Word: stakes
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Dates: during 1990-1990
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American Express has tried for months to sell part of its 60% stake in the firm. The financial giant even talked with Sanford Weill, the former head of Shearson who sold the brokerage to American Express in 1981. Finally, with no buyers in sight, Chief Executive James Robinson announced last week that American Express would purchase the rest of Shearson from shareholders in a stock-swap deal valued at $350 million. The parent company plans to cut its losses by rapidly shrinking its subsidiary. Last week it began laying off 2,000 of Shearson's 35,500 employees...
...jungle of people, alienated, disaffected, with no stake in American culture, threaten our capacity as a nation," Enterprise Foundation Chair James W. Rouse told approximately 100 people last night in a speech titled "How Big a Priority for the Nation is Housing the Homeless and the Poor...
...Corporation, an independent agency that polices the banking industry. But a separate panel called the RTC Oversight Board, which is chaired by Treasury Secretary Nicholas Brady, decides RTC policy and controls its funding. Congress agreed to give the Treasury a role so that the Administration would have a major stake in the bailout, but dividing responsibility has prompted feuding between the Treasury and the FDIC. "It is a perfect setup for blaming someone else," complains Seidman...
...This referendum will not only affect Puerto Ricans but all Americans, and we feel that it is extremely important that people realize the issues at stake," said Teresita Riera-Carrion '92, president of La Organizacion. "Puerto Rico could become the 51st state overnight, and too many people around here don't even know that Puerto Ricans are U.S. citizens...
...situation in English demonstrates that there is more at stake now than the careers of a handful of young faculty members. At a time when the number of Ph.D.'s is declining and the number of faculty retirements is on the rise, the ability of the University to remain in the forefront of academia is threatened...