Word: inked
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Dates: during 1980-1989
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Because of cheap fares, red ink has flowed more widely across the skies than coffee, tea or milk. In the first quarter, United Airlines, the largest U.S. carrier, lost $103 million. TWA did even worse, dropping $170 million. Long-troubled Pan American, which sold off its Pacific routes to United for some $750 million last year, lost $118 million. Indeed, in the entire U.S., only three sizable airlines showed a first-quarter profit: Southwest, which squeezed $7.1 million into the black; American ($4.2 million); and Aloha ($1.8 million). Says Michael Derchin, an airline expert for the First Boston investment firm...
...culpas and finger pointing organized around the theme, "Where the Reagan Revolution went astray." Despite some of the most successful politicking ever to emerge from the Oval Office, Reagan's ambitious plans to reform America in Ayn Rand's image have stalled in a pool of red ink, victim of the pragmatic wheel-dealing Stockman calls "Politics...
Army units have rounded up an estimated 100,000 men in Santiago's vast slums and taken them at gunpoint to nearby assembly points to have their identities checked. Detainees are released after their hands have been stamped with black ink to indicate that they have been inspected. Only about 100 have been arrested and jailed. Says Valdes: "It is barbarous, exactly the same as what went on in the Warsaw Ghetto...
...charged into an illegal May Day demonstration in Santiago, arresting 500 and injuring a dozen with rubber bullets. Security forces conducted sweeps in slum areas of the city, arresting a total of 11,000 men, who were hauled off to soccer fields and marked for police reference with indelible ink. If the unrest continues, Pinochet is likely to resort to a still tougher response: a state of siege of the kind that finally quelled similar unrest...
...million carpet and textile business, he chucked it all in 1964 to study for the Presbyterian ministry, then in 1973 took charge of an obscure, financially rocky college called Southwestern at Memphis. In his first year he turned an operating deficit of $1.2 million into black ink, and has not been in the red since. In 1978 he took on the faculty and eliminated an all but automatic tenure system that Daughdrill says "made it impossible to recruit new faculty." Then recruit he did. Today, 83% of the school's newly strengthened cadre of professors are Ph.D.s...