Word: bail
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Dates: during 1970-1979
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Huge Costs. The Pentagon, of course, may have brought some of the problem on itself by its past willingness to accept price increases that contractors claimed were forced by huge cost overruns and bail out firms that could not deliver weapons at the previously established price. J. Ronald Fox, former Assistant Secretary of the Army, points out that "there are always pressures for increasing costs in an industry where there is little price competition...
SPORTS. Investors in the new World Football League, World Hockey Association and World Team Tennis franchises are drowning in red ink. "It's hard to get people to back up struggling franchises now," says Boston Sports Attorney Bob Woolf, and TV networks no longer bail out new leagues with-fat broadcast contracts. Even long-established leagues are suffering: a majority of the National Basketball Association's 18 teams are losing money. Once unobtainable, tickets to New York Knicks games against N.B.A. opponents are suddenly easier to get now that inflation has driven Madison Square Garden ticket prices...
...footnote to the years of the counterculture, former Political Revolution ary Jane Alpert, 27, last week surrendered to federal authorities in New York City after living on the lam for 4½ years. She had jumped bail after her conviction in 1970 for conspiring to bomb Manhattan buildings as part of the extreme left's antiEstablishment, anti-corporation, antiwar crusade...
...ominous threat came from the militant but tiny and discredited Jewish Defense League, which boasted that it would assassinate Arafat. FBI agents arrested J.D.L. "Operations Officer" Russel Kelner, 33, on a charge of "transmitting in interstate commerce" a threat to kill Arafat; he was held on $100,000 cash bail...
...jurisdictions, "defendants perceive, correctly or not, a tacit rule of court that those who ask for counsel are treated more harshly." Defendants of modest means are supposed to get free lawyers, but the financial screening can be arbitrary. In Birmingham, for example, center staffers found that the "posting of bail was used to declare a defendant financially ineligible" for free legal help...