Word: departmentment
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Dates: during 1980-1989
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Amid the growing scrutiny, the takeover whirl accelerated last week. In Chicago directors of UAL, the parent company of United Airlines, approved a bid by the carrier's management and pilots' union to buy out the second largest U.S. carrier for $6.75 billion. In the highly leveraged deal, employees would...
In Washington politicians have been diligently studying measures to curb airline buyouts. A bipartisan bill drafted by Arizona Republican John McCain and Kentucky Democrat Wendell Ford, who chairs the Senate Aviation Subcommittee, would give the Transportation Department the authority to reject proposed takeovers if they involve too much debt. At...
In the pre-Gorbachev era, the Soviets could have been expected to step in and order some relaxation as an antidote to rising internal pressures. Now the Soviets have put themselves on the sidelines by vowing noninterference in the domestic affairs of Eastern Europe. In a report to the Kremlin...
Critics of the Everglades suit charged -- correctly -- that Lehtinen went to court without consulting either the Justice or the Interior Department. Governor Martinez asked Attorney General Dick Thornburgh to settle the suit or drop it. Last December Lehtinen was summoned to Washington for a review of his actions. It seemed...
The water-management district is also angry. John Wodraska, the district director, claims that the lawsuit is a nuisance that only delays his staff from working on a plan to save the Everglades. Moreover, the suit is costing a fortune in both state and federal funds. Beyond the Justice Department...