Word: embarrassment
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Dates: during 1970-1979
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...said the SEC, were well aware of the metropolis' financial shakiness. Yet they cooked city books to conceal the danger and issued reports that failed to reveal the true picture. Beame's immediate response was to call the report a "shameless, vicious, political document," deliberately timed to embarrass him and full of "intemperate charges and conclusions." The next day Beame again struck out at the SEC, but added the banks to his hit list. "For more than a year," he said, "the SEC withheld and covered up the fact that the banks secretly dumped city securities from their...
...Brezhnev's decision to pay an unscheduled visit to Jacques Chirac, mayor of Paris and Giscard's Gaullist archrival. Rather pettily, Giscard had planned to ignore Chirac, but the cunning mayor wrote Brezhnev asking him to stop by. Brezhnev was only too happy to accommodate Chirac, embarrass Giscard and do a little meddling in French politics. Gaullist officials gleefully celebrated their political victory. "The principle has been established." crowed one. "Now Chirac will see every visiting chief of state...
...another widely-publicized tenure decision, President Bok overruled the near-unanimous vote of the Biology Department to give Robert L. Trivers '65 a tenured slot. Bok apparently felt that Trivers's work, which provided some of the foundations for sociobiology, was too controversial to ensure his presence would not embarrass Harvard...
...increasingly sedate American newspaper scene. The trend is all the other way: newspapers in monopoly cities being sold for huge sums to absentee conglomerates. Unless a local editor with courage and energy insists otherwise, the natural commercial impulse is to put out complacent, unenterprising papers that don't embarrass the local powers that be and make no waves. So far Murdoch, a fellow refreshingly free of cultural pretensions, seems to be aiming only at circulation, not quality. Instead of being bright, new and inventive, he seems curiously oldfashioned...
That is more than campaign oratory. Indian industrial production in 1976 rose about 11 % over the previous year. Exports are at record levels. Foreign exchange reserves have mounted so high -three times their level of just over a year ago-as to embarrass Indian diplomats who continue to ask international lending agencies for aid. The inflation rate, which hit 26% in 1974, has been tamed. For a while in late 1975 and early 1976, India was one of the few countries where prices, on average, went down; they are rising again now, at an estimated-and manageable-9% a year...