Word: welched
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Dates: during 1990-1999
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...embarked on a series of American-style cost-cutting programs that reduced the work force by some 20,000 and the number of operating businesses from 35 to 23, earning himself the nickname "Neutron Juergen," in honor of General Electric's famous cost cutter "Neutron Jack" Welch...
What do corporate chiefs know about the market? Individually, very little. Star honchos like Jack Welch at General Electric and Bill Gates at Microsoft can't time the Dow any better than the Beardstown Ladies. But they clearly know more about their own companies than anyone on Wall Street. So their actions as a group say something about the market as a whole. That's why analysts monitor things like insider stock transactions, new stock offerings and corporate stock buybacks. Even for wealthy CEOs, the object is to buy low and sell high, whether in managing the company's coffers...
...Toni Morrison, Ralph Nader, Mike Nichols, Edward James Olmos, Jane Pauley, Dan Rather, Donna Rice, Leni Riefenstahl, Molly Ringwald, Mickey Rooney, Mort Sahl, Diane Sawyer, Claudia Schiffer, Arthur Schlesinger Jr., Sargent Shriver, Steven Spielberg, Kerri Strug, Cheryl Tiegs, Laurence Tisch, Donald Trump, Peter Ueberroth, Paul Volcker, Andrew Weil, Raquel Welch and William Westmoreland...
...dine with those two powerful heads of state--lent the evening an illusion of invulnerability: that all is right in the world because all is right at this moment. There was the President, charming and being charmed by the bicoastal Masters of the Universe: Steven Spielberg, Barry Diller, Jack Welch, Warren Buffett, Tom Hanks, Ralph Lauren, John F. Kennedy Jr., Tina Brown, Anna Wintour, Barbara Walters, Peter Jennings. Bad luck seemed as far away as it must have seemed in the ballroom of the Titanic. How can anything be wrong when Stevie Wonder and Sir Elton John have come...
...both Stone and Welch say their clientele is loyal and will not desert the mom-and-pop coffee houses for the franchise...