Word: itt
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Dates: during 1990-1999
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...Roberto Goizueta earned $10.6 million in salary and stock in 1989, more than three times the average for CEOs of the 200 largest U.S. firms (his 1990 compensation: $11.2 million). His board members earned $75,000 in cash and benefits, a solid 70% above the $44,000 average. At ITT, chairman Rand Araskog earned $6.4 million in 1989, more than twice the average (his 1990 pay was $11.1 million), while his directors were paid...
...Internal Revenue Service are "James," a Supreme Court Justice who in 1794 rendered the decision that allowed President Washington to put down an armed tax revolt by Appalachian moonshiners; "Frank," an IRS investigator who helped nail Al Capone; and "Bob," a Republican Congressman tied to a tax ruling for ITT during the Nixon Administration. Nonetheless, Edmund remains half-right. Nightmares about the Soviets may have receded, but Americans have yet to lose their fear of filing...