Word: closed
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Dates: during 1970-1979
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...Governor, he ran for President as a candidate of his American Independent Party. "It's the working folks all over this country who are getting fed up and are gonna turn this country around," he said. By carrying five states, he almost turned the electoral system around, coming close to causing a stalemate that would have given him the balance of power, but only close. This was Nixon's election...
Complaints are not ordinarily aimed directly at Sadat but at prominent people close to him. Among the prime targets is Osman Ahmed Osman, the millionaire contractor whose son Mahmud is married to Sadat's daughter Jihan. Osman has a brilliant record as a builder-he was chief contractor for the Aswan High Dam, and did much of the reconstruction of the ruined Suez Canal zone-but his vast wealth and his influence over Sadat invite attacks by the opposition, mainly on corruption charges. Because Osman is his closest friend and adviser, Sadat knows that these attacks are really aimed...
...girl he settled on already has a regal air. "She was very different from most of the females at Princeton, more determined," recalled an architecture-school classmate last week. "She was a controlled person." Known to her close friends as "Buck," she worked hard at her studies but liked to organize dinners and parties. She dropped out for a year to attend a photography workshop in Aspen, where she developed into a competent skier; she also plays a mean game of tennis and squash...
...concentrate on racing, which now takes up about 80% of his time, Wolfson has virtually dismantled his corporate empire, once estimated at being worth close to $100 million. The Wolfsons sold Harbor View Farm last year, but kept the name and now own some 250 horses. Despite their success on the track, expenses are so high ($3 million a year) that the Wolfsons have not always been in the black during the past few years. Affirmed has solved that problem. Some of the Wolfsons' horses are kept in Kentucky, where Louis is respected as a smart and honest...
...joke when Weidenbaum brings forth sheaves of records of dozens of foundries-in Ohio, Pennsylvania, Alabama, Michigan, Illinois, Wisconsin, Kentucky-that had to close because they could not afford to meet requirements of the Environmental Protection Agency and the Occupational Safety and Health Administration. He collects reports of hundreds of small companies that have abandoned pension plans because they could not comply with the expensive requirements of the Employee Retirement Income Security Act (ERISA), "and so the worker winds up with no pension...