Word: texans
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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...
...statement, Tower called his fellow Texan "a true statesman...
Before casting his decisive veto in public, Nunn declared that Tower's "record of alcohol abuse cannot be ignored" and that he could find no evidence that the nominee had sought help to correct it. Nunn also judged some of the Texan's conduct with women to have been "indiscreet." Once again, a man's public career had been indelibly tainted by reckless personal behavior...
...least five Democrats to produce a 50-50 tie, which Vice President Quayle could break in Tower's favor. That also looks like a long shot. Aides at week's end could produce the names of only three or four Democratic Senators susceptible to conversion. Besides Tower's fellow Texan Lloyd Bentsen and Charles Robb of * Virginia, the list included such unlikely possibilities as Massachusetts' Edward Kennedy and Christopher Dodd of Connecticut. White House aides point out that Tower cast one of five votes against the censure of Dodd's father Thomas, who was charged with misuse of campaign funds...
...from 1983 to 1987, bitterly accuses congressional leaders of bowing to industry pressure. He claims that S & L lobbyists tried to coerce him by warning that his future career in the business would be ruined if he opposed them. One of the biggest defenders of S & L liberties was Texan Jim Wright, now Speaker of the House. Wright has been under investigation by the House Ethics Committee, which has been trying to determine whether he used "undue influence" in dealing with officials of the Bank Board...