Word: clout
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Some members of the Senate Intelligence Committee are worried that although McMahon has held a number of senior posts at the agency, he may lack the analytical skills for his new job. There is also concern that McMahon lacks the clout and independence to push successfully for his own policies, and may not stand up to Casey. Some Senators feel that the CIA director is too eager to expand his agency's intelligence-gathering operations within the U.S. Inman, by contrast, had headed the National Security Agency before joining the CIA in 1981 and had already built...
...short-term borrowing from banks at 16⅓% or higher. Says Economist Allen Sinai of the Data Resources consulting firm: "The banks are keeping a number of big companies afloat. They are becoming captives to the corporations that are in financial trouble." Hundreds of small businesses, with no clout at the banks, are simply going bankrupt...
Frankfurter's practical education in the extrajudicial clout a Supreme Court Justice can wield came not from the tactful and cautious experimentation that gradually showed Brandeis he could lobby effectively at little personal cost Rather. Frankfurter's teaching came from Brandeis himself, and that revelation is what marks The Brandeis Frankfurter Connection as an excellent piece of historical research...
...ROLE of a university in an era of federal retrenchment from the lofty goals of the past must not be to pick and choose among various components, but to oppose the package of reactionism wholesale. If Harvard is to have any clout over federal access-to-education policy, it will not come in persuading other schools that its distinction between opposing aid cuts and supporting looser hiring standards is a principled...
...nothing else, the account undoubtedly reflects Manufacturers Hanover's own happy circumstances. With more than 700 offices in 32 states, the bank's net income in 1981 rose 10.3% over 1980 levels, and total loans jumped 23.1%. Such financial clout gives the bank plenty of muscle to continue Chairman McGillicuddy's drive to expand overseas operations while remaining a dominant domestic force in traditional banking services as well as leasing, mortgage banking, factoring and consumer finance. Whether Kahn's contribution amounts to public relations puffery or not, many businessmen will doubtless be charmed by an "other...