Word: l
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Dates: during 1960-1969
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...Douglas was almost out of the running. Last February, the newly merged company got off to a fast start with an order from American Airlines of 50 subsonic DC-10s capable of carrying up to 343 passengers. But after that, competing Lockheed Aircraft got all the business with its L-1011. Lockheed signed up TWA, Eastern, Delta, Northeast, and a British airplane sales company for a total of 172 planes. McDonnell Douglas, which will not break even until it sells around 100 airbuses, grimly admitted that unless other orders came in, the program would be scrapped. Now there...
...Jones with house after unfinished house he could not sell. After the strike was settled, Jones was unable to resume construction. The Federal Home Loan Bank Board cut him off from further funds by seizing control of his money supply, the Long Beach Federal Savings & Loan Association. The S & L was accused of "unsafe and unsound" practices-notably a $17 million loan on Bellehurst. Litigation dragged on endlessly amid accusations of inflated appraisals, dubious sales contracts and an unrecorded loan...
...building companies, such purchases of partly developed tracts have become increasingly enticing because building can start at once, and there is no need to tie up capital in land inventories. But one after another, builders looked at the wreckage of Bellehurst and declined-even after Long Beach Federal S & L settled its fight with the bank board. Finally, Watt hired a computer, made 31 separate runs over the possibilities of profit and cash return, and decided to take the gamble. Since then, the company has also announced plans to take over the unbuilt portion of a grandiose Middlesex County...
...committee is chaired by Albert M. Sacks, professor of Law. Other members are: Clark Byse, professor of Law; Alan M. Dershowitz, professor of Law; Louis L. Jaffe, Byrne Professor of Administrative Law; Frank I. Michelman, professor of Law; Charles R. Nesson, assistant professor of Law; Alan A. Stone '50, assistant professor of Psychiatry; and James Vorenberg '48, professor...
According to John L. White, GSA secretary, the 286 vote is the largest in GSA history...