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Most recently, the investment giant MorganStanley & Company revealed that it was eliminating50 of its 800 investment banking jobs. In pastweeks, similar announcements have been made byPaine Webber Inc. and Shearson Lehman, two of thenations largest investment firms...
...would be shortsighted to ignore the experience of economic development in the U.S.," Gorbachev told the visiting businessmen. The changing mood in Moscow was enough to inspire one American participant, Paine Webber chairman Donald Marron, to declare, "Capitalism is coming to the Soviet Union...
...could turn the city's boom to bust. Gaming experts point out that such mega-resorts as the Mirage and Excalibur have attracted gamblers away from the older casinos, where wagering has slowed. But many Wall Street analysts believe Las Vegas will easily absorb the new hotels. Says Paine Webber's Lee Isgur: "Basically, Las Vegas is the entertainment capital of the world. As they put in more resorts, more people will use Las Vegas as a vacation spot." That could prove particularly true now that gamblers from Japan and other Pacific Rim countries have begun flocking to the city...
...PresidentsHenry Dunster 1640-1654Charles Chauncy 1654-1672Leonard Hoar 1672-1675Urian Oakes 1675-1681John Rogers 1682-1684Increase Mather 1685-1701John Leverett 1708-1724Benjamin Wadsworth 1725-1737Edward Holyoke 1737-1769Samuel Locke 1770-1773Samuel Langdon 1774-1780Joseph Willard 1781-1804Samuel Webber 1806-1810John Thornton Kirkland 1810-1828Josiah Quincy 1829-1845Edward Everett 1846-1849Jared Sparks 1849-1853James Walker 1853-1860Cornelius Conway Felton 1860-1862Thomas Hill 1862-1868Charles William Eliot 1869-1909Abbott Lawrence Lowell 1909-1933James Bryant Conant 1933-1953Nathan Marsh Pusey...
...revenues from cable programming and operations, has endured a share-price decline of 32%, to 95 1/2, during the same period. "I would say the cable industry is at the North Pole now, a point from which all directions are south," says Alan Gottesman, a financial analyst for Paine Webber. Others are less pessimistic. "In the short term, there is a lot of regulatory uncertainty, but over the long term, cable is still a terrific business," contends John Mansell, who follows the industry for the research firm Paul Kagan Associates...