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By STAFF Michael Rogers, Patricia Sellers, H. John Steinbreder, Daniel P. Wiener, and Ford S. Worthy

(FORTUNE Magazine) – T. BOONE PICKENS, 58, on how his newly founded lobbying group, United Shareholders Association, will operate: ''We will call attention to specific examples of management entrenchment and shareholder rip-offs. We will be kicking butts and taking names. We're going to phase out the good ol' boys.'' FINN M.W. CASPERSEN, 44, chairman of Beneficial Corp., about the company's $460-million loss on a new reinsurance venture: ''We got taken to the cleaners.'' NEWTON RUSSELL, 59, a Republican state senator, after the California legislature passed a measure requiring the state to divest stocks in companies doing business with South Africa: ''Basically, what we have accomplished is that we salved our conscience.''