Word: texan
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...Washington insiders called him, was out of his element back East, uncomfortable in his father's shadow once again. Of the five Bush children, George, the eldest, had always been the most drawn to Dad's patterns of endeavor. What rebellion he waged was stylistic. He became the real Texan in the family -- chewing tobacco, using barnyard humor, settling in the state's western corner -- the one harboring what his aunt Nancy Ellis calls a "slightly outrageous streak...
While Pickens' bid for influence in Koito was viewed at first as just an isolated corporate raid, the canny Texan has managed to portray it as a symbolic campaign against Japanese investment barriers. As a result, he has gathered attention in both Tokyo and Washington, where experts fear that his exploits may aggravate trade tensions...
Pickens became Koito's largest stockholder last March, when his investment firm took over the shares (estimated cost: more than $800 million) from Kitaro Watanabe, a billionaire Japanese real estate speculator. In a project code- named Falcon, after Pickens' private jet, the Texan claims his goal is "to maximize the profits and value of Koito for all the shareholders." He asserts that Japanese companies put corporate interests before those of individual shareholders, notably by reinvesting profits in the company rather than increasing dividends...
...fiction to handle. But Humphrey skillfully balances the misery with the detachment of ancient family legend. The tale descends from a boy named Amos Ferguson, blue-eyed, a doctor's son, and a Cherokee. He survives the migration but, to save himself, lives out his life as a white Texan, the foster son of his father's murderer. Humphrey frames his story with intelligence and compassion, and the result is superb...
While Pickens is now Koito's largest shareholder, analysts doubt that the Texan can take over the company. Reason: most of Koito's shares lie firmly in the hands of corporate allies who rarely sell their holdings. Since Japanese companies are not allowed to own their own stock, Pickens might try to sell his stake to one of Koito's allies. The Texan claims he simply saw Koito as a company with potential for improvement. Says he: "We want to work with Koito. New blood often helps...