Word: colossuses
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Dates: during 1960-1969
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...Chairman-President Harold Geneen, who had hoped to fashion the two firms into a $2.5 billion telecommunications colossus, the decision was largely a matter of money. Announced in December 1965, the merger has been held up by Justice Department antitrust litigation after being twice approved by the Federal Communications Commission. During the delay, a sharp increase in ITT's stock sent its purchase price for ABC soaring...
...University of Maryland. Since the assistant secretary general and the secretary for economic and social affairs of the OAS--the number two and three posts--traditionally go to Americans, many Latins are hesitant about giving their approval to a man whom they consider irreparably tainted by the colossus of the north...
Ahmanson today would scarcely win prizes for modesty, but his career in vests that paternal judgment with more truth than braggadocio. Starting with a 1925 stake of $20,000 in cash and securities, he has assembled a financial colossus of savings and loan associations, fire and title insurance, banking and investment companies. By conservative estimate, Ahmanson, 61, is worth more than $300 million...
...tional Day was still unusual. Only 500,-000 gathered at Peking's Gate of Heavenly Peace, compared with last year's 1,500,000. The parade lasted only two hours instead of the previous four. In place of last year's 20-ft. colossus, there was a new statue of Mao that was merely larger than life...
After decades of piecemeal revision and patchwork repair, the U.S. welfare system resembles nothing so much as a vast Rube Goldberg money machine. Long under attack by conservatives because of its cost (more than $6 billion a year for all levels of Government), the welfare colossus has lately received its most telling blows from liberals, who accuse it of subverting the very people it is supposed to sustain. It seems hardly possible that the system could be made more inequitable or inefficient, but that is exactly what the U.S. House of Representatives appeared to have accomplished last week...