Word: accountant
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...would have stopped the dryer automatically if it began to vibrate excessively, but had declined to install the device on the dryer because of the cost. Oddly, in this case the actual award, $1,260,000, exceeded the figure usually quoted, but the lawyers point out that the common account of the case ignores the dryer manufacturer's failure to install the protective device...
...time, however, was taken up trying to trace the Marcos fortune. Jovito Salonga, head of the Good Government Commission, charged with recouping Marcos' hidden wealth, has estimated the deposed leader's assets at between $5 billion and $10 billion. Some $800 million is located in a Swiss bank account. Approximately $350 million more is apparently tied up in five New York properties, including Manhattan's Crown Building and Lindenmere, a Long Island estate. In Texas, Marcos allegedly controls $13 million worth of property in Tarrant County, and has parcels of land valued at $19.2 million in Corpus Christi. It appears...
...ideas. We have a consultation group, the Cartagena Group, that has pointed out the problems and indicated that they cannot be dealt with on the basis of purely commercial or business criteria, and that since the fate of many nations is at stake, political criteria should be taken into account. I believe such ideas are gradually gaining acceptance. For example, what has been called the Baker Plan[*] is based on the idea that there can be no solution to the debt problem without economic growth. This is a very important idea. What is now needed is to give it shape...
Despite the proximity of the two countries, differences between them far outweigh similarities. Discontent in South Korea has just begun to surface. And although Cardinal Kim's words may carry moral weight, Roman Catholics account for less than 5% of the South Korean population, while some 85% of Filipinos are Catholic. The Philippine economy had been ravaged by the inept and corrupt bungling of Marcos and his cronies, but South Korean business has thrived under Chun. The former army general also continues to enjoy the support of a strong military...
...Reagan Administration was simply not up to the exquisite talents of David Stockman. In five years as Director of the Office of Management and Budget, he strode through the corridors of power thwarted, in his account, by political nincompoops who never grasped what policy was all about. He has hardly met another presidential aide he did not disdain. He labored unsuccessfully to educate a dotty President in the fundamentals of economics, only to have poor Ronald Reagan ignore "the palpable, relevant facts" and wander in circles...