Word: emmerglick
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Georgetown University Professor Leonard Emmerglick, once the Justice Department's expert in the Alcoa antitrust case, chimed in. Soon after the Korean war began, ODM decided to add 1,800,000 Ibs. to U.S. capacity, and push total production to 3.2 billion Ibs. by 1955. It gave the Big Three fast tax write-off allowances for new plants and proceeded to buy any new production the companies could not sell in the open market. In return, the Big Three agreed to deliver one-third of the new plant output to independent fabricators. But, charged Emmerglick, they have been failing...
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