Word: accountants
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Dates: during 1970-1979
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...tenure as president of the European Commission, a job he has held for the past 2½ years. During his stewardship in the European Community's top administrative post, a recent audit has revealed, many of the E.C.'s 13 commissioners went on an expense account binge that was anything but controlled...
...Haferkamp, in fact, whose expense account artistry had provoked the European Parliament into ordering the audit earlier this year. Members of Parliament had been dismayed by reports that he had given a $14,000 cocktail party in Caracas and run up a $2,000 bill for three nights spent in New York City's Pierre hotel. Last year, he took a woman friend on a trip to Peking as an official interpreter at E.C. expense and over Budget Commissioner Christopher Tugendhat's objections. Though the woman was multilingual, she happened to speak not a word of Chinese...
...French multinational corporation and she as an economist for a U.S. think tank. She also gets $9,000 annually from an inheritance, but they show few signs of opulence. They live in a two-bedroom walkup, drive a small car and holiday with parents. Lacking the kind of expense account that allows many Frenchmen the Gallic equivalent of a three-martini lunch, they do not make a habit of eating out. Says Xavier: "I would guess that 60% of the customers in Paris restaurants are not paying from their own pockets...
...Rosenthal wants to see capital grow throughout the economy by radically changing the source of much that is wrong in the U.S.: its tax system. In his view, the system fosters too many tax shelters, expense-account freeloaders and assorted cheaters. It penalizes achievement because it taxes salaries at rates up to 50% and capital (in the form of dividends and interest...
Dardis' telling of this poignant tale is serviceable. He knows the early days of Hollywood; his previous book Some Time in the Sun was a good account of how writers like F. Scott Fitzgerald and Nathanael West functioned at the dream factory. Yet too many sentences creep along under the crustacean weight of adjectives: "The staggering impact of the immense success of these shows on the entire entertainment world . . ." Worse, Dardis too often strains after bogus significance: "Like Ernest Hemingway, who also spent childhood summers on a lake in Michigan, Buster early became an extremely proficient duck hunter." Such...