Word: thompson
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Dates: during 1980-1989
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...architect of Baldwin's growth was former President Morley Thompson, who began selling pianos door to door after graduating from the Harvard Business School in 1950. Thompson was a wizard at shifting corporate funds around to keep taxes low and raise cash for new purchases. In January 1978 Baldwin acquired United Corp., an investment firm, and in October 1981 the company shelled out $367 million for Sperry & Hutchinson, the Green Stamps business...
Troubles became clear last March, when Baldwin announced it was unable to pay $440 million in short-term debt. Baldwin negotiated a tide-me-over plan with its lenders, and Thompson was replaced in May by Victor Palmieri, the corporate-rescue specialist who had revived Penn Central. Said Palmieri last week: "Things at Baldwin were more confused than anyone could have imagined. A video-game designer would have had a hard time matching the company's organization chart...
Reported by Dorothy Ferenbaugh/New York, J. Madeleine Nash/Chicago and Dick Thompson/ San Francisco
...friends were often famous, like Dorothy Thompson and Clare Boothe Luce. As she recalls life with the smart set, Hobson falls into a modish, woman's magazine tone in which even problems sound like boons. In 1942 her idea of dire indebtedness was owing rent to the Vincent Astor offices for her East Side apartment and a clothing tab to Bergdorf s. For all her social concern, political events are sometimes invoked as if they were backdrops for her personal dramas, as in a rendezvous with Ingersoll: "When he arrived, my rehearsed words went out the window...
...Already 1Ls and 2Ls are experiencing the contradictions and hypocrisies in the pronouncements and actions of the Harvard Law School Administration. They are learning rapidly. The Law School still has time. We are watching and waiting. Ibrahm Gassama, Third World Coalition Muhammad Kenyatta, president, 1982-83 Harvard BLSA Tony Thompson, President, 1983-84 Harvard BLSA Donald Christopher Tyler, Black Student Coalition of Harvard University