Word: deal
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Dates: during 1970-1979
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Since Borman outraged U.S. planemakers by buying a European plane, Boeing has led a campaign in Washington against what Treasurer Jack Pierce calls "predatory financing." Indeed, Borman got a good deal, which includes a $250 million loan guaranteed by European government agencies. Somewhat reluctantly, the U.S. Export-Import Bank has agreed to try to meet the European terms by making more of low-interest loans available to foreign buyers of U.S. aircraft...
...Boeing has bagged the biggest order: a $1.6 billion bundle from United. In the past, such a big deal by United would have sent American, TWA, Eastern and others rushing to place their own orders and thus secure favorable delivery positions. And they would have been crowing about how they were going to create the biggest, all-new, best-everything fleet in the world. So what happened this time? Nothing?so far. U.S. airline chiefs are playing a wait-and-see game. They claim that they will not order new aircraft simply as a reaction to this summer's sudden...
...Dorothy Harrison, New York State Assistant Education Commissioner, and Ernest May, Chairman of Harvard's History Department, hit on an idea: why not refit Ph.D.'s for the business world? "Here are a group of people with highly developed analytical skills," says Harrison. "They can deal with all kinds of problems...
...press and Parliament in both countries have been less docile and more inclined to see The Act as a cover-up tool. Says Canadian M.P. Gerald Baldwin: "What was conceived of as a weapon of defense against enemies without has become an offensive weapon for governments and bureaucrats to deal with embarrassments within...
These days Simmons races around in yellow aviator-shape glasses and flashy shirts, hopping between Manhattan and Hollywood. He has a twelve-movie deal at Universal, and will follow Animal House with a film version of Lemmings. Veteran Lampoon writers, in various combinations, are at work on film scripts for Simmons and themselves...