Word: stiffs
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...products, reportedly has been talking about a $10 billion deal to buy MCA from the Matsushita Electrical Industrial Co. The Times reported that Du Pont is expected to announce a buyback of its shares from Seagram within two weeks. TIME Los Angeles correspondent Jeffrey Ressner expects Seagram to face stiff competition in its quest for MCA from Polygram, which already has entered a joint filmmaking venture with MCA, positioning itself as a potential purchaser...
...have had some fierce seat racing over the course of the last 10 days. We've had some stiff intrasquad competition for positions," he said...
...benefit of Windows users, we've been tapped by The Crimson to review IBM's new operating system, OS/2 Warp. IBM is marketing the product heavily in the face of stiff competition from Microsoft, which virtually monopolizes the operating system market for PC-compatibles...
Leeson certainly had the quickness to rise at Barings at a time when a "bite the ass of a bull-every day" attitude-as a British securities executive describes it-was beginning to infect the bank's stiff and cautious culture. In the early '90s, the London headquarters of Barings was struggling with the division that championed derivatives-financial instruments that use the public's massive bet on securities to create a parallel universe of side bets, some straightforward (like futures) and others arcane (like swaptions). Derivatives helped the Tokyo unit make huge amounts of money-the kind of money...
...problem for Lugar is that he may not be heard in the din of a campaign. A cheerful man, he is popular with his Senate colleagues and at home-he won a fourth term in November with 67% of the vote. Nevertheless, he comes across as stiff and bland, with sentences as perfectly clipped as his hair and nails. But his solid, serious nature could serve to distinguish him. An eat-your-spinach campaign helped Paul Tsongas win New Hampshire in 1992; if voters want no-frills straight talk from their politicians, Lugar may be their...