Word: began
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Dates: during 1980-1989
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...tiff began with a minuet over which man would pay the first high- profile private visit to China since the massacre outside Tiananmen Square. Kissinger had planned to address a Beijing conference on foreign investment in October. But he called off the trip in September after the Wall Street Journal published an account of his business deals, which include a $75 million partnership called China Ventures. Three weeks later, Nixon began his excursion to Beijing. After he arrived, an aide released a background paper pointing out that Nixon had no Chinese business interests. Though the document named no names, some...
...however, investors grew nervous as the Saatchis began building a new kingdom in the consulting business. The move continued the company's record of steep revenue growth through acquisition. During 1988 alone, the company purchased 17 consulting firms, branching out into such new areas as market research and executive recruiting...
...Saatchi & Saatchi wandered afield, its management seemed to become increasingly inept. The company's debt swelled to $250 million while costs mounted unchecked. At the consulting firms, key managers, skeptical about whether their operations could thrive in the Saatchi confederacy, began to quit...
...Alan Gottesman, an advertising analyst at the Paine Webber brokerage firm, noted that Maurice "managed to depress morale and performance in the consulting arm at the same time that he was letting potential buyers know they could pick up the firms at a discount." Fearing a messy auction, clients began to switch to other consulting agencies. So far, only three of the smaller agencies have been sold, for a total of $38 million...
Still, it is the classic clash of man against nature that has inspired the most interest. The journey began smoothly on July 27, when the six explorers, 36 dogs and three sleds, each loaded with nearly 450 kg (1,000 lbs.) of food and gear, left the base of the Seal Nunataks mountains and started gliding across the Antarctic Peninsula. But Antarctica's ferocity proved to be stunning. Although it is now summer there, windblown snow has produced near- zero visibility, and frozen drifts have periodically caused the heavily < laden sleds to tip over...