Word: businessmen
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Those million-dollar salaries paid to America's top executives [ECONOMY & BUSINESS, May 7] make me choke. These businessmen blame the Government for failing to pass trade restrictions and fault their workers for demanding higher wages. I feel cheated by these...
Support for Contadora came from another quarter last week. Echoing De la Madrid's assessment, the Inter-American Dialogue, a privately funded group of U.S. and Latin American diplomats, businessmen and academics, concluded in an 87-page report that "the roots of insecurity in the hemisphere and particularly in Central America are primarily economic, social and political." The solutions, it added, "lie in economic and social development and political dialogue, not in more weapons and military advisers." The study, prepared under the direction of Sol Linowitz, former U.S. Ambassador to the Organization of American States, encouraged direct negotiations between...
...Duarte ran for President against Colonel Arturo Armando Molina Barraza, the candidate of El Salvador's ruling military-landowner alliance. Duarte's running mate was a high school chum, Guillermo Ungo.* Conservative businessmen were aghast at the duo's election promises of land reform and support for organized labor, and by the fact that a front organization for the illegal Communist Party was participating in its National Opposition Union. When Duarte appeared to be pulling into the lead, the government blacked out television coverage of the ballot counting and announced the following day that Molina...
...Businessmen have been affected in contradictory ways. They have been hit hard by higher labor costs, more union rights and severe constraints against layoffs. But, paradoxically, businessmen are suddenly starting to enjoy an unprecedented respectability, thanks largely to the Socialists. French people of all classes have traditionally looked askance at the pursuit of commerce and made businessmen feel socially inferior. Now, as part of its zealous austerity-minded campaign to revive investment and encourage new, advanced industries, the government has been extolling free enterprise. Mitterrand himself has formally endorsed "the right to make a fortune." Captains of industry like Schlumberger...
...following day the attack was picked up by Treasury Secretary Regan. In a speech to Massachusetts businessmen and community leaders, he warned that the Federal Reserve's stringent credit policies could begin to hurt. Said he: "If the Fed continues on its tight path now, it will have an effect on November and December. Does that have us worried? You bet your life it has us worried...