Word: biddinger
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In addition if the city is interested in bidding and has spent tens of thousands of public dollars to further itself. Why doesn't Mr. Mauzy characterize the City itself as a "vested interest?"
The S.C.C.O.G. is not a whimsical organization. It was formed in 1939, seven years after the original Los Angeles Olympics, by a group of local businessmen. Merely securing the U.S. bidding rights constituted an epic campaign: four times they lost out to Detroit. When the U.S. Olympic Committee finally endorsed...
Chrysler's first attempt to deal with the warrants was clumsy. It asked the Government in May simply to give them back. Washington refused. In July, Chrysler tried a new tack. It offered about $218 million for them, but again was rebuffed by Treasury officials who felt they were...
Chrysler then began playing a subtle cat-and-mouse game. Publicly, the automaker feigned a lack of interest, saying it might not even make a bid. But behind the scenes, the company was working with Investment Banker David Schulte, a Salomon Bros, vice president, on a deal. Schulte helped craft...
Firms convicted of prearranging bids are frequently "debarred," or prohibited from participating in public bidding, for a year or more. Many states have tightened up their bidding procedures, frequently subjecting sets of bids to computer analysis in a search for suspicious patterns. No one expects the new vigilance completely to...