Word: paring
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Exchange, who came in as interim chairman. Though Haack describes Lockheed as "a colossus to try to get your arms around," he helped to pare long-term bank debt from $595 million to $425 million. During his tenure, a special review committee of outside directors drafted a severe code of ethical conduct that bars any illegal or off-the-books payments...
...right direction, but they agree that it has flaws. For example, the proposal to return to consumers money collected in higher taxes will boost living costs and add to the Consumer Price Index. To hold down the C.P.I., the Democrats would prefer that the money be used to pare payroll taxes or increase revenue sharing to states and cities. Republican Greenspan would push for greater decontrol of prices despite congressional antipathy toward oil companies. Greenspan believes that the very existence of a price-regulating bureaucracy creates uncertainty for oilmen and inhibits investment for increasing production...
...might have even tried pot when they were younger have conveyed their concern to me," Murphy says. "They're 25 or 26, and although they personally support the bill, they're afraid they might get killed in their district for supporting it." With the imminent redistricting that will pare the 240-member lower chamber down to 160 representatives, House legislators have never been so conscious of treading lightly on the sore spots of some constituents. The House is clearly the iceberg which might sink the measure...
...there were charges of voting fraud in other areas, so Rhode Island Attorney General Julius Michaelson convened a grand jury to investigate. While the jury was sniffing around, an anonymous tipster called the state police and told them that Bailey had an arrest record. State Police Captain Edward Pare found that Bailey had pleaded guilty in 1962 to shoplifting suits from a store in Cheltenham, Pa. He had paid a $100 fine and spent 60 days in jail. Pare also found that Bailey had been arrested in Massachusetts and Michigan, but he could not find out the disposition of those...
...passed to the legislature the problem of whether he was eligible to serve. On Jan. 4 the other 99 legislators were sworn in while Bailey sat silently at his desk, his head bowed. The legislature appointed a committee to review the case, and that brought in the industrious Captain Pare. In 1961, Pare reported, Bailey was convicted in Medford, Mass., for possession of $2,112 worth of stolen goods and fined $100; two years later, again in Medford, police seized Bailey with $700 worth of hot merchandise. This time he was fined $200 and given two years' probation. Then...