Word: overheads
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Dates: during 1980-1989
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...last year with a $2.5 million surplus thanks to its expropriated share of local dealers' loot. Some cocaine tycoons are prosperous enough to shrug off the loss of a swank beach house or a DC-3 (fitted out with extra fuel tanks for long intercontinental coke flights) as business overhead. Still, says DEA Agent William Schnepper: "It's what hurts them the most. Not only do they go to prison, but they come out with no treasure socked away...
Imagine a nuclear-tipped missile rising from a silo deep inside the Soviet Union, fixed on a target in the U.S. Almost immediately its fiery exhaust plumes trip warning sensors in satellites orbiting overhead. One of those satellites sends a powerful beam of light, or perhaps even a cascade of subatomic particles, bursting down from the heavens like a Jovian lightning bolt. The beam homes in on the ascending missile and fastens onto its nose cone. Burning through, the beam turns the electronic guidance system into silicon mush, sending the missile wobbling off course and totally immobilizing its nuclear warhead...
...scene from an adman's dream. On the boardwalk that runs along Florida's Daytona Beach, suntanned young people crowd around carnival-type booths, where some 20 different manufacturers are handing out literature and free samples. Overhead, airplanes trail banners that read HAVE YOU DRIVEN A FORD LATELY? and WELCOME TO MILLER TIME. Below, a catamaran emblazoned with the Schlitz brand name cruises by, followed by a fleet of sailboards that extol SALEM SPIRIT. At one of the 380 or so hotels that line the 23 miles of beach, John Bradley, 22, a recent Cornell graduate, is conducting...
...asked when the town gym, which is now occupied by British soldiers, would be open to the public again. Another grumbled about the military trucks that have been tearing up streets. As if to underscore the new realities of life in the Falklands, a British Phantom jet fighter screamed overhead...
...million program, the bureaucratic and overhead expenses can become staggering in themselves. Harvard's solution to these logistical problems has been to draw potential donors into the administrative processes as much as possible. Like so much of the University's administration, the Harvard Campaign is a paragon of successful decentralization. And at each stage of the process, the alumni with the largest giving potential--the top 1 percent who would donate 75 of the funds--have been involved intimately...