Word: averting
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Dates: during 1960-1969
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Like a character in an oldtime western serial, Real Estate Tycoon William Zeckendorf has ridden his ailing corporate steed, Webb & Knapp, Inc., through a series of cliffhanging adventures and crises. Somehow he has managed to avert disaster each time with an ingenious plan or a daring, last-minute rescue. Last week Bill Zeckendorf, 59, found himself in the worst trouble of his spectacular career. With no rescue in the script this time, the end seemed finally in sight for a saga that has endlessly fascinated and amazed the business world...
...will consult with Zeckendorf, analyze the company's problems and sell unproductive properties, hoping to make the company profitable again and pay off its debts. If the untangling reveals no hope of salvage, the trustee could recommend that the company be liquidated. "We have always managed to avert bankruptcy," says Bill Zeckendorf, "and we could have come up with something this time too. But what can you do when you're hit on the head...
...figures are never spoken of; they are never written about. The truth is that Indians do not see these squatters and might even, with complete sincerity, deny that they exist." Trinidad-born Novelist Naipaul, paying a first visit to the land of his Hindu grandfather, is determined not to avert his eyes from such sights, which tourists and the Indians themselves ignore or miss. He observes "the ceremonial washing of the genitals in public before prayers." He ponders four sweepers whose ritual effort only makes a hotel staircase dirtier than before "They are not required to clean. That...
...that there is no need to publish actual accounts. On the contrary, nothing less than photostats of the HSA's contracts with each airline, and a complete summary of its own expenses, will silence the "unfair criticism" of which it complains. And nothing less than complete annual reports will avert the indefinite repetition of this year's controversy...
Automation Threat. Whether the shrewd appointment of Gaherin can actually avert another shutdown is a question that probably will not be answered much before March 30, if then. As expected, the preliminary jousting has only spelled out the distance between the two sides. Gaherin, for instance, has offered a $10.50 wage increase over three years, and a three-year contract, to apply to all nine craft unions. Powers has countered by demanding $15 for one year and a one-year contract...