Word: successors
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Like many of the junk-bond wire walkers of the 1980s, Reg Lewis was so obsessed with "doing another Beatrice" that he left the company's core operations adrift. Jean Fugett, a former pro footballer who was Reg's half brother and his handpicked successor, continued the hunt for deals. In the meantime Beatrice was hit by a roiling European recession in 1992 and a rapid erosion of market share, profits and cash. In the middle of this tumult, Fugett hatched a takeover bid for the Baltimore Orioles baseball team. With Beatrice's big shareholders in revolt, Lewis made...
Visotzky would smile. Perhaps more so than Moyers, he is, from personal experience, the Living Conversation's true believer. His initial group has spawned a successor, run by a colleague. He himself has moderated shorter programs with executives and a variety of others. Next week he will remarry: members of the original conversations will attend the wedding. The point, he says, "isn't so much about belief as about whether you're willing to take the risk of study. Study leads to conversation, and conversation leads to community, and that's what we're desperate...
...keeping Whitewater issues quiet. In a TV interview with Jim Lehrer of the Public Broadcasting System, the President was asked about possible pardons for Jim and Susan McDougal, onetime owners of Madison Guaranty and co-investors with the Clintons in Whitewater, and Jim Guy Tucker, Bill Clinton's successor as Governor of Arkansas. All three have been convicted of fraud in cases brought by Kenneth Starr, the Whitewater special prosecutor. Clinton replied, "I've given no consideration" to pardons; then he described in some detail the procedure he would follow if he did. That struck some columnists as dangling...
...that there was no such thing as the Establishment. If so, it was Bundy as much as anyone who brought about the end of an era in which foreign policy was entrusted to a noble club of gentlemen secure in their common outlook and bonds of trust. As his successor Walt Rostow recalled thinking at the end of the 1968 meeting of elders that Bundy helped convene, "The American establishment is dead...
...successor to Edberg's unassuming legacy is Pete Sampras. His story is what defined the Open...