Word: eastmans
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Dates: during 1970-1979
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...group of 48 Roundtable member firms, among them AT&T, General Motors, Exxon, Procter & Gamble, Dow Chemical and Eastman Kodak, were examined for the added costs caused in 1977 by just six federal regulatory agencies and programs. The total: $2.6 billion, which was equal to about 16% of the companies' net profits, 10% of their capital expenditures and 40% of their R. & D. budgets for the year. IBM Chairman Frank Gary, who supervised the study, reckoned that the $2.6 billion figure, extrapolated to cover the whole U.S. economy, would yield an overall cost of regulation that is "not inconsistent...
There are now more than 1,000 professional ensembles in America. Some 200 cities hold chamber-music series. Colleges want to have groups as residents on campus. "The young seem turned off by spectaculars," says Cellist Paul Katz of the Cleveland Quartet, which is based at the Eastman School of Music in Rochester. Members of the Chicago Symphony alone have formed 15 chamber ensembles...
...other newly elected Harvard marshals are Gary Barrett '79 of Eliot House, Michael R. Eastman '79 of Currier House and Peter C. McLoughlin '79 of Mather House...
...Eastman gave an untraditional reason for his decision to seek the post--he hopes the marshals will take a stand on South Africa. "I think potentially the class marshals could do something," he said. "Being in a fund-rasing position we might have some influence," Eastman added...
MICHAEL R. EASTMAN...