Word: workers
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Dates: during 1980-1989
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...Wilshire Boulevard by 4:30 a.m. each day in a chauffeur- driven Mercedes, Milken holds forth in a trading room the size of a basketball court. He has no private office, preferring to sit at one of three huge, X- shaped desks, where 30 bond traders and other workers shout into telephones and scramble to execute the orders that he barks out or scrawls on yellow legal pads. On the computer terminal next to his, a co-worker has posted a sign reading MENTAL ILLNESS IS ESSENTIAL TO SUCCESS...
...labor. Its opponents are either stupid or unpatriotic. Actually, "capitalism" is a system where power is concentrated in the hands of a relatively small number of multinational corporations. The tax code and the structure of the economy are used as tools to exploit the average worker and to benefit the wealthy. Control of property and essential resources are left to private businessmen and self-interested merchants. This system should be called ECONOMIC VIOLENCE...
Under the guns, Rangoon is returning to normal, at least on the surface. Stores are open, tea shops are busy, and hopelessly overcrowded buses lumber unsteadily through the streets. But the mood is sullen. "We are like a dormant volcano: calm on the outside, boiling inside," says a government worker. A group of monks has circulated a leaflet calling for a peaceful protest this week unless the generals set up an interim civilian government, and there were reports that some monks had been arrested. A 9-p.m.-to-4-a.m. curfew is strictly enforced. Prices have risen...
...meet its obligations, Manville must squeeze every possible dollar out of its sales of fiber-glass insulation, forest products and industrial goods. During its bankruptcy, Manville slashed costs and reduced its 26,000-worker payroll by 8,000 employees. The firm shut down its asbestos mine, trimmed money-losing subsidiaries, and sold its headquarters building near Denver...
Results: the company, which lost $45 million in 1985, made a $73 million profit in 1987. Stephens credits middle managers who helped run the company while top executives were working on the reorganization plan. But the spotlight is on the gung-ho Stephens, a onetime paper-mill worker who joined Manville nine years ago. As the company's chief financial officer, he was the architect of the reorganization and moved...