Word: ploy
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Shady fortune hunters, as Heineken knows, find such figures irresistible. In 1980 three extortionists threatened to poison cans of Heineken beer unless they were paid more than $1 million. Their plot was foiled. Nonetheless, another would-be crook tried the same ploy last August, demanding $3.3 million. Some of the policemen who thwarted him were entertained by Heineken in his office on the day of his disappearance...
Reagan's rush to invade Grenada was designed to divert attention from his disaster in Lebanon. "We need a win," said Reagan's advisors, so the Yankee shark swallowed the Caribbean sardine, a ploy to whip the population into line behind the red hot Cold War. Meanwhile, Reagan vows that those responsible for the Beirut bombing "will pay." This means more U.S. troops to Lebanon to serve as Israel's cat's pew and shore up the rule of the Phalangist gangsters. The SYL's call for "Marines out of Lebanon now and alive!" evokes the wide-spread anti-government...
...closely watching Continental's bankruptcy and reorganization. Former Astronaut Frank Borman, 55, chairman of Eastern Air Lines, which is $2 billion in debt and lost $94.4 million in the first half of this year alone, has already said he might follow Lorenzo. Two days after Continental's ploy, Borman told Eastern's 37,500 employees that if they do not accept pay cuts of at least 15%, the company will be forced to either shut down à la Braniff or go into bankruptcy à la Continental. Eastern, one of the most heavily unionized firms in the industry...
...order. After more than a year of endless motions and appeals, Judge Sand retaliated in late June by ordering Rich to pay a $50,000-a-day contempt fine. Before payments were suspended two weeks ago, Rich's company had paid $3.8 million in fines. In an apparent ploy to escape further fines, Rich and Green in early August secretly sold their U.S. subsidiary to other officers in the firm and changed its name to Clarendon...
...make in our domestic markets have created a sense of great urgency for a national industrial policy." Growing numbers of business executives, particularly those whose companies are most threatened by foreign competitors, are taking up the cause. Says Chrysler Chairman Lee Iacocca: "Industrial policy is not just a Democratic ploy...