Word: turmoils
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Dates: during 1990-1999
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Things are really nasty in Pleasantville these days. The Reader's Digest Association, best known for its pocket-size magazine, is in a state of protracted turmoil. The sputtering 76-year-old publisher founded to "inform, enrich, entertain and inspire people" has lately just incited a group of big-game-hunting shareholders, who want to see the Digest company restructured or sold. "This is a company that has been asleep," says Nell Minow, a principal of Lens, an activist Washington-based money manager with a substantial stake in the firm. "We are trying to bring them into the 20th century...
...hefty price in the form of bonus givebacks and the drop in the value of his shares. And he is unlikely ever to regain his crown as America's top-paid executive, because Green Tree has changed its compensation formula to make it less generous. Despite the recent turmoil, though, Coss will take home a pay package worth about $4 million for his work last year...
...century London, risking hanging if the law discovers him, all because he wants to see Henry Phipps, the young English gentleman he has "made" by sending money from abroad. Does that premise sound familiar? It will to those who have read Charles Dickens' Great Expectations and remember Pip's turmoil when he learns that his elevation in society has been financed by the fearsome felon Abel Magwitch. The novel being described here, however, is Peter Carey's Jack Maggs (Knopf; 306 pages; $24). What the dickens is Dickens' plot doing in Carey's new fiction...
...international body had been alarmed at Suharto's plan to peg the rupiah to the dollar, which would force up interest rates and bring even greater economic hardship to a nation already in the grip of mounting social turmoil. President Clinton on Friday called Suharto -- for the second time this month -- to urge him to comply with IMF requirements for the $43 billion bailout of Indonesia. "Suharto is sitting on a political volcano," says Van Voorst, "which is why it's not easy for the IMF to simply pull the plug on its promised bailout. The collapse of Indonesia...
Still, the Crimson wrestlers have seemed to transcend and adjust to their new situation quickly and easily. Harvard wrestlers are refusing to let the turmoil affect their concentration as they prepare to lock horns with Princeton and Springfield this Friday...