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(FORTUNE Magazine) – NEWTON MINOW, 63, former FCC chairman and a director of Sara Lee, CBS, and other companies, on what he says is the typical CEO's fear of takeover that has distracted him from managing for the long term: ''In business, we've become a country of one-night stands.'' JOHN O. NORQUIST, 40, mayor of Milwaukee, on his fiscal policies, which include paying cash more often than borrowing to finance city improvements: ''We follow the International Monetary Fund's guidelines for Argentina.'' LEON COOPERMAN, 46, a partner at Goldman Sachs, on what investors get from stock splits that don't include an increase in the cash dividend: ''It's like giving somebody five singles for a $5 bill. You've got a thicker billfold, but it has no economic significance whatsoever.'' |
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