Word: maker
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Dates: during 1970-1979
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...caused them to wonder whether they could find fuel to power new plants, and at what price. Investment always involves some risk, of course, but in the minds of many executives the risks now outweigh the potential rewards. Says Grant Simmons Jr., chairman of Simmons Co., the Georgia mattress maker: "Ten years ago, management would make investment decisions on the basis of intuitive, broad-stroke guesses. Now we want to be damn sure we see the fish in the barrel before we shoot...
...cost of fuel to consumers. To many executives, that is wrongheaded reliance on Government fiat. The emphasis, they think, should be put on increasing production of oil, gas, coal and nuclear power by granting energy companies more incentives. David Packard, chairman of Hewlett-Packard Co., Palo Alto, Calif., a maker of measuring instruments, says with a snort that Energy Secretary James Schlesinger, who put the program together, "doesn't have the brains God granted a goose about the way the economic system is supposed to work...
Raymond Holliday, chairman of Hughes Tool Co., says Carter "seems never to be willing to compromise or accept advice. He is reluctant to admit that it is possible for him to make a mistake." Gene Woodfin, chairman of Marathon Manufacturing Co., a Houston-based maker of drilling rigs, caustically characterizes Carter's attitude: "He's 100% right and everyone else is 100% wrong, and he's the President and we have...
William W. Weide, president of Fleetwood Enterprises, Inc., of Riverside, Calif., a maker of mobile homes, is disturbed by the prominence of Carter's family: "I don't know where he ever thought he got a mandate from the American people to have Rosalynn Carter handle the South American issue and Lillian Carter handle other issues." Many executives are disturbed by Carter's reliance on the advice of a close-knit Georgia Mafia. Says Thomas Sampson, managing partner in the Boston office of Arthur Andersen & Co., the accounting firm, and a New England fund raiser for Carter...
Equus is an even more tedious movie than it had to be. Usually an energetic film maker, Director Lumet (Network) seems to have thrown up his hands on this one. He shoots Shaffer's original stage script as is, to the point of having characters address monologues directly to the camera. The play's gory climax-the blinding of six horses-is rendered realistically, not mimed as it was onstage. Rather than enhance Equus, Lumet's fidelity to the text accentuates every flaw...