Word: scratch
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Dates: during 1980-1989
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More than risky, it seems downright foolish to put an entire company on the line for no better reason than abject short-term greed; still, buyouts are popular among today's large-scale financiers, people who are no longer innovative entrepreneurs who build companies from scratch, but tricky accountants who raise dividends any way they can. Now, following the example of Ross Johnson, the chief executive officer of RJR who tried to take over the company for himself, they don't work for the stockholders--they work for themselves...
...Jasper Johns and other modern masters. From his Malibu beach house, he skims the Pacific in a 20-ft. speedboat. Like most self-made men, however, Geffen is consumed by his work. "My greatest fear is getting bored," he explains. "I'm always taking notes on the imaginary yellow scratch pad in my mind." Given the profit potential of his daydreams, his competitors might like to have a peek at the occasional carbon copy...
...example, Guo says that prior to the trip, he had absolutely no experience riding a bicycle. "I had only ridden a three-speed bike in Singapore when I was young, and I had to learn from scratch," he says. Guo became involved with Bike-Aid when he was asked to develop an ODN package to educate the riders about the issues. "After writing the package and thinking so much about what it meant, I decided I had to go on the ride to see how the knowledge was actually used," he says...
...quiet but key element in Bush's campaign, while Dukakis treated Jackson as an embarrassment, something he had to cope with, placate, keep a healthy distance from. This would lead him into his worst mistake, the renunciation of ideology, the attempt to build a middle constituency from scratch in the name of "competence." In effect, he fled his base instead of building...
...mention Princeton to Harvard Coach Bill Cleary and he'll scratch his head and mutter something about how those pesky Tigers always play the Crimson tough...