CORPORATIONS: Blues for Mr. Charlie

At the peak of his rambunctious form, Chairman Charles Bluhdorn of Gulf & Western Industries, one of the world's biggest conglomerates (1976 sales: $3.4 billion), is a curiously compulsive monologuist. Whether lolling with a weekend visitor by a sleepy lagoon outside his luxurious beach house, La Favorita, in the Dominican Republic or lecturing to an awed audience in his company's baronial headquarters suite overlooking Manhattan's Central Park, Bluhdorn fearlessly offers his forthright and often funny opinions on such disparate topics as acquisition strategy ("I want to buy things no one else...

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