Word: flak
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Dates: during 1980-1989
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...company might buy up to 49.9% of Warner's stock. Later in the week Murdoch notified the Securities and Exchange Commission that he might wage a proxy fight to "influence the managment or acquire control of the company." At Warner's Manhattan headquarters, executives quickly donned flak jackets for a takeover battle...
...date set for its public release kept slipping. Press briefings were promised, then canceled. Finally, with no advance notice, President Reagan stepped into a largely empty White House briefing room and stole some of the report's expected thunder. With his flak for drama, Reagan announced, "If there is to be blame, it properly rests here in this office and with this President. I accept responsibility for the bad as well as the good...
...decisions have paid off spectacularly. Over a period of three years beginning in 1979, Capital Guardian bought 10 million shares of Ford Motor, even though the price of the stock was diving from the 40s to a low of 16. Says Kirby: "We took a lot of flak from clients for buying a stock that was headed south." But when Ford bounced back to the low 60s last year, Capital Guardian earned a $300 million windfall. Sometimes it takes as much nerve to "argue with the market," observes Kirby, as it does to climb behind the wheel of a racer...
...that video is a form of communication. Why not use every means of communication available?" Joel has communicated extremely well-his videos are among the genre's most elaborate and effective-but his new commitment to the form, as well as his excellence at it, shows the flak of a born survivor. It is not necessary to be a pioneer, as David Bowie was when he started making videos back in the early '70s. It is only necessary to know that at the moment, and likely for the future, hearing a song will be fine, but only seeing...
When two U.S. Navy attack planes were downed during last week's raid on Syrian missile positions, Pentagon officials quickly ran into some heavy flak at home about what had gone wrong. In Washington and elsewhere critics demanded to know why the U.S. had suffered such humiliating losses in a single mission, especially when the Israelis have for years conducted similar sorties in the region virtually unscathed...