Word: forde
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Give belated credit once again to the unheralded Jerry Ford. Having trouble with the strong-willed James Schlesinger, who then was Secretary of Defense, Ford called him in one Sunday morning in 1975 and asked for his resignation. Give credit to Schlesinger, who refused to resign and insisted he be fired. Ford obliged...
...these reimbursements so far. When AT&T introduced its Universal card last year, promising 10% discounts on long-distance calls and no fee for life to anyone who signed up the first year, 10 million consumers called to ask for Ma Bell's special Visas and MasterCards. Last week Ford began offering no-fee Visas and MasterCards carrying the company's blue-and-white oval. Chrysler is preparing to offer its own brand of cards...
...courts have increased the use of juries, which tend to side with plaintiffs and award big monetary damages. Last year a Detroit jury awarded inventor Robert Kearns a $10 million judgment against Ford for violating Kearns' patents on intermittent windshield wipers. A San Francisco jury two months ago ordered Intex Plastics to pay inventor Charles Hall $5 million in damages for violating his patent on the water...
...offices they once held. "Congressional pensions are typically two to three times more generous than those in the private sector," says David Keating, who heads a watchdog group called the National Taxpayers Union. Much the same could be said of presidential pensions. This year, for instance, former President Gerald Ford will receive $20,000 more in his golf-oriented retirement than George Bush will draw as leader of the free world. Some examples of lavish retirement benefits...
...spent a lot of time on a specific problem," says Pilbeam, Ford professor of the social sciences. "We will move on in the next academic year...