Word: biddinger
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Good intentions, however, are rarely enough, especially when billions of dollars in contracts are being awarded free from the pressures of competitive bidding. Corruption has dogged the two primary federal set-aside programs: a Government-wide $3 billion effort run by the Small Business Administration, and the requirement that 10...
The Wedtech scandal has prompted some congressional interest in reform legislation. Massachusetts Democrat Nicholas Mavroules, who chairs a House small-business subcommittee, is championing a bill that would bar any political appointee from helping select minority contractors or managing the program. A more controversial approach, favored by Massachusetts Republican Congressman...
In the fall of 1936, the University instituted a new rule for bidding a woman from visiting a House without another woman, provoking The Crimson's vehement protest. In its denunciation of the new (and soon-to-be-repeated) policy, however, The Crimson did not challenge the University's role...
The $10 billion battle royal between Texaco and Pennzoil suddenly became more of a free-for-all last week. Robert Holmes a Court, an Australian financier and aggressive corporate raider, informed the U.S. Securities and Exchange Commission that he had bought more than 15.5 million, or 6.4%, of Texaco's...
Holmes a Court, 49, a soft-spoken lawyer who is reputedly Australia's wealthiest citizen, controls worldwide industrial and media properties through his holding company, Bell Group (1986 revenues: $1.5 billion). From that base, he has launched sallies against Broken Hill Proprietary, a huge Australian steel, oil and gas producer...