Word: straussed
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...culture that reveled in practical jokes. But the scandal that stunned the giant firm last week was no laughing matter. With the company's stock collapsing in the wake of disclosures that Salomon had repeatedly tried to corner the market for Treasury securities, chairman John Gutfreund and president Thomas Strauss said they would offer their resignations at an emergency board meeting on Sunday. The firm said directors would also consider the fate of vice chairman John Meriwether, one of Wall Street's most respected bond traders. Omaha billionaire Warren Buffett, who owns $700 million of Salomon's preferred stock, said...
Plant breeders can provide India with wheat strains resistant to the pests that threaten sonalika, but, says Michael Strauss of the National Academy of Sciences, "this is not a battle you win just once." Disease germs and insects continually evolve, developing resistance to pesticides and seeking out vulnerabilities that enable them to penetrate crop defenses...
Bush personified his current approach to the Soviet Union last week when he appointed Robert Strauss, a veteran Democratic Party leader and Washington lawyer, to be his next ambassador in Moscow. The appointment was hailed almost unanimously in Washington as a brilliant move. Strauss, 72, knows all there is to know about how Washington politics and American business work, though admittedly next to nothing about the Soviet Union. If Gorbachev pursues real economic change and there are deals to be made with him, Strauss can help close them. Of course, if reform stalls again and bilateral relations sour, Strauss could...
...Where's Bob Strauss?" one attendee inquired. Strauss, once the Democratic National Committee chairman, was more recently the middleman who raked off an $8 million fee for setting up the purchase of an American movie company by a Japanese high-tech firm -- just the kind of deal Democrats used to excoriate. "Probably in Japan," came the answer. A couple of wags took estimates on the cost of Clifford's flawless Glen plaid suit. High estimate...
...guru's wisdom grips the hall. Within hours, new placards appear: AL GORE FOR VEEP; DICK GEPHARDT KNOWS HOW TO BE NO. 2; BILL CLINTON IS CUTER THAN DAN QUAYLE. Corporate jets supplied by Strauss's legal clients fan out to fetch the prospects. The Democratic delegates rejoice; they have seen the future, and it is bipartisan...