Word: lloyds
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...Shah left Panama only two days after the arrival of White House Chief of Staff Hamilton Jordan and White House Counsel Lloyd Cutler. Ostensibly, they had flown to Panama City to arbitrate a dispute between Panamanian and American surgeons over who should remove the Shah's spleen. Two weeks ago, his international team of physicians had decided that surgery was essential. Flown to Panama City from his home in exile on nearby Contadora Island, the Shah checked into the Paitilla Medical Center, a modern private hospital. At the same time, the Shah's aides summoned Heart Surgeon Michael...
...Geneva, the U.S., U.K. and Australia invited 25 nations to a two-day meeting to hear White House Olympic Coordinator Lloyd Cutler spell out the U.S. position. Yet only nine of the countries invited sent delegates, and most of those who showed up listened coolly. Even staunchly pro-boycott Britain indicated that a timely Soviet withdrawal from Afghanistan would "change everything...
...gold and silver. Two of the containers made it onto the plane. The third, filled with gold, did not, and police were still looking for leads in that case. At least Weinberg could take solace from the fact that the loss, estimated at $790,000, was fully covered with Lloyd's of London. Last week's far bigger haul was insured for only $1.6 million...
...bring a recession this year. In their view, only a slump can curb inflation; if it does not occur, and prices keep skyrocketing, the economy may be headed for a real bust later. "The figures show that we are still probably not in a recession," said Texas Senator Lloyd Bentsen, chairman of the Joint Economic Committee, with disappointment clearly audible in his voice...
...Pittsburgh, and they will shape the industry's labor costs for the early 1980s. The 450,000 steelworkers are among the highest-paid American industrial laborers; their hourly wages average $10.59, and bene fits swell the total to $16.80. The United Steelworkers' high priority now, says President Lloyd McBride, is to win better pensions for their 250,000 retirees. Equally important is preserving jobs; in the past 20 years, more than 100,000 jobs have been lost because of plant shutdowns. Thus the union does not appear to be in a demanding mood, and bargaining is expected...