Word: years
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Dates: during 1980-1989
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From 1982 to 1986, Saatchi & Saatchi revenues increased more than elevenfold, from $62 million to $697 million. In 1986, with the $450 million purchase of the Ted Bates agency, the brothers reached their avowed goal: Saatchi & Saatchi was the world's biggest ad firm. By last year, their client billings had reached $13.5 billion (runner-up Interpublic billed $8.4 billion), and the company had offices in 58 countries...
Saatchi management launched an overall restructuring program. Starting last spring, more than 800 corporate employees lost their jobs. Plans were laid to close corporate offices in Washington and to trim operations in New York City and in London, where the corporate staff last year moved into a glossy new global headquarters on sedate Berkeley Square. In addition, five of the firm's twelve directors left. As rumors of further shake-ups spread, Carl Spielvogel offered in July to buy the Backer Spielvogel Bates network. Charles Saatchi declined...
...Nelson Mandela has been conducting a quiet diplomatic campaign. Last July he accepted an invitation from his adversary, former President P.W. Botha, for a historic face-to-face meeting. Mandela has since received a series of visitors at the Victor Verster Prison Farm, where he is serving his 26th year of a life sentence for plotting to overthrow white rule. Most of his powwows have been with leaders of rival antigovernment groups. But last week Mandela, 71, a leader of the banned African National Congress (A.N.C.), traveled under escort 30 miles to Cape Town for his first meeting with Botha...
...Kobie Coetsee said the two men explored "ways and means to address the current obstacles in the way of meaningful dialogue." The government did not say when it might release Mandela, muting hopes of a Christmas homecoming, but Coetsee said De Klerk wants to resume talks with Mandela next year...
...likely to regret that Sakharov's prophetic voice has been silenced. Despite their differences, the two men had managed to carry on something resembling a dialogue amid all the clamor at the Congress. Seven months have passed since the new parliament held its first meeting, more than half a year in which political change has outpaced progress in solving economic problems and ethnic tensions. At times last week, Moscow's maestro tried to orchestrate the debate, cutting off talk with a curt "That's all." Still, plenty of sour notes were struck. The Armenian delegation stormed out in protest, radical...