Word: consortiums
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...their own and the rooms above and below. A favorite joke around town went: "Are you in oil?" "No, I'm incognito." One company wrapped its bid in aluminum foil in case a competitor had an exotic camera capable of taking pictures through a manila envelope. Another consortium, headed up by Continental Oil, hired a private train at $12,500 a day to ply back and forth between Calgary and Edmonton for four days while executives prepared their bids in total secrecy; at the last minute, they flew to Anchorage in a corporate JetStar...
...Lake State Bank, "let his heart overload his sense." as one customer says, and tried to lure industry to the town by loaning seed capital to dubious ventures. Big Lake, however, was deprived of banking services for only a week. Three groups bid for the charter, and a wealthy consortium of local oilmen and ranchers won out. Last week the new Reagan State Bank (named for the county) opened on the same premises with the same personnel-except for the overenthusiastic Rees and his two top officers...
...biggest of the shadow schools is Washington Area Free University, a consortium of 2,000 students who also attend the capital area's formal universities. Courses cover everything from drugs and Herman Hesse's novels to macrobiotic diets and Herbert Marcuse's philosophy. Like free university students elsewhere, W.A.F.U. participants subscribe to 19th century Educator Mark Hopkins' heroic if hoary notion that all that is necessary for education to take place is two people...
Real success, however, is not so simple. Last week the Beatles lost control of Northern Songs when a consortium of financial companies added their 14% to Associated's holdings and made a deal in which it will name four of the six directors. Britain's High Court will decide next month on who should pay whom in the Nemperor case. As for Apple, it is too soon to see whether Klein's pruning will produce profits...
Eastern schools, are readying major departments of black studies for the coming year. Eventually, Harvard hopes to help create a Boston-area consortium of university Afro-American resources...