Word: exempted
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...presidency at Time Inc. were marked by steady growth. Among other projects, he guided the launching of SPORTS ILLUSTRATED in 1954. Larsen and Luce once thought of making 45 the mandatory retirement age at the firm, but settled on the customary 65. Larsen became the only executive to be exempt from that rule (Luce retired from active management upon turning 66, three years before his death in 1967). In later years Larsen became a source of thoughtful counsel and new ideas. He kept himself avidly well informed. Says TIME-LIFE Films President Bruce Paisner: "His mind didn't have...
...clearly a precedent-setting verdict for Massachusetts and for victims of abuse," Burke said. "I think it indicates that if victims of sexual abuse come forward, they can be protected by the law. No class of individual is exempt from the law if they cause other people to be abused," he said...
...name of the game is capital, more power to it. That's the way it goes in capitalism. A tax-exempt entity can invest. The Jesuits started the Bank of America," Runyan says...
...real issues here--the issues that are raising hackles from Gloucester's Kiwanis Club all the way to the House Sub-Committee on International Organizations--are the real objectives of Moon's business enterprises in America, and the extent to which the First Amendment and its tax-exempt priority are being abused...
...politics, business, and basic American principles. He's in an impossible position--as are all the critics of Moon and his associated business enterprises--because at every complaint about International Seafood's corporate advantages and "evil" connections, Barry may utter: "We have as much a right, as a tax-exempt institution, to invest in businesses. Why should we forfeit out Constitutional rights? Because we are 'Moonies?' Why did they call blacks 'niggers?' It's the 1979 version of 'Invasion of the Body Snatchers...