Word: analyst
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Dates: during 1980-1989
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...billion broadcast-television industry. Threatened as never before by competition from cable, videocassettes and independent television stations, network TV operates in an environment of shrinking audiences, weakening advertising revenues, and predatory outsiders who see profit in taking over and streamlining a high-cost business. Says Fred Anschel, a media analyst at the Dean Witter Reynolds investment firm: "The networks aren't what they used...
...that many major banks, facing massive liabilities in Latin America and elsewhere, are trying to boost revenues. By stalling on rate cuts, the banks can profit on the difference between what they pay for funds and what they charge their customers. Says Steven Gavios, a New York City banking analyst: "The major banks were trying to hold on to expanded profit margins as long as possible...
While some Westerners found the report's analysis distorted and incomplete, most were impressed by its thoroughness, its spirit of self-criticism and the promptness with which it was prepared. Said Kennedy Maize, a senior analyst at the Washington office of the Union of Concerned Scientists, a group that has been critical of the nuclear-power industry: "I must confess that I think we know more at this stage about Chernobyl than was the case four months after Three Mile Island," the much less serious 1979 nuclear accident near Harrisburg...
Horace Busby, a political analyst who got his start under Johnson and who has been as right as anybody in this town about long-range prospects, takes a decidedly pessimistic view. "Washington has retreated into a surreal world where values are so reversed that fantasy is fact, evasion is honesty and irresponsibility is a cause for pride," he says...
Many unhappy passengers suspect that scrubbed flights are increasing and that some airlines have been canceling when they have not sold enough seats to make a flight profitable. The carriers deny it, but Hoyt Decker, an industry analyst for the Department of Transportation, insists, "I'm sure it happens." While airlines can legally scratch occasional flights, the department has investigated at least six airlines on complaints that they were doing it systematically. So far, however, no scheduled U.S. airline has been penalized for this...