Word: tisch
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...grim day for CBS chief executive Laurence Tisch. News writers were on strike against his network; employees were up in arms over another round of layoffs; criticism in the press was mounting. Now, on this March morning in 1987, Tisch opened his New York Times to see an op-ed piece signed by none other than Dan Rather, bitterly attacking the Tisch-instigated news cutbacks. The Washington Post offered yet another litany of complaints from news staffers about the cost cutting...
...confident. Warren Buffett, the Wall Street legend who in a lifetime has turned $9,000 into more than $3 billion, recently bought major stakes in troubled industries. He invested an estimated $250 million in Wells Fargo & Co. and $300 million in Champion International, a paper-products company. Laurence Tisch and his family-controlled Loews Corp. have sunk hundreds of millions of dollars into Bank of Boston and Continental Bank. Concludes security analyst Bruce Benteman, who tracks the nation's wealthiest stock pickers: "Everyone thinks our problems in banking and real estate are worse than they've ever been...
...dictators. But here the big story and intrigue are inside TV itself -- the takeover of a network very much like CBS, where Katz was executive producer of the Morning News from 1983 to 1985. The corporate raider is compounded in equal measure of Donald Trump, CBS chief executive Laurence Tisch and a handful of other hardball players from the headlines. Katz's hero is a work-obsessed producer who undergoes a classic mid-life crisis in which he questions the value of ambition, propositions a female colleague, visits a prostitute, loses his job and realizes that there is more...
...Berlin courtroom, Tisch, who once reveled in the limelight alongside East German head of state Erich Honecker, spoke in a barely audible voice and stared straight ahead with rheumy, vacant eyes. Defense attorneys said he had suffered a stroke, but the judge ruled that the trial should...
...with issuing illegal shoot-to-kill orders to border guards, Honecker has avoided arrest by taking refuge in a military hospital outside Berlin. Several other former leaders are also under investigation, but most of them are elderly or ailing. With public resentment fading in the euphoria of German unity, Tisch could end up being the only one to face trial...