Word: indebtedness
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After Santa passed into the hereafter, The Santa Corporation's drive built speed. To feed its growing need for expertise, the company created a scholarship fund to train promising young elves in the ways of gift-making. Many a Ph.D. in Gift Wrap or Ribbon Tie owed his education to...
Ron Carter has remained content to work within the wide limits that Mingus and his early contemporaries established. Even early in his career, Carter was indebted to Mingus for giving the bass a major role in jazz improvisation. And yet, he did not follow Mingus into the avant-grade line...
*Forced this year to write off $2.3 million in bad real estate loans, the bank last week indefinitely suspended its 200-a-share quarterly dividend. That will cut the heavily indebted Lance's income by about $40,000 every three months.
Unexpectedly, the deeply indebted man, who is one of the Government's most powerful economic policymakers, was also in trouble in the Senate. Lance had asked for more time before he had to sell his 200,000 shares of National Bank of Georgia stock (TIME, July 25), and it...
For organized labor, 1977 is a year of great expectations. That was the message that came out of the midwinter gathering of the AFL-CIO executive council in Bal Harbour, Fla., last week. Rarely in recent years had George Meany, the AFL-CIO's often flinty president, and his...