Word: warrens
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Dates: during 1980-1989
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...snags: Where was Capital Cities going to get the money to buy the network? To help solve that problem, Murphy called in a longtime friend, Warren Buffett, 54, a soft-spoken and secretive investor from Omaha. Buffett, who owns 41% of Berkshire Hathaway, a diversified investment firm, is an old hand at deals involving communications companies, but he acknowledges his friend's expertise too. As he told TIME last week, "Murph needs an adviser like Carl Lewis needs a tail wind." Berkshire Hathaway currently owns 13% of < the Washington Post Co., 8% of Affiliated Publications, whose flagship property...
After poisonous vapors spewed from a Union Carbide pesticide plant in Bhopal, India, last December, killing some 2,000 people and injuring another 200,000, Chairman Warren Anderson flew halfway around the world to make a dramatic appearance at the site, promising to find out what had gone wrong. Last week, at a press briefing near the company's Danbury, Conn., headquarters, he made good his promise. The world's worst industrial accident had been caused, he said, by gross violations of established safety procedures. "That plant," Anderson declared, "should not have been operating...
...models in 1988, will employ 6,000. So far, 24 Governors, along with dozens of city officials and local business groups, have besought GM to award them the plant. Last week, for example, New York's Governor Mario Cuomo made a personal pilgrimage to GM's Technical Center in Warren, Mich., to present company officials with one of his state's bright orange-and-blue license plates, bearing the name SATURN...
...more than a decade the Justices of the U.S. Supreme Court have been complaining that they are overworked, and Chief Justice Warren Burger has recently renewed his call for a national appeals court to help relieve the burden. But is the work load really so heavy? Well, yes, answer a bevy of new scholarly articles, but the fault lies with the Justices...
Senators last week laid part of the blame for the proliferation of money laundering on Comptroller of the Currency C. Todd Conover, whose agency helps monitor national banks. Declared New Hampshire Republican Warren Rudman: "The record of enforcement for this act has been nothing short of abysmal." Conover, who plans to leave office soon, claimed that the federal examiners who gave Bank of Boston its annual inspection three years ago were simply ignorant of the cash-reporting...