Word: move
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Dates: during 1970-1979
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...hours after learning of that discovery, the FAA grounded all DC-10s, the first time it had ever done so to a fleet of jetliners. The move immobilized 12% of the capacity of U.S. passenger planes and substantially disrupted air travel. By week's end ominous faults of various kinds -cracked plates, loose bolts-had turned up in the pylons of 36 of the inspected aircraft. After repair, one got back into the air, with FAA permission, joining 102 found to have no defects. But Philip Hogue, a member of the National Transportation Safety Board investigating the American crash...
Believing, probably correctly, that Bonanno's motives were more sinister, the commission decided to move against him. Bonanno writes that Sam Giancana of Chicago, Angelo Bruno of Philadelphia and Santo Trafficante of Tampa were appointed to do the job. Bonanno was kidnaped by two gunmen near his lawyer's Park Avenue apartment. Referring to himself by his initials, Bonanno confirms the theory that he was held captive near New York City while the commission debated his fate: "J.B. was kidnaped, kept in [illegible] house on parkway, 18 months...
Slemrode adds that the bureau's president doesn't tell people what to think but Slemrode suggests that preconceptions can influence results. "My prediction (of the economy's next move) depends on all the assumptions I've had to make. Because that's true I try to test the model with many different assumptions," he explains. Slemrode says that basic to the whole project is the conservative assumption that all markets stay in equilibrium...
...granted Stanford a higher academic rating than Harvard in its last two polls on business school quality. Although such polls always raise doubts, some of Bok's suggestions for the B-School--especially his eagerness for the school to do more research--hint that Bok may want Harvard to move a few degrees away from its management-training emphasis toward Stanford's academic research approach. Although Stanford's reputation for academic excellence has improved in recent years, Harvard students still insist Harvard's degree has greater market value...
First on the list was an unexpected move by the administration as the Corporation announced that Robert S. Brustein, former dean of the Yale School of Drama and director of the Yale Repertory Theater, would take over as director of the Loeb Drama Center in the fall...