Word: contract
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Dates: during 1980-1989
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Meese has publicly conceded that, at Wallach's urging, he helped Wedtech get a "fair hearing" on a $32 million Army engine contract in 1982. The Army, which had considered Wedtech unqualified for the work, agreed to award the no- bid contract to the Bronx firm after an unusual White House meeting in the office of James Jenkins, then Meese's top deputy. Jenkins later went to work for Wedtech. At the time Meese was Counsellor to the President. Giuliani stressed that the defendants are not charged with illegally influencing Meese, but were indicted for the allegedly unlawful...
...seven-week trial provided a rare glimpse into the world of Washington special pleading, particularly at the Reagan White House. A top Boeing executive told the court that his company chose Deaver to lobby for a lucrative contract to build a new Air Force One because of Deaver's familiarity with the "personal tastes and preferences of the President." Deaver was paid $250,000, and Boeing eventually landed the $200 million contract...
...dissenters in TIME's poll believe a downturn is already on the way. Irwin Kellner, chief economist for Manufacturers Hanover Trust, forecasts that GNP will contract by 1.5% next year. "Consumer spending is weak and likely to weaken further," he says. "Wages have just not kept up with inflation." Johsen Takahashi, of the Mitsubishi Research Institute in Tokyo, predicts a .5% decline for the U.S. economy in 1988: "The stock market will take another plunge next year, as will the dollar." The outlook, he warns, is "very...
...president of a neat little business called the Great American Salvage Co., has made junk sorting obsolete. His firm, based in Montpelier, Vt., scouts the Eastern states for grand old homes, hotels, theaters and churches that are being modernized or are coming down completely. After negotiating a salvage contract with the buildings' owners, his band of gung-ho reclamation experts carefully removes architectural details. These are spiffed up and sold -- primarily to post-modern architects, cutting-edge decorators and well-heeled homeowners -- in the firm's huge showrooms in New York City and Montpelier and at four East Coast franchises...
...pressures to get an American laboratory of some kind into space are strong. By a sobering coincidence, on the day after Fletcher made his contract announcement, the Soviet crew commander marked his 300th consecutive day aboard Mir, the world's only space station...