Word: ferrises
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Causal Nexus: This year, strange things have been happening in college hockey with Olympic teams forming in the US and Canada. In the first week of the season, Ferris State, which had won only a handful of games in the past two seasons, went out and stopped Bowling Green.
You sense immediately that circumstances are going to make them strange bedfellows in a motel hell. You know, too, that much worse will follow as this misalliance uses all the modes of transportation specified in the title (plus such unnamed delights as a farm truck, a refrigerator truck and a...
The 7,000 United pilots had never forgiven Ferris for a bitter 1985 labor confrontation. The chairman demanded that United employees accept a two-tier wage system that would relegate newly hired pilots to a lower pay scale. In protest the pilots staged a 29-day strike, but Ferris prevailed...
The recent events that led to Ferris' downfall began last April, when the United pilots proposed a $4.5 billion employee buy-out of the airline. The plan called for employees to raise $2.3 billion and assume $2.2 billion of United's debt. The pilots, who earn an average of $85...
Beginning on Friday June 5, the Allegis board conducted several emergency meetings through telephone conference calls. Then Ferris convened a 3 p.m. session last Tuesday at the Manhattan offices of Morgan Stanley, one of the airline's investment bankers. Among the 17 directors present were Ferris, Olson, former Secretary of...