Word: oiled
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Dates: during 1960-1969
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...ADVOCATES (NET, 10-11 p.m.). The pros and cons of the Federal Government's right to continue issuing off-shore leases for oil drilling is up for public debate...
...supposed to say radical things, but who runs the city of Boston? Is it the tenants or the landlords? Who decides what happens to the air in every city in America? The people who breathe it or the gas companies and the owners of Standard Oil? Somehow, on the critical matters, the men of wealth and power and privilege in America make the decisions of life and death for everyone else. The program notes reprinted this quote from Howard Zinn's Moratorium Day speech and the play gives the answer...
...million Center, not yet complete, will house classrooms and common rooms for participants in the Business School's Advanced Management Program, which brings executives to Harvard for refresher course. The building was named for its principal donor, Leonard F. McCollum, Chairman of the Board of the Continental Oil Company...
Electronics, oil, food processing, insurance, Savings and Loan associations, construction?all have been added to the spectrum of California's economic life. Not the least of the benefits of this vitality is the workers' share. California's wage earners constitute a mass aristocracy that takes home about $1.5 billion every week; their per capita income ($4,111) is higher than that of any other state or any country on earth. Here too, think tanks like the Rand Corp. have evolved and become indispensable. With extraordinary skill ?and hubris?their staffers tackle virtually every problem in America, from campus riots...
Amexco's growth enabled it to survive a blow that might have shattered another company. In 1963, an obscure subsidiary, American Express Warehousing, was duped into issuing warehouse receipts for the nonexistent salad oil of Speculator Anthony De Angelis. American Express in 1967 agreed to pay $60 million to settle creditors' claims, half immediately, the rest in annual installments of $5,000,000 each year through 1973. The payments do not reduce Amexco's current reported profits because they are charged against earnings retained from prior years, and the company's growth has given it enough...