Word: forde
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...most controversial new weapons, the Sergeant York division air-defense gun, known as the DIVAD. In a test last year, the gun's laser-and-radar guidance system could not even hit a stationary helicopter, one of many embarrassments for the problem-plagued system. This time, claimed the contractor, Ford Aerospace, the weapon destroyed "six of seven high-performance aircraft...
...fairway he observes the links style of most Presidents since Eisenhower. When Ike met Hope in wartime Algiers, the general's first words were "How's your golf?" The athletic J.F.K. was too "restless" to play well, and Richard Nixon displayed a strange combination of obsession and guilelessness. Gerald Ford, of course, "made golf a contact sport." Reagan "once broke 100 and that's pretty good for a man on horseback." Hope saves his real affection for celebrities little known for their low handicaps, including Humphrey Bogart and Ruby Keeler. The wildest amateur: Babe Ruth. The smoothest: Joe Louis. Even...
...near legendary windfall was made in a public offering by William Simon, Treasury Secretary in the Nixon and Ford Administrations. In 1982 a Simon-led group of investors put up $1 million of their own money and borrowed $79 million to buy the Gibson greeting-card company from RCA. They turned Gibson into a private firm and reorganized its operations. Then, just 18 months later, they sold $290 million worth of the company's stock to the public. Simon alone earned more than $15 million and wound up holding shares in Gibson worth about $50 million...
...Chrysler's U.S. employees. The weary union leader had good reason to be pleased. In a final, 42-hour bargaining session with Chrysler officials, Bieber won increases in wages and benefits that will put the company's union workers back on a par with their counterparts at Ford and General Motors. The settlement brought an end to the concessions Chrysler's workers made to help the now thriving company get through its financial crisis during...
...dozen, thus requiring employees to perform a wider variety of tasks. The U.A.W. rebuffed that concept, but it acquiesced on another issue. The union agreed to a three-year contract instead of the two-year agreement it had proposed. The U.A.W. had aimed for the shorter term because its Ford and G.M. contracts will expire in 1987, and the union wanted to bargain with all three automakers at once, a strategy that tends to give labor a stronger hand...