Word: eder
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Dates: during 1970-1979
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...leased and operated by the New Haven Railroad, but after the Penn Central acquired the New Haven in 1966, it instructed its new subsidiary to cancel the lease because the P & W did not earn enough money. P & W President Robert H. Eder, an ex-paratrooper and Harvard Law graduate, fought the move, but the ICC decided in favor of Penn Central, and the Supreme Court upheld the decision. The P & W got bank backing and filed a petition with the ICC to operate independently, but the Penn Central about-faced and tried to block the move, claiming that...
...naysayers did not take into account Eder's vision and nerve. He struck up such a close friendship with United Transportation Union Leader George Cahill that Cahill now sits in on P & W board meetings. Eder pays a flat, guaranteed annual wage of $16,460 to each of his trainmen, $4,640 a year better than the Penn Central pays, and he plans equal bonuses, regardless of salary. Eder, who earns $60,000 a year, will collect no more than an engineer...
...Sailor." The word comes across like "freak." or "nigger"-"The only possible advantage in being a sailor," said Seaman Fred Eder, "is that it's maybe the only way a white can experience something of what it's like being black. In uniform, you're a marked dude. You're prey to all sorts of people trying to fuck you out of a dollar or your watch or your sanity for Christ sake. You can't eat in a good restaurant, no decent-looking chick will talk to you. Man, you find yourself on even ground with all the other...