Word: trak
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...Nonetheless, some of Andersen's most prestigious and loyal clients - including pharmaceutical giant Merck, mortgage agency Freddie Mac and Delta Airlines - are canceling contracts. "There's such a drumbeat of departures that it may trigger a flow of clients they can't stop," says Richard Ossoff, publisher of Auditor-Trak, which follows the accounting industry. "The 'Big Four' is a potential outcome." This reality is not lost on Andersen's competitors. A senior employee at Deloitte & Touche says his firm is "going after Andersen companies dead...
Barkley's musings would be harsh were he not known for moments of self-flagellation. Last year, during an aborted comeback try, he castigated himself with weekly "Fat Trak" weigh-ins; he also takes noticeable delight when straight man Ernie Johnson gets in a shot at his expense. Barkley still looks miserable when discussing the end of his playing days, but he should take solace. He's an MVP of the airwaves...
...gamble on a discount pharmacy. The venture thrived and grew into the Dart drugstore chain, which the Hafts went on to parlay into a retailing conglomerate. With $1.2 billion in sales today and about 600 outlets in seven states, the Hafts' Dart Group, which includes Crown Books and Trak Auto stores, has kept the family in Range Rovers and Florida and California mansions and at charity balls. But now a family feud of operatic dimensions has erupted, threatening to undo all that the Hafts have worked so fiercely for. "Herbert is likely to burn everything down," says a gloomy insider...
...host of the Greater Boston Championships at the Gordon Indoor Track on Friday and Saturday, the Harvard men's and women's trak teams proved to be less than hospitable to their guests...
Flush with cash, Haft raised $250 million more in junk-bond financing for his Dart Group, which owns 262 Trak Auto and 212 Crown Books shops. Within a year, Dart mounted unsuccessful takeover campaigns for the May department stores, the Jack Eckerd drugstore chain and Beatrice. Profits on those raids: $13.2 million. The Hafts' biggest score came in October 1986, when the Safeway company paid Dart $59 million to go away, so that the chain's management could execute a $4.1 billion leveraged buyout of the firm. Dart's total take at the Safeway checkout stand: $137 million. Six months...