Word: businessman
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Dates: during 1970-1979
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...long-distance passenger train? The odyssey provides enough walk-around human drama to fuel a TV series. (It might be called The Off-Broadway Limited.) A young woman, in tears after midnight, confesses that she is going home to Louisiana after a tragic love affair. A black businessman muses somberly on the humiliations that clouded his childhood. A retired railroad executive recounts the great train trips he has made around the world. An elderly waiter talks of the days when he and the rest of the dining-car crew on some routes had to sleep at night on the tables...
...fact, it was not an undiluted victory for the businessman. The court was careful not to strip OSHA of its power to make surprise inspections; it ruled that a warrant must be obtained from a federal magistrate only if an employer demands it. Further, the court released OSHA from having to show probable cause, as in criminal searches, to get the warrant. Indeed, OSHA need not even suspect safety or health violations to request a warrant. Said OSHA'S chief, Eula Bingham: "It all depends on what the employers do. If most comply, there will be no problems...
Banker Hillary Hayes Jr. told the jury his bank in Geneva had needed funds to help local corn farmers who were hurt by last summer's drought. After loaning the treasurer $50,000, he said, the bank received $725,000 in state deposits. Businessman Clay Baker described how he arranged $175,000 in financing for Stars over Alabama, in exchange for 10,000 shares of stock. On another occasion, he said, he obtained from her a $100,000 state deposit for a bank in Tuscumbia...
...optimism is everywhere. In Frankfurt, a consortium of banks offered $60 million worth of over-the-counter investment shares in a Houston office building for about $10,000 each, and in three weeks sold out the offering to customers, many of them walking in off the streets. One Munich businessman has gone into partnership with some American friends to invest in New York City. They have already picked up a loft building in SoHo and an old office building on lower Fifth Avenue. Now the group is toying with the notion of plunging into a truly speculative venture...
...typical evening's entertainment for a Tokyo businessman starts with a lavish dinner accompanied by endless cups of sake served up by kimonoed geishas. Then the host takes his client to a series of the best of the capital's 80,000 bars and nightclubs. There obliging Cardin-clad hostesses keep the cups brimming with mizuwari (whisky and water). Around midnight the hostesses help their staggering patrons on with their coats and send them off to start another day of more of the same...