Word: straussed
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Beyond Mackay-Smith's office--cluttered with schedules of Orientation Week and notes for an impending meeting with proctors--the receptionist had already received a preview of things to come: one father (who admitted to sneaking into Strauss Hall before the September 6 opening date) had called to complain about his son's room...
Beyond Mackay-Smith's office--cluttered with schedules of Orientation Week and notes for an impending meeting with proctors--the receptionist had already received a preview of things to come: one father (who admitted to sneaking into Strauss Hall before the September 6 opening date) had called to complain about his son's room...
...many American officials stunned by the anti-Gorbachev putsch was ROBERT STRAUSS, the Democratic power broker whose fondness for creature comforts made him an unlikely ambassador to the Soviet Union. "I'm not sure I'm the right guy for the job," confessed Strauss in the early hours of the crisis. But as he thought about the prospect of taking on the hard-liners, Strauss warmed to the challenge. "I guess I could tell those motherf--- sons of bitches off," he concluded...
...Salomon's infractions stopped there, the firm might have contained the damage. But Salomon dropped a bombshell last Wednesday when it admitted that Gutfreund, Strauss and Meriwether had learned last April of a trading violation but had failed to report it "due to a lack of sufficient attention" to the matter. The firm later found still more irregularities but apparently did not disclose them until faced with a government investigation. "The fact that they believed they didn't have to obey the rules is shocking," said Stephen Miller, a Philadelphia securities lawyer. "To be seen to have violated the rules...
...even be barred from dealing in Treasury securities, a devastating penalty that could dry up most of the firm's profits. Such concerns caused the price of Salomon stock to plunge Thursday from 31 5/8 to 26 7/8. Buoyed by news of the imminent departure of Gutfreund, 61, and Strauss, 49, the stock finished the week...