Word: holders
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Dates: during 1970-1979
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Discreet Billing. In a less hallowed vein, several Las Vegas hotel-casinos issue their own credit cards to customers who visit several times a year. By showing his card, a holder can get a room when the hotel is ostensibly sold out (the card identifies him as a preferred customer entitled to a room the hotel holds in reserve) and then proceed to the casino to pick up chips on credit. Although prostitution used to be the quintessential cash-in-advance business, the Cottontail Ranch, a legal brothel between Las Vegas and Reno, posts signs over each of its beds...
...stolen card. If a merchant or lender turns down an application for credit, he must say why. People may not be denied credit because of sex, race or national origin. A bank, finance company or other lender that buys an installment contract from a merchant-in legal parlance, a "holder in due course"-may not demand payment for defective goods that the merchant refuses to repair or replace...
What kinds of people become managers in today's well-run corporations? The latest prober of the executive psyche, Washington Psychoanalyst Michael Maccoby, identifies four types. The first is the "craftsman," a gentle holder of traditional values, an admired worker so absorbed in his own specialty -engineering, finance, sales-that he cannot sense broad corporate goals, let alone lead a complex organization. Next comes the "jungle fighter," dog eat dog all the way, destroying peers, superiors and eventually himself. The "company man" is occasionally effective but lacks daring to bring about bold changes: his is a world dominated...
...Goalie Award. Brian Petrovek, who received that accolade two years ago, will join the society's ranks come the season finale. "Brian is a real student of the game, has tremendous concentration, and is one of the best Harvard goalies in recent memory," says the season ticket holder who rarely misses a Crimson home clash...
Powell got a taste of what the job can do to its holder's temperament when he paid a courtesy call on Presidential Press Secretary Ron Nessen at the White House last week. Though Nessen asked reporters not to question Powell, they did so anyway. "This is my office!" Nessen erupted. "This is the taxpayers' office!" a reporter shouted back. "Call the E.P.S.!" Nessen ordered his secretary. Tempers cooled before the White House's Executive Protective Service was summoned, but, as Powell observed dryly, "I thought it was auspicious that in my first visit to the White...