Word: payola
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...remark: "I am so far from panicky that it's not even funny. Never was I more complacent. Never was I more confident - strike out that word 'complacent.' " House Minority Leader Charles A. Halleck denounced the House's $251 million depressed-areas bill as "political payola," and its housing bill as "a billion dollars' worth of baloneyola." Neither bill "can become law," said Halleck, "because if we can't beat them, we certainly can muster enough votes to sustain a veto...
...quarter, due mostly to extra-heavy development expenses on the DC-8 jetliner program. At Columbia Broadcasting System, Chairman William S. Paley had an unruly meeting on his hands, with irate stockholders complaining over lower earnings (slightly less than 1959's 87? for the first quarter), the payola TV scandals and a handful of other problems. Said Chairman Paley: "We used to look forward to these meetings. Now we anticipate them with dread...
...hear Dann-who has turned in similar performances at Studebaker-Packard and American Motors-tell it, Chrysler's directors were guilty of "nepotism, favoritism, payola, reckless disregard for the rights of shareholders, bribery, misconduct, perpetuation of themselves in office, creating a Pearl Harbor that would lead Chrysler to the same fate as Packard...
...forces" to study state problems and prepare legislative proposals, backed down in the face of lawmakers' complaints that he was grabbing all the credit. Soothingly, Rocky announced that his task forces would henceforth be called "legislative cooperating committees." ¶Because of "unpleasant connotations" acquired by the term during payola investigations, "disk jockey" was banned from the air by Poughkeepsie, N.Y.'s station WEOK. WEOK's deejays are now to be known as "musicasters." ¶ Admiral Arleigh Burke, Chief of Naval Operations, announced that he would henceforth spell "Communism" with a "K," just like the Russians. Why? Explained...
Watching the continuing story of rigged quizzes and widespread payola roll off the presses in the past year, many radio and television spokesmen tended to criticize the newspapers for printing the news rather than blame their own industry for making it. Last week, with the chip on his shoulder showing, a Columbia Broadcasting System executive announced that his network plans to turn a beady eye on the press...