Word: auge
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Dates: during 1970-1979
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...watchers. Willwerth's first brush with the Mob dates back to 1969, when an anonymous phone call took him from Manhattan to Tucson, Ariz., and a three-hour interview with a confidant of Family Man, Joe Bonanno. His article appeared with our cover story on the Mafia (TIME, Aug. 22, 1969). Last summer Willwerth reported on the shooting of Joe Colombo...
...fill a shortage of math and science teachers, the German state of Hamburg hit on a novel solution: it advertised in the U.S., where colleges turn out more teachers than the schools can employ (TIME, Aug. 9). Lured by promises that a knowledge of German was "preferred but not necessary" and that the work would involve college-level classes, some 500 Americans applied for jobs paying up to $850 a month. Hamburg officials signed 71 of them to two-year contracts...
...Mitchell conceded that he had met with ITT President Harold Geneen for 35 minutes on Aug. 4, 1970, at Geneen's request. "I assented to the meeting," Mitchell said, "on the express condition that the pending ITT litigation would not be discussed." According to Mitchell, Geneen argued that the Justice Department was prosecuting corporations merely for their "bigness." Mitchell claimed that the discussion was "entirely theoretical," yet at the time it was held, the antitrust division had only four "bigness" cases pending; three were against ITT. Mitchell also declared that twice last April he had met with ITT Director...
...stock. ITT spokesmen said the sales were mere coincidence, yet at least some ITT officials learned around June 18 that the Government had proposed the ITT antitrust settlement. As it turned out, the settlement caused a $7 a share drop in the price of ITT stock on Aug. 2, the first trading day after the public announcement. The settlement was relatively favorable to ITT, allowing it to keep the Hartford Fire Insurance Co., but requiring it to divest itself of six smaller companies. The outcome could have been far worse for ITT, but it also could have been much better...
Activist Kate Millett's scorching Sexual Politics (TIME, Aug. 31, 1970) drew a frenetic reply in Norman Mailer's celebrated Harper's article, "The Prisoner of Sex," which excoriated many of Millett's arguments but concluded in grudging capitulation: "Women must have their rights to a life which would allow them to look for a mate. And there would be no free search until they were liberated." Arthur Burns, chairman of the Federal Reserve Board, complained last month: "Now we have women marching in the streets! If only things would quiet down!" Washington Post Co. President...