Word: mcnamara
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Died. Reggie McNamara, 83, who broke many of his bones as well as several world records to become the grand old iron man of bicycle racing; in Belleville, N.J. One of 14 children born to an Irish immigrant couple in the Australian Outback, young Reggie hunted kangaroos and sold their pelts so he could pay the entry fees for local bike events. McNamara reached his peak in the 1920s as champion of the six-day marathon races held at Madison Square Garden, but continued to whoosh around the track until his retirement in the late 1930s. The battered bicyclist later...
...Imperiled Credit. Most U.S. copper men had written off the prospect of compensation long ago. Nationalization is becoming a familiar, if uncomfortable fact of life for American firms in Latin America. In the past few months, Bolivia, Peru, Guyana and Ecuador have seized U.S. holdings. Robert McNamara, president of the World Bank, warned last week that such a trend in developing countries may "seriously imperil" their ability to get credit and may discourage investment in entire regions...
...fictitious as a number of the book's minor characters. Rather, it is a fascinating chronicle of the cold war, valid in essence perhaps, fictional and caricatured in detail. It is a grand and eloquent hoax full of enigmatic private jokes like the consistent misspelling of Robert McNamara's name...
...expansionist abroad. According to Morton Halperin at the Brookings Institution, the scholars who have consulted with the Government's China watchers have become nearly unanimous in depicting China as a relatively defensive, inward-looking, less-than-bellicose land. Says Halperin: "There was an enormous change from the time McNamara and Rusk were quoting Lin Piao as the new Mein Kampf to the time Nixon and Kissinger came...
...already lost some. After touring East Pakistan last month, a special World Bank mission recommended to its eleven-nation consortium that further aid be withheld pending a "political accommodation." World Bank President Robert McNamara classified the report on the grounds that it might worsen an already difficult diplomatic situation. The report spoke bluntly of widespread fear of the Pakistani army and devastation on a scale reminiscent of World War II. It described Kushtia, which was 90% destroyed, as "the My Lai of the West Pakistani army." A middle-level World Bank official leaked the study, and last week McNamara sent...