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TIME: Almanac 1990s
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1994-03-25
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<text id=89TT0222>
<title>
Jan. 23, 1989: Business Notes:Management
</title>
<history>
TIME--The Weekly Newsmagazine--1989
Jan. 23, 1989 Barbara Bush:The Silver Fox
</history>
<article>
<source>Time Magazine</source>
<hdr>
BUSINESS, Page 47
Business Notes
MANAGEMENT
Shining Up A Bad Apple
</hdr><body>
<p> What better way to police a company than to sign up a former
top cop? Wall Street's Drexel Burnham Lambert, which agreed last
month to settle criminal-fraud charges, plans to hire a new
chairman for its holding company. Drexel's choice to succeed
Robert Linton: John Shad, the U.S. Ambassador to the Netherlands
and former head of the Securities and Exchange Commission.
Drexel is also recruiting trade consultant Roderick Hills,
another former SEC chief, to serve on the firm's board. Neither
had formally accepted by week's end.
</p>
</body></article>
</text>