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SURVEY SHOWS LEVERAGED BUYOUTS IN POSITIVE LIGHT
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With Michael Milken under indictment and the market for ``junk
bonds'' under water, ``leverage'' has become a four-letter word.
Corporate buyouts constructed on pyramids of debt, goes the
conventional wisdom, have weakened once mighty industries and
deprived Washington of billions in corporate income taxes.
The latter charge seems on target: Interest payments to banks
and bondholders, unlike dividends to stockholders, are tax-free to
corporations. But the idea that leverage inevitably transforms
aggressive, innovative companies into myopic, cash-starved basket
cases is far from ...
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In rash of retirements, Penney loses top execs.(Randy Ronning, David Evans, Donald McKay)(Brief Article)
Magazine article from: Home Textiles Today
; ...division during his 28-year career with the company. Robert Cavanaugh has been elected executive vp, cfo. He succeeds Donald McKay, who also retired Dec. 31. Cavanaugh most recently was cfo of Eckerd, which is owned by Penney.
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Donald A. McKay of J.C. Penney Co. to Chair Private Sector Council's Chief Financial Officers Task Force.
PR Newswire
; ...Sector Council (PSC) appointed Donald A. McKay, Executive Vice President and Chief...government efficiency and productivity. McKay first joined PSC as J.C. Penney...PSC Board of Directors in 1997. McKay began his career at J.C. Penney...
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 "Telegram & Gazette (Worcester, MA)")
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Donald W. McKay, 59.(DEATHS)
Newspaper article from: Telegram & Gazette (Worcester, MA)
; STANDISH, ME Donald W. McKay, 59, of Standish, Maine died on March...son of Alexander & Marguerite McKay. He grew up in Woodcliff Lake, New...wife of 37 years, Cathleen Carlsen McKay; 4 sons, Robert of Gilmanton, NH...
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MCAA former president urges 'total system responsibility.' (Mechanical Contractors Association of America, Donald A. McKay)
Magazine article from: Air Conditioning, Heating & Refrigeration News
; ...contractors from around the country, Donald A. McKay, immediate past president of the...owners, and construction managers. McKay addressed the Subcontractor Relations...annual convention. Following are McKay's comments from MCAA: Today we...
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Live Review: Mary MacMaster and Donald Hay / Catriona McKay and Chris Stout
Newspaper article from: The Scotsman
; ...MUSIC MARY MACMASTER & DONALD HAY/CATRIONA MCKAY & CHRIS STOUT, MERCHISTON...EDINBURGH **** CATRIONA McKay and Shetland fiddler...Stout's fiddle and McKay's (borrowed) harp...s harping alongside Donald Hay's imposing, but...
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 "Portland Press Herald (Maine)")
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MCKAY, DONALD W.
Newspaper article from: Portland Press Herald (Maine)
; Portland Press Herald (Maine) 03-08-2007 MCKAY, DONALD W. Edition: Final Section: Local & State Column: Services and Visiting Hours MCKAY, DONALD W. - 59, of Standish, March 3, 2007. Memorial...
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Competence of accused killer comes into play ; Kristian McKay of Standish may enter an insanity plea on charges of killing his father, his attorney says.
Newspaper article from: Portland Press Herald (Maine)
; ...murdering his 60-year-old father, Donald McKay, March 3. But instead of entering...treat him," LeBrasseur said. Donald McKay was a real estate broker who moved...grandson's basketball game. Donald McKay was fixing himself a hot dog when...
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McKay pleads insanity in father's death ; Prosecutors agree, and the Standish man who stabbed his dad is sent to Riverview Psychiatric Center.
Newspaper article from: Portland Press Herald (Maine)
; ...Section: Local & State Kristian McKay, the Standish man charged with killing...in Augusta. State prosecutors and McKay's lawyer agreed that he was in...state when he stabbed his father, Donald McKay, in the family's kitchen on March...
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Larry R. McKay
Newspaper article from: The Patriot Ledger Quincy, MA
; ...Brandon R. McKay of Canton; his mother, Stella A. (Rogers) McKay of Dorchester; his former wife, Milissa (Pasquarosa) McKay of Canton; three brothers, Donald McKay and John McKay, both of Braintree, and Gary McKay of Upton; a sister...
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In stabbing's wake, a mom fears clues were missed ; Kristian McKay seemed to improve after a psychotic episode - until on a day of 'darkness,' he allegedly killed his father.
Newspaper article from: Portland Press Herald (Maine)
; ...has not been involved in Kristian McKay's treatment. "There are some...for better outcomes." Kristian McKay is being held without bail at the...mental disease. A SUPPORTIVE FAMILY Donald McKay met Cathleen Carlsen when they were...
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