Word: turnaround
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Dates: during 1990-1999
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...interstices of monetary flows. His best-known division, the Quantum Fund, is a so-called hedge fund that invests for rich clients. (See box.) The company itself has $18 billion in assets under management. It is also a vulture investor, taking positions in distressed companies in anticipation of a turnaround, and it is a part owner of businesses ranging from food companies to airlines. Soros has not actively managed the funds in years. That responsibility falls to Stanley Druckenmiller, who by most accounts has done brilliantly...
American business has had its share of imaginative entrepreneurs, malevolent bosses, boardroom plotters who hatch late-night coups, strategic decision makers who make disastrous turns and heroic turnaround artists who restore corporate glory with breakthrough thinking and messianic zeal. Generally, that would describe more than one person. But Jobs is a one-man miniseries of capitalism whose ratings are rising again. Within hours of the announcement, Apple stock soared 33% to $26.31. Sipping a celebratory water on the plane ride home, Jobs pointed out that people had been so shocked they missed the big news: Microsoft would be paying...
Self-promoting Visionless leader Greedy genius ($7 turnaround artiste dubs problems million severance). with short, dubious "fixable." Wrong Next challenge: the track record again 18th at Pebble Beach...
...said Commander James Halsell Jr., describing the armloads of experimental data (as well as space-grown spinach and clover) that his crew produced. "It was great to be up there and it's great to be home." Shuttle program manager Tommy Holloway added that after just an 84-day turnaround from its last, aborted mission, the revamped Columbia performed "in an absolutely exemplary manner, and I could not be happier." The intense focus of interest in the Canaveral press room, though, was the darkened and disabled Mir, at that moment spinning crazily in orbit with its three-man crew huddled...
...battle, Clinton seems to have the advantage. For one thing, a narrow plurality of the public say they have more confidence in Clinton than in congressional Republicans on the tax issue, according to a CNN/USA Today/Gallup poll released last week. Clinton's 43%-to-40% edge is a startling turnaround in comparison with shortly after the 1994 election, when the public that had handed control of Congress to the Republicans rated the party 22 points ahead of the President on handling the issue. The change partly reflects the verdict of most independent analysts, who say Clinton's measure...