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Word: aires (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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...question was a payment of $2.95 million that Bell Helicopter, a subsidiary of Textron, had made, with Miller's approval, to an Iranian company named Air Taxi. The money was paid as a form of commission at about the time of a sale in 1973 of $500 million worth of helicopters to the Iranian government. The payment itself was legal and no secret; Textron openly recorded it on the books. But Proxmire and the committee staff claimed to have evidence that Air Taxi was secretly partially owned by General Mohammed Khatemi, former head of the Iranian air force...

Author: /time Magazine | Title: Business: New Defender of the Greenback | 3/13/1978 | See Source »

Khatemi himself can no longer confirm or deny the story: he died in a glider accident in 1975. Proxmire did produce the attorney for a former Bell sales agent, who testified that Khatemi's ownership of Air Taxi was common knowledge in Iran, and that this fact had been called to the attention of top executives of Textron's Bell Helicopter division in the mid-1960s. The executives, however, testified that they had considered the talk "cocktail-party rumor," unworthy of reporting to Miller. That seems plausible enough. At the time Bell officials were allegedly informed of Khatemi...

Author: /time Magazine | Title: Business: New Defender of the Greenback | 3/13/1978 | See Source »

...Proxmire's queries were enough. When Proxmire opened by saying that to him "the facts ring loud and clear; Textron bribed Khatemi," Miller responded that the Senator was making a statement rather than posing a question. Miller insisted that "if General Khatemi did have an undisclosed interest in Air Taxi, then I have been deceived. Deception by others should certainly not be the basis for impugning the integrity of innocent parties." Miller and Bell President James Atkins protested that Proxmire was relying on CIA and Defense Department information about Khatemi's partial ownership of Air Taxi that...

Author: /time Magazine | Title: Business: New Defender of the Greenback | 3/13/1978 | See Source »

Almost immediately the first sign of trouble appeared. When the fine, nearly microscopic carbon fibers escape into the air-either during their manufacture or when the composite material is purposely or accidentally incinerated-they can settle on electrical equipment with disastrous results: carbon fibers are good conductors of electricity and thus can cause short circuits, arcing and sometimes fire. According to a recent NASA study, there have been more than a dozen such incidents since 1970 in industrial plants producing or using the fibers. As use of the composites increases, careless disposal and burning of wastes could release enough fibers...

Author: /time Magazine | Title: Science: Peril from Superplastics? | 3/13/1978 | See Source »

...takes place at the former hobo's seashore hotel. The fresh air revives the chorus: "Linger in the Lobby" is peppy, sung and danced with a snappiness that doesn't quit till the last bows. In the lobby, the chorus lingers and mingles with larger-than-life-size cutouts of hotel guests, bell-hops and beach umbrellas, all of which give the stage an effective style halfway between art deco and '70s surrealism. None of the flesh and blood lingers in the second act. The cutouts sway and stir as each character dashes madly around. Laurel Leslie, playing Susie...

Author: By Chris Healey, | Title: Good Enough Gershwin | 3/13/1978 | See Source »

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