Word: chunking
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Dates: during 1960-1969
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...keep the state moving ahead and at the same time in the black, Reagan proposed a budget of $5,047,000,000 and called for $946 million in increased taxes. The tax figure was deceptive, however, because a sizable chunk of it ($170 million) would go toward offsetting property taxes; on the average, homeowners would receive about 6.5% relief from property tax bills...
...strong management team. Still, there was little Haynie could do to stop Ling-even after he realized the extent of the Texan's designs on his company. In a matter of days, before Haynie could summon his board of directors, Ling-Temco-Vought had corralled a sizable chunk of Wilson's stock by offering holders $62.50 per share, 25% over the Dec. 20 New York Stock Exchange closing. By Jan. 5, L-T-V held 53%, thus making Wilson a member of the family...
Viola's attorney insisted that by buying stock for the benefit of others, she was merely "a good friend doing a good turn." Indeed, aside from a relatively small chunk of Golden Arrow stock that her husband sold at the bloated price, there was no testimony indicating that the MacMillans enriched themselves from the 1964 transactions. But York County Court Judge Garth Moore pointed out that Viola had called her broker to check on the market price of Golden Arrow after placing her orders-a move that helped convince the judge she had intended to stimulate her company...
...Note to a FORTUNE editor on a story of a corporate battle: "I resent the fact that [these men] are fighting for a huge chunk of the 'national estate' without there seeming to be any point to the fight. Neither [one] seems to stand for a damn thing. This is the sort of thing that turns one against capitalism. I resent having these great companies owned by pointless men like these. And as for these vast investment trusts, I am inclined to think that they should be abolished." April...
...business is done with the U.S. through a ten-month-old subsidiary called Mitsui & Co. (U.S.A.), Inc., which, with headquarters in Manhattan's Pan Am Building and branches in eight other cities, handled some $420 million in trade during its first six months alone. For years, a significant chunk of Mitsui's business has come from "off shore trading" deals involving the U.S. and countries other than Japan. In one case, Mitsui shipped U.S. machinery to Brazil, which in turn sent coffee to Sweden, which for its part exported glassware to the U.S. Because Japanese trading companies...