Word: partner
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Dates: during 1980-1989
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...company. When the local SBA office began proceedings to remove the company from the set-aside program, Wedtech's officers quickly worked out an agreement to transfer 1.8 million shares of stock to Mariotta's nominal control. Wedtech turned to the law firm of Richard Biaggi, son and former partner of South Bronx Congressman Mario Biaggi. Biaggi's firm received more than $1 million in fees and stock over the years for representing Wedtech. The SBA later approved Wedtech's stock transfer and allowed it to remain eligible for minority contracts...
...scandal that had started with a lonely U.S. embassy guard confessing he had succumbed to the charms of a beautiful Soviet receptionist in Moscow had escalated into what appeared to be one of the most serious sex-for-secrets exchanges in U.S. history. Not only had the Marine's partner been charged with helping him let Soviet agents prowl the embassy's most sensitive areas but last week a third Marine sentinel was accused of similar offenses. A fourth Marine, stationed at the Brasilia embassy, was taken to Quantico, Va., for grilling about espionage. Several others were recalled from Vienna...
Paknalis's double play partner at shortstop will be freshman Dave O'Connell, the only infielder without prior varsity experience. Rounding out the infield is third baseman Dave Jamieson, who made the move up from the junior varsity early last season and hit a solid .292 in 65 at-bats. Infield backups include sophomore Casey Cobb, also up from last year's junior varsity squad, and freshmen Andy Kohn and Victor McGrady...
That line, however, gets an immediate and sharp rebuttal inside his own shop. "If we have a trade war with Japan, we're in bad shape," says Young's partner, John Denomme, 35. "We almost totally rely on Japanese hardware to play our software. Nearly every component in home audio and video systems is manufactured in Japan. If the Japanese decided they were going to make it difficult for everybody else, they could." Denomme is far from comfortable with that situation. In fact he finds Japanese economic power "frightening." Nonetheless, he is dead set against protectionism: "What good...
...amounted to little more than a blip on the gargantuan volume of annual U.S.-Japanese trade, which totaled $112 billion last year. But the slap at Tokyo was also a powerful diplomatic message. For the first time, longstanding American grievances over the trade practices of its second largest trading partner (after Canada) had resulted in a sharp and pointed U.S. economic response. Said a senior Administration official: "This will hopefully send a signal to all our trading partners that the free ride is over." As Commerce Secretary Malcolm Baldrige put it to TIME, "You can't rely on words...