Word: pools
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Dates: during 1970-1979
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...decision." One example: when a partner in a North Sea drilling operation off Scotland last year decided to sell out, Hunt Oil purchased his 15% interest. "In the space of one week we bought in and were drilling," boasts Ray. The drills promptly struck a major pool estimated to contain as much as 500 million bbl. Says one crusty Texas oilman: "Dammit, he's got his father's luck...
...families set up cellar factories whose workers labor all hours to meet delivery dates. Even the biggest Italian and other European-owned subsidiaries may buy components from suppliers who use black labor (U.S. subsidiaries prefer to play by the official rules). For some companies, use of the secret labor pool can spell the difference between survival and bankruptcy. Italian industry is bound hand and foot by prounion laws that make it virtually impossible to lay off workers in slack periods, mandate extensive and expensive fringe benefits and tie official factory wages to soaring prices; unionized workers further stage incessant strikes...
...cerebrum. He was, if anyone, Lenny Bruce, the angry, violent screamer from the acid gut. Pryor changed his act, bringing it back in spirit to Peoria's black ghetto and the mean streets all over the U.S. He started to talk in the argot of the pool shark and the hustler, a language so obscene that it is no longer obscene, with four-letter words so common that they now seem part of the verbal furniture. Is he vulgar? Of course, but not in his own eyes. "Vulgar," he says, "is like Richard Nixon being allowed in Red China...
Victor is a 44-year-old antique dealer, newly escaped from a dull marriage and a dull office job. Elsa is 19 and his mistress. "A year ago, when Victor was still a tax accountant, he fished Elsa out of his typists' pool. She flapped and wriggled a little, and then lay still, legs gently parted." This plummy pair is to spend the weekend cataloguing marketable monstrosities at the mansion of Hamish, an elderly millionaire, and his beautiful, young, crippled wife Gemma...
Creation of the "Witteveen facility," as the emergency pool has already been dubbed, will greatly expand the IMF's rapidly growing importance as lender of last resort to countries about to go on the rocks -and demander of unpopular economic steps that nations must take to qualify for their loans. That is a role that was never planned for the Fund when it was created at the Bretton Woods, N.H., international monetary conference in 1944 and would have seemed unlikely even four years...