Word: wilbur
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...week the firm hopes to persuade Citibank and other major lenders to roll over $2.3 billion of loans. But even if the creditors agree, the Canadian company must put its U.S. retail operations on a sound financial footing by taking drastic steps to trim costs and sell properties. Observes Wilbur Ross, senior managing director of the Wall Street firm Rothschild Inc. and an adviser to Federated bondholders: "The Campeau people have to get all the pieces together at once to solve this problem. The stores can get by in the period after Christmas, but they cannot go without spring merchandise...
...that "Notre Avenir est dans l'air ((Our Future is in the air))," one remembers that the two men liked to wear mechanics' clothes and compare themselves to the Wright brothers, who had given flying shows in Paris in 1908, and that Picasso's nickname for Braque was "Wilbourg" -- Wilbur.) It is difficult, subtle, cerebral and on the whole quite unspectacular art, brimming with an inventiveness that, simply because it has become so embedded in our very conception of modernity, can sometimes be quite difficult to see in its true quality...
...leveraged buyouts place enormous strains on even the largest corporations. While all debt-laden acquisitions are risky, LBOs replace the stock on corporate balance sheets with loans that must be repaid, leaving executives with little room for error. "Running an LBO is different from running other companies," says Wilbur Ross, a senior managing director of Rothschild Inc., a New York City investment firm. "The reaction time at LBO companies has got to be a lot quicker, because they must generate cash fast enough to beat those interest-payment deadlines...
...WILBUR K. JORDAN (1943-1960)--All courses are made coeducational, except for some of the large freshman courses, which remain segregated for several more years...
Congressman Wilbur Mills, who starred with stripper Fanne Fox at the Tidal Basin in 1974, is a recent prodigal of drink. Many others preceded him. John Quincy Adams complained mightily about House Speaker Henry Clay's roaring drunks abroad in 1814, when they were there for the Treaty of Ghent, ending...