Word: bidder
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Dates: during 1970-1979
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...abolished by baseball arbitrator Peter Seitz. He ruled that Andy Messersmith and Dave McNally were no longer bound to their respective teams upon termination of their contract plus one additional renewal year. After that year, the players became free agents, able to offer their skills to the highest bidder. Seitz declared that the Uniform Players Contract did not grant a club a perennial option to an athlete's services. It is no wonder that this sweeping judgement, which obliterated the binding labor rules that had persisted for nearly one hundred years, thrust the major leagues into an unprecedented uproar...
...newspaper sale ever, S.I. Newhouse last year paid more than $300 million for Booth Newspapers' eight dailies and the Sunday supplement Parade. In all, 72 dailies changed hands last year, up from 49 in 1975. Says Otis Chandler, vice chairman of the Times Mirror Co. and an unsuccessful bidder for both Booth and the Star Co.: "Everyone is rushing...
...Packed in cases that often identify the contents as fish or an equally harmless commodity, the weapons are shipped in roundabout ways, like from Benghazi to Hamburg to Athens, to avoid interception by Israeli patrol boats. Other weapons come from international arms merchants, who routinely sell to the highest bidder. A third major source is Eastern Europe, which acts as arms supplier to Soviet-backed parties in the Middle East. The recipients represent a who's who of revolutionary militant movements, starting with the P.L.O. and the Eritrean Liberation Front, dissident groups in the Gulf states, SWAPO and other...
...being investigated by the Agriculture Department. The KCIA has also coerced Korean businessmen into cooperating in a scheme to cheat the U.S. military procurement agency in South Korea. Bids by Korean contractors have been routinely rigged at meetings that were called "tangos." At these conclaves, the chosen bidder paid a "tango fee," which was channeled to the KCIA. Said Democratic Senator William Proxmire of Wisconsin: "Collusive bidding practices, backed with strong-arm enforcement by Korean contractors is costing American taxpayers $15 to $25 million annually...
...itself make a good case in point. In the law school, for example, it is difficult to understand how a brief course in ethics will stand in the way of a curriculum geared largely towards sending students to corporate law firms. These law firms often work for the highest bidder, no matter how unethical that bidder may be. Also, it is not clear how students in law school will be able to grasp the situations in which they will have to make ethical decisions without first experiencing the situations themselves. Without feeling the pressures that color the real situations, things...