Word: overheads
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...second time in a month, Lewis was publicly grilled last week by a House Energy and Commerce subcommittee chaired by Michigan Democrat John Dingell. Among other things, Dingell and his colleagues demanded to know why General Dynamics charged the Government for such "overhead" costs as a $14,975 party at a suburban Washington country club and the babysitting expenses of one of its officials. Lewis admitted that some of the billings were improper and announced that General Dynamics was withdrawing $23 million | of its expense claims for the period from 1979 to 1982, or about one-third...
...three jet fighters and a lone helicopter flew overhead, some 300 troops backed by armored cars fanned out through the streets of La Paz last week. Another coup in a country that has seen 189 governments overthrown since its founding in 1825? Not this time. The sweep was ordered by President Hernan Siles Suazo as a twelve-day-old general strike, which had already crippled transport and commerce, threatened to push the nation into anarchy. Declared Siles: "Tolerance and patience have a limit...
...move not simply as a public relations gesture but a first strike in a "get-tough" policy on defense contractors. In a speech to an American Legion gathering in Washington, Weinberger announced that the Pentagon's auditors would conduct a general review of billing procedures and claims for overhead expenses by all major military contractors. The Defense Secretary added that he had asked the Justice Department to examine possible criminal violations by General Dynamics executives...
Down the hall, William Fitz-Gibbon, 50, whose degree in science is from M.I.T., uses an overhead projector to sketch a physics problem about the path of a falling projectile. As he extends the trajectory, 20 students jab at their calculators, shouting the coordinates of the projectile's path. One student looks up from time to time from an Agatha Christie mystery to call out answers. A young girl interrupts the instructor. He has been applying a shortcut formula to the problem, and she points out that his solution will not work in every case...
...night, with the overhead lights off, the playing surface slips into green-tinted quiet. The only illumination comes from offices and signs at the corners of the huge room, made larger by the absence of stands...