Word: thats
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Dates: during 1980-1989
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The Saatchis soon learned that bulk can have its downside. Many advertisers objected to being crowded into the same corporate tent with rival products. Colgate-Palmolive, Procter & Gamble, Warner-Lambert and other major firms have pulled nearly $600 million worth of accounts from Saatchi-owned agencies since 1986.
Maurice finally sounded a tocsin last March, warning that profits would decline for at least the first half of 1989. He also announced plans to sell off much of the firm's $360 million consulting investment. Calling the move "ham-handed," Alan Gottesman, an advertising analyst at the Paine Webber...
More pain probably lies ahead. Louis-Dreyfus has his work cut out for him -- and a compensation package geared to inspire success. On top of a reported salary of $785,000, Louis-Dreyfus will control stock options worth at least $3 million. That value will rise substantially if he does...
From his prison quarters in South Africa's wine-producing region near Paarl, Nelson Mandela has been conducting a quiet diplomatic campaign. Last July he accepted an invitation from his adversary, former President P.W. Botha, for a historic face-to-face meeting. Mandela has since received a series of visitors...
Not all of Mandela's A.N.C. comrades were pleased by the exchange. Many were similarly disgruntled over the July meeting with Botha, an encounter of less import, considering that Botha was a lame duck. Some A.N.C. members seem to object to Mandela's taking a supreme role in the organization...