Word: staley
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...Carolyn Staley, who lived next door to the Clintons when she and Bill were in high school, says that as a preacher's kid, she never even knew about the town's reputation as sin city. Did the Clintons know? I ask her. "Oh, yes, they were more sophisticated, more worldly-wise." Clinton's mother liked the gambling, and his stepfather, who was still drinking, flew into rages when he was not sure where she had been. In a deposition for divorce proceedings, the mother feared for her son's safety: "He has continually tried to do bodily harm...
...Springs, unlike Hope, was a place where such problems could be kept secret. Billy's friends, teachers, counselors and pastors never knew what violence he faced when he went home. Staley lived next door when the Clintons' brief (three-month) divorce was still in effect, and did not realize that her friend was fatherless during that period. Eventually, Roger convinced Virginia that he could reform. Her son, 15 at the time, argued that he would never change and tried to persuade his mother not to remarry him. Why, I ask, did she? "She was old-fashioned and thought she must...
People from damaged homes can be quick to empathize with others' suffering and try to do something about it. Clinton's friend Carolyn Staley has often told how, when she visited him at Georgetown, he delivered food to a church in the Washington riot area after Martin Luther King Jr.'s assassination. A less well-known incident from the same time comes from a fellow student, Neil Grimaldi, who had begun a service to help feed and house alcoholics. Clinton | went to the shelters and impressed Grimaldi with his sympathy for the alcoholics. He even played his saxophone to break...
Will the diet-crazed country that embraced artificial sweeteners now accept phony fats? Some of America's biggest food firms are betting heavily on it. The latest entrant is A.E. Staley Manufacturing of Decatur, Ill., which last week served up Stellar, a product derived from corn. At a promotional buffet of Stellar-based margarine and cheese spreads, Staley said the reduced-calorie faux fat will be available early next year to food producers, who can use it to replace from 60% to 100% of the fat in such items as salad dressing, baked goods, meat products, soups, gravies and sauces...
Drexel's most egregious technique was to force companies into unwanted deals, executives say. In one battle that wound up in court, Staley Continental, a food producer based in suburban Chicago, accused Drexel of trying to pressure Staley executives into launching a buyout bid for their company. Before Staley's $220 million suit reached an out-of-court settlement in 1988, the sensational charges were the talk of Wall Street. "They appealed to your greed," says Robert Hoffman, who was Staley's chief financial officer at the time. "And if that didn't work, they appealed to your fear that...