Word: streets
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Dates: during 1980-1989
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...markets and Underground entrances are packed with small figures, stuck in their social matrix as though in jam (especially given Kossoff's dense pigment) -- a pictorial equivalent, as it were, of the double meaning of the Hebrew word olam, which means world but also crowd. A painting like A Street in Willesden, 1985, reminds one of how pointless the stereotypes about English art have become. It is not anecdotal, witty, light or conversational. Rather, the opposite. In Kossoff, an obdurate grandeur of intention is coupled with a deep sense of cultural continuity. What other living painter can embed groups...
...acquirers battled for control of companies that make everything from bath towels (West Point Pepperell) to cake mixes (Pillsbury). Costliest of all was the struggle for RJR Nabisco (1987 revenues: $16 billion), whose price tag set a record with each new offer. Top RJR Nabisco executives, backed by Wall Street's Shearson Lehman Hutton and Salomon Brothers, raised their bid from $17.6 billion to $21 billion, topping the rival offer of $20.6 billion from Kohlberg Kravis Roberts, the high-flying leveraged-buyout firm. Now the two sides may be getting new competition. At week's end Forstmann Little, a Manhattan...
...fear of crime is, to be sure, deeply implanted among Americans of all races. No group is more victimized by street thugs than the law-abiding citizens of the ghetto. Doubtless the G.O.P. would have exploited Dukakis' furlough policy if Horton were white. Yet the glee with which Bush's campaign team leaped upon the Horton affair belies its denials that it intended to tweak white prejudices. In Horton, Bush's staff found a potent symbolic twofer: a means by which to appeal to the legitimate issue of crime while simultaneously stirring racial fears...
...former Defense Secretary that members had sworn an "oath to deal with the deficit." Weinberger retorted that there was nothing "so sacred" about Social Security that should prevent it from being tapped for defense. An outraged AFL-CIO president Lane Kirkland vowed to oppose any such moves, with street protests if necessary. The divisions are likely to worsen after the presidential election, since the candidates have admonished the panel to move in different directions...
Under the guidance of Kravis and Roberts, KKR has become a Wall Street steamroller. Its biggest buyouts include the Beatrice food conglomerate for $6.2 billion and the Safeway grocery chain for $4.5 billion. But while KKR is well known as an investment adviser, few people realize that it has become one of the largest industrial holding companies in America. Though KKR readily sells off pieces of the firms it buys, it usually retains some core businesses. Of the 35 companies it has acquired, KKR still has control of 23. As a result, KKR has become a huge conglomerate. The companies...