Word: kodak
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Dates: during 1970-1979
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...group of 48 Roundtable member firms, among them AT&T, General Motors, Exxon, Procter & Gamble, Dow Chemical and Eastman Kodak, were examined for the added costs caused in 1977 by just six federal regulatory agencies and programs. The total: $2.6 billion, which was equal to about 16% of the companies' net profits, 10% of their capital expenditures and 40% of their R. & D. budgets for the year. IBM Chairman Frank Gary, who supervised the study, reckoned that the $2.6 billion figure, extrapolated to cover the whole U.S. economy, would yield an overall cost of regulation that is "not inconsistent...
...this takes place in a faceless city where everything's for sale--the whole place has an air of colorful hopelessness, a Club Med in the ghetto. "You ought to be in pictures," says a Kodak ad. The lottery offers to make you a millionaire. And through all of this is wandering Collins. He does his business in porno lounges, movie theaters, used car lots--everything's for sale and it all has to be paid...
...already produce them abroad. According to a confidential State Department study, U.S. multinationals in 1970 were producing $200 billion worth of goods abroad. That was nearly five times greater than total U.S. exports and, if anything, the gap has widened. The large American multinationals, such as GM, Ford, ITT, Kodak and IBM, understandably do not wish to undercut their foreign operations by increasing exports of finished products from the U.S. To a degree, multinationals benefit the U.S. because much of their profit is returned home in the form of retained earnings ($20 billion in 1977). Yet in a world that...
...licensee because its film was being used on the infamous passbooks that blacks and coloreds are required to carry and show upon demand to the police. Citibank will no longer make loans to the South African government; the First Pennsylvania Bank will give no loans of any kind. GM, Kodak and Control Data have said they will not expand their South African operations...
...making company-paid pensions, medical insurance, longer vacations and similar fringes universal. Even the sons and daughters of diehard unionists feel they have no need to sign a union card in order to enjoy high pay, generous benefits and pleasant working conditions at big, high-technology firms like IBM, Kodak and Texas Instruments...