Word: corp
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Dates: during 1970-1979
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...corruption reached across four continents and featured the bribery of top government officials or members of ruling families in seven countries, including Saudi Arabia, Iran, Chile and Nicaragua. These are the elements of a complaint by the Securities and Exchange Commission against Houston's International Systems & Controls Corp., which surged during the early 1970s by providing services and equipment to help Third World countries develop .their and agriculture...
...Saudi Arabia, where ISC won a $106 million contract to design and build a desalination plant, the SEC charges that the company paid Adnam Samman, then vice governor of the state-run Saline Water Conversion Corp., $3.5 million. To pick up a $50 million contract for a sugar processing complex in the Ivory Coast, ISC paid Gilchrist Olympic, son of a for mer President of Togo, more than $1 million and gave him a new Lincoln Continental, the SEC says...
America's tenth largest industrial company is like an old gas guzzler hurtling along the dangerous edge of a cliff, and in this difficult year the road is trickier than usual. Chrysler Corp., long plagued by uncompetitive products and a lack of cash, is expected to follow its first quarter $53.8 million loss with a second quarter deficit that could come close to $200 million. The company may end the year with a loss of more than $400 million, double last year's $204.6 million deficit. Chairman John Riccardo has made a dozen trips to Washington since...
Says one of them, PepsiCo Chairman Donald Kendall: "Connally's greatest strength is in the Big Business community." Thomas Ellick, a corporate vice president of California's Fluor Corp., who was a special assistant to Governor Ronald Reagan in 1968-71, finds that "I'm just amazed at the breadth of the people who are coming out of the woodwork for John Connally. If anyone is looking for a replacement for John Wayne as the personification of America, this...
...executives to the list of Big John's supporters. Some of them: General Foods' James Ferguson, Southern Pacific's Benjamin Biaggini, H&R Block's Henry Bloch, Union Oil's Fred Hartley, Citicorp's Walter Wriston, Quaker Oats' Robert Stuart Jr., FMC Corp.'s Robert Malott, Borg-Warner's James F. Berg, Broyhill Furniture's Paul Broyhill, Textron's Joseph Collinson. Add to them presidents (Boeing Commercial Airplane's E.H. Boullioun, Occidental Petroleum's Joseph Baird) and former chief executives (AT&T's John deButts, Marriott...