contaminate" Vuitton's upper-crust image. To balance Chevalier's move toward Guinness, Racamier then made overtures to his own outside investor: Bernard Arnault, 39, whose group, Financiere Agache, controls the Christian Lacroix and Dior fashion houses. Following protracted negotiations, Agache and Guinness took a joint 24% stake in Moet Vuitton, with Agache holding the lion's share of the investment. Arnault, who is expected to sit on the Moet Vuitton management committee, plans to increase that stake...
...opposing Joseph McCarthy, championing civil rights bills -- and later criticized the war in Viet Nam. George Bush entered public life opposing the 1964 Civil Rights Act. He went native without much principle, perhaps because he had not given it much thought. Belonging mattered more than weighing the issues at stake. He was not going to "dick" much about ideas. There were games to be won (he tried to set up a soccer league in Texas) and clubs to be organized. Few suspect George Bush of meanness. The fault must have been intellectual. At any rate, something fatal was lost...