Word: manhattanization
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...alone, partly because its opponents were bumbling latecomers to the world of leveraged buy- outs. Johnson's Wall Street advisers, who included the giant firms Shearson Lehman Hutton and Salomon Brothers, sometimes carried on like the Keystone Kops. At one point, lawyers carrying a Johnson offer became stuck in Manhattan traffic moments before the bid was due. In desperation, they leaped from their cab and raced the remaining two blocks on foot, arriving breathless and embarrassingly late. Said a disgusted RJR director: "This is the gang that couldn't shoot straight...
...Holy Thursday in 1968 that Ritter abandoned the comfortable life of a chaplain and a professor of theology at Manhattan College for the mean streets of the city's Lower East Side. Challenged by a student to practice the good works he preached, Ritter responded with a colorful act of muscular Christianity: he paid $50 to a couple of toughs to scare drug dealers into vacating their apartments. He used the space to house homeless children. Later he opened a shelter for runaways in a three-room hovel on East Seventh Street and solicited money to help the hundreds...
...with Ritter after the priest brought him from New Orleans to New York City in 1989. He also alleged that Ritter diverted up to $25,000 in Covenant House money to finance the affair. Ritter denies Kite's story, although he says he helped get Kite a scholarship at Manhattan College. Covenant House officials say they paid Kite's board at the college, gave him pocket money and bought him a computer. They also say a Covenant House contact in upstate New York provided Kite with papers that allowed him to take the identity of Tim Warner, a young...
...contributes little to the design and engineering. For all practical purposes, Oldsmobile is only a marketing division whose purpose is to sell cars made by BOC. "The responsibility for manufacturing a car is about as far from the people who sell it as you can possibly get," says Manhattan auto analyst Maryann Keller. "One of the most poignant things lost in the reorganization was the loyalty of individuals to brands. People missed being part of Olds and Buick, and it shows...
...also recycling what we learn: several firms in Manhattan have already called Wolmer to find out how to start their own programs. They will discover, as we did, that the campaign requires only a little extra effort, but the results are well worth...