The sudden and simultaneous resignation of six directors from the board of a big corporation is a pretty good sign that somewhere the gears are clashing. Not so with Manhattan's Madison Square Garden Corp.or so said resigning Board Chairman Bernard Gimbel last week when he and his old friend and fellow director, James Dougan Norris, fistfight promoter extraordinary, parted financial company.
A longtime fight fan, and an amateur boxer himself in his younger days, Department Store Magnate Gimbel, 70. had served on the Garden board for 25 years, been its chairman for ten. But...
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