Management purposefully and successfully used the leveraged recapitalization as a watershed event, creating a crisis that disrupted the status quo and promoted internal change, which included establishing a new objective, changing compensation systems, and reorganizing manufacturing and capital budgeting processes.
The Case of the Death of Vincent Foster by David Martin all rights reserved In this and like communities, public sentiment is everything. With public sentiment, nothing can fail; without it, nothing can succeed.
Consequently, he who moulds public sentiment goes deeper than he who enacts statutes or pronounces decisions. The combat of the individual against society, truth against deception, is specific neither to France nor to the end of the nineteenth century.
That is the challenging "compare and contrast" essay question that we never had enough time to do full justice to on final exams.
Our only regret is that our professors seemed to leave almost all such analysis to callow students, engaging in much too little of it in their all-too-linear lectures.
To demonstrate the strength of the "compare and contrast" method in elucidating history, I propose herewith to apply it to the Dreyfus Affair, which began with the arrest of Captain Alfred Dreyfus in France on suspicion of treason in October ofand the Vincent Foster case, which began with the discovery of the deputy White House counsel's body almost a hundred years later, on July 20, As the Dreyfus Affair disrupted France, the Foster death, and its handling by the authorities, has shown signs that it will haunt the U.
Perhaps too much has been made of the relationship between the official framing of Captain Dreyfus and French anti-Semitism. By regarding it so, we are able to distance ourselves from it, treating it as just one more example of the irrational behavior that mindless bigotry can engender or, alternatively, we are tempted to dismiss it as an episode which has been kept alive in history by the same powerful and influential people who keep reminding us of our collective guilt for allowing the Holocaust.
In either case we would be greatly in error. It is indeed true that Dreyfus was a relatively low-level, anonymous officer in the French army, and mistakes and miscarriages in the imperfect world of jurisprudence, especially military jurisprudence, happen all the time.
But the way in which the case unfolded--and unraveled--did in fact almost tear France apart, actively polarizing virtually the entire society in ways seldom experienced in any country except on occasion during the prosecution of an unpopular war.
It may have started as a relatively small case, but it grew into a gigantic affair, "one of the great commotions of history,"  for the same reason that the Foster case has the potential to do the same.
The French government, and virtually the entire French ruling establishment, including the press, put its prestige on the line in defense of a blatant injustice, an eventually provable lie.
The fact that Dreyfus was Jewish was no more than incidental to the original suspicion.
An act of treason had demonstrably taken place. Pressure mounted quickly to find the guilty party. German espionage success had been a major contributing factor in the humiliating defeat in the Franco-Prussian War.
The country was already beset with a general paranoia. The stab-in-the-back explanation for military defeat after World War I was not original with the Germans.
Now, a document divulging military secrets was discovered en route to the traditional enemy. Dreyfus was in a position, or at least almost so, to have been the sender, and he seemed just the right type of quiet, unsociable, stiff, cold, generally disliked person to be capable of the dastardly deed.
That he was of an ethnic group generally suspected of being insufficiently loyal to Mother France was just one more factor persuading the military accusers of Dreyfus' guilt, and some of his key accusers were indeed openly and fiercely anti-Semitic.
We can best relate to the situation, however, by recognizing that Jews in France at the time were among the demons du jour, along with Germans, foreigners in general, and Freemasons, much like our current ruling establishment has its militia members, far-right Christian extremists, and even angry white males.
Convinced though they were of his guilt, they were not convinced they could convict him in an open court with the evidence in hand.reducing investment in working capital through enhancing operational processes (in payables, receivables and stock at Barclays UK Banking.
[email protected] regardbouddhiste.com Box 1. Sealed Air case study In Sealed Air Incorporated underwent a dramatic leveraged recapitalisation. As a leading global manufacturer of packaging.
Get the latest Sealed Air news, press releases and stories. NYS Multiple Dwelling Law, TenantNet(tm) -- the Online Resource for Residential Tenants Rights. One reason that Sealed Air's stock was "undervalued" was because the company was generating "free cash flow".
Free cash flow in excess of that required to fund all the company's positive net present value investment opportunities.
Oct 02, · This CEO of a leading packaging company knows how to squeeze carbon out of a business. Here are his secrets. Jerome Peribere, President and CEO, Sealed Air I. Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more.