Word: oceaneering
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Dates: during 1970-1979
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...Yorker of Italian descent who worked his way up in the trade, will have retail sales this year of $6 million, and can say: "I don't want to go above that." He explains: "I design for a small, strong audience. I'm a drop in the ocean, but my audience is select. She's a celebrity, a movie star, she's in society, she's a President's wife. She may even be a working girl who doesn't mind having one or two outfits; not everyone can afford...
Before Thomas Pyle worked for the Harvard Community Health Plan in 1972, he did some consulting work with the British Ocean Steamship Company, one of the finest shipbuilding companies in the world...
...Ocean Steamship had a tremendous record with its wares. An average Ocean vessel spent only about eight hours each year in drydock for repairs. No ship ever left Ocean's docks without the personal inspection by the company's director. But when the veteran shipbuilders bought a tanker of their own, for all their master craftsmanship, they simply couldn't get an insurance company to give them a break...
...work with Ocean Steamship convinced me that insurance people were less than imaginative when assigning rates," Pyle says now. And for the health plan, which experienced a $150,000 malpractice insurance hike in one year despite no comparative increase in the number of malpractice suits, a private non-profit insurance company was just what was needed...
...team, was taught to fly by Orville himself. In 1917 he formed his own plane-manufacturing company, eventually selling some 300 amphibian biplanes and becoming a millionaire in the process. In his 1935 book, Our Wings Grow Faster, Loening predicted that "at 500 m.p.h. 50,000 ft. above the ocean . . . far above storms or ice or fog . . . we will cross from New York to London in six hours." He lived to see that prophecy improved on with the SST. But in his later years he urged less emphasis on speed and more on vertical-takeoff planes, which could cut travel...