Word: hellers
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More often, the team's tips come from reading what Stephens calls "some dull-as-death Government report that no man in his right mind would pick up if he wasn't getting paid for it." Jean Heller, 26, the team's only woman member, was scanning a routine list of Government contract awards when the name "Techfab" rang a faint bell. She checked her files, confirmed her suspicions that Techfab, a St. Louis manufacturer, was under study by a federal grand jury for allegedly accepting kickbacks on $47 million worth of rocket launchers made...
Depth Beats Speed. Heller and Rothberg then spent a full five months, including line-by-line reading of 15 volumes of appropriations-committee hearings, to produce a highly critical series on defense-procurement practices. Team Member Dick Barnes, 30, a former editor of the Stanford Daily, examined 12,000 property records in Detroit to document just one claim in a story charging mismanagement of federal antipoverty funds in that city-the fact that a former business associate of Mayor Jerome Cavanagh had benefited from unusually high rents paid for the program's headquarters. Rothberg's reading...
Even so, Walter Heller and other eminent economists maintain that inflation will continue to plague the U.S. for years to come. The task for 1969 is to gain stability without losing much of the very real progress of the past eight years. As former Eisenhower Economist Raymond J. Saulnier notes: "A stabilization program always risks recession...
...Bombed in New Haven--Joseph Heller's anti-war play, that, while no "Catch-22," has nice moments all the same. With Diana Sands and Jason Richards. Closes Dec. 29. At the AMBASSADOR, W. 49th...
...Small Giant. Now McCracken will head a 45-man staff. Though the council is a pygmy among Washington agencies in terms of size, it can be a giant in influence. Started in 1946 by President Truman, the council rose to real power when John F. Kennedy appointed Walter Heller to be chairman in 1960. Heller was the leading advocate of the Keynesian "New Economics"-the policy of flexibly adjusting taxes, Government spending, and the money supply to influence the economy -and he sold Kennedy on the idea of cutting taxes to stimulate business and employment. His successors, Gardner Ackley...