Word: director
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Dates: during 1970-1979
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...their customers that the gas shortage had been contrived by the oil companies. Nonetheless, a probe was being pursued by the Federal Trade Commission because statistics showed that gasoline production may have fallen more sharply than warranted. Said Alfred Dougherty Jr., the FTC's Bureau of Competition director: "If this cutback in the production of refined products was not justified by a scarcity of crude oil or other legitimate business reasons, the current gasoline shortage may be contrived." Admitted FTC Investigator Ronald Rowe: "Right now, we have a lot more questions than we have answers...
...Manhattan last week to examine the future course of business. Board members cautioned that, although the rapid rise in prices will slow, inflation will continue at a punishing double-digit pace into summer and remain a burden for at least the next two years. Says Joseph Pechman, director of economic studies at Washington's Brookings Institution: "The economy could be in for a very, very nasty period...
...this group will be close to $30,000 in real terms, and their total spending power will have grown by 70%. Because of their numbers and affluence, the aging baby boomers are being avidly courted by sellers of all sorts of goods and services. Says William Hull, research director for the J. Walter Thompson ad agency: "Anything that people in this group does is hot, and companies are therefore riding along with them into middle...
...clear understanding of why those costs are so high in the first place, and that understanding is not easy to acquire. The economics of medicine are so unlike those of any other market that even many doctors and hospital administrators find them illogical. Says Dr. David Thompson, director...
...high for most prospective patients to afford, unless employers paid most of the premiums. Companies are only beginning to explore the idea. In the Detroit area, GM, Ford, Chrysler and the U.A.W. have joined to sponsor the largest H.M.O. in Michigan, called Health Alliance Plan. Says Jim Walworth, executive director of the plan: "It is our feeling that H.A.P. rates will be 10% lower than the costs of typical conventional medical programs in this area...