Word: partings
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Dates: during 1960-1969
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Disappointingly, the Nixon Administration has so far indicated only that it will back tighter restrictions on con glomerate mergers, part-time farmers and foundations. If Congress cannot agree on a basic way to correct today's inequities, it may unfortunately choose a halfway approach suggested by Stanley Surrey. He would require all earn ers to pay at least a minimum tax at rates approximately one-half of normal, thus putting a ceiling on the benefits of tax preferences. In return, no person would have to pay more than 50% of his total income in federal income taxes. Officials...
Reciprocal Deals. The Administration's decision to press court action was in part a response to pressure from the established leaders of American business, many of whom have called for Government help to put down the upstart conglomerates. Worries about conglomerates have been especially strong among executives of the generally conservative and slow-moving steel industry. Quite a few have sought to make their companies less vulnerable to takeover by revamping accounting procedures to increase reported earnings...
Still, Ling is in trouble, and the Government's attempt to cut him down to size will only add to his problems. LTV has such heavy debts that the company faces difficulty in meeting the interest payments-about $45 million this year-out of current income. Partly as a result of the high payments, earnings are down. Excluding such special items as the sale of the LTV Tower in Dallas, profits in 1968 were off 18%, to $28 million; in the year's fourth quarter, they plunged 58%. In order to finance the takeover of J. & L., Ling...
This scene, or something like it, expresses what is obviously a widespread current sex fantasy. Every so often, the movie business feels the need to create a new character-part joke, part sex bomb, seducible, available, palpable-to enliven the daydreams of the American male. The phase is familiar, and Raquel Welch is going through it. "People think of me as some zaftig lady with two stereo nose cones staring everyone in the face," she admits. "The American idea of sex is two outsized mammary glands...
Assassination also became part of the game. Russian exile groups in West Germany, particularly the Organization of Ukrainian Nationalists (OUN), worked actively to overthrow the Soviet government. To stop them, a Russian KGB spy named Bogdan Stashinsky was sent to murder Ukrainian Exile Leader Stepan Bandera and Lev Rebet, the editor of an anti-Soviet newspaper. Using a cyanide pistol, Stashinsky was successful in both cases. Hired killers are not among the world's most attractive people. Yet Stashinsky emerges as a tragic figure. A brilliant young scholar, he was blackmailed into murder by the KGB. Later, driven...