Word: cushioned
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Financial Cushion. Townsend, a veteran accountant, seems in no danger of being replaced, because it is in bad times that the Chrysler board most appreciates his specialty. As one former Chrysler executive puts it, Townsend is "a cold-blooded cost cutter." The company recently renegotiated a $455 million, three-year revolving credit agreement with a syndicate of 80 banks led by New York's Manufacturers Hanover Trust Co. The banks gave Townsend his financial cushion mainly because he convinced them that he could and would slash Chrysler's overhead to the point where the company can make money...
...employee for 15 years, Ed Maynes lost his $30,000-a-year New York sales manager's job in December. "I know I am not going to be destitute," says Maynes, who has a sizable severance check and his wife's $14,000-a-year salary to cushion his fall. But the 150 resumes he has sent out-125 of them to airlines-have evoked no favorable responses so far. "To be 50 years of age and looking for a job," he admits, "is a bitter pill to swallow...
...their own goals and priorities. "They are a national, operational group," says Russell Hemenway, director of the National Committee for an Effective Congress. "The power of oversight will be used more broadly than ever before." Among the host of programs to bring tax relief, spur the economy and cushion unemployment that congressional Democrats have considered, they have discarded practically nothing, with the exception of a revival of the Reconstruction Finance Corporation. They discovered that the Depression-born agency's function of lending money to foundering businesses had been assumed by other federal agencies. The Democrats' program issues a clear challenge...
...going to continue to provide economic and military assistance to South Vietnam it makes no sense to exclude incentives for private American companies to invest in that country. The stimulation of private investment is needed to help South Vietnam's movement toward economic self-sufficiency as well as to cushion reductions in grant assistance programs." Corporations have not, however, been scrambling for these incentives because of Thieu's aggression against the PRG which, if anything, has made investment seem much less attractive...
...stubborn absence of humor or the manic mugging by the star, Louis de Funès, whose exertions make Jerry Lewis look, by comparison, like Alfred Lunt. De Funès likes to pop his eyes out, fast and wide, like two billiard balls bouncing off the side cushion. He is ever choleric, his veins on the point of rupture, like a man who has been mud-splattered by the bus he just missed...