Word: accountants
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Dates: during 1970-1979
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...account...
...half proposal was put forward by Treasury Secretary W. Michael Blumenthal-unenthusiastically. The former chairman of Bendix Corp. at first sought to defend the expense-account lunch. But in a long session in the White House earlier this year, Blumenthal and his aides came away convinced that Carter's moral conviction compelled him to take action against what he believes to be an unjustified excess...
...expense-account meal stretches an executive's time by enabling him to conduct business over a lunch table, and the atmosphere in many restaurants, where both host and guest are on neutral turf and no phones ring, affords a more congenial setting for discussion than an office. In many companies, the expense account is also a perk for executives who have earned at least limited discretion over how they spend their time and the company's money. Manhattan Public Relations Man John Scanlon makes a wry complaint: "It took me all my life to get into the eating...
There are no exact figures, but owners of a number of leading restaurants estimate that more than 50% of their lunch business comes from expense-account customers. Sometimes business spending approaches 100%, especially in luncheon clubs and restaurants that cater to conventions. Says Stig Jorgensen, manager of the Midnight Sun in Atlanta's convention area: "We figure 65% of our volume is business-related. If we lost even 10% of that, it would put people out of work...
...dancer's world, the grounds of experience one doesn't see on a daily basis but which are no less a part of each performance than the rehearsals. There is an unusually perceptive discussion of partnering, for instance-presumably the fruit of Stevens' own experience-a vivid and painful account of an audition for ABT's School, since such trials are unavoidably the stepping-stones of any career in dance, and a dexterous, if occasionally incoherent, whirlwind summary of dance history...