Word: prefered
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Dates: during 1970-1979
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Both Moscow and Peking want MFN, along with U.S. export credits, in order to have freer access to American markets and to attract American investment. MFN could increase Soviet-American trade by an estimated 10%, and Sino-American trade still more. U.S. business generally supports trade preferences for both the Soviet Union and China, but Capitol Hill is in no mood to do Moscow any favors, given what many legislators see as Soviet mischief-making in Africa, the Middle East and Indochina. As for human rights, the number of people being allowed to emigrate from the Soviet Union...
Flom, a small, slight man with thinning gray hair and a forehead wrinkled in a perpetual look of surprise, seems to prefer representing raiders. He has also directed skillful defenses, notably his "Jewish dentist" defense in 1975 for Stern-dent, a manufacturer of dental equipment under attack by Magus Inc., a holding company that is 10% owned by the Kuwait Investment Co. Flom sued Magus for not disclosing that many of Stern-dent's customers were Jewish and might not buy from a company partly owned by an Arab government agency. The argument was such a successful public relations...
...turn engaged Joseph Flom, a lawyer famed for his skill in fighting long delaying actions against takeovers and thus an expert on how to counteract such tactics. American Express further arranged $700 million in stand-by credits from major banks. It obviously does not need the money, but might prefer to borrow for the takeover rather than cash in some high-yielding securities...
With chains now controlling 71% of daily circulation, the absentee owners prefer bland, trouble-free editorial pages. Only outside columnists are allowed to be noisy, querulous and opinionated. Even here, chain management usually dilutes the effect with a "spectrum" of opinion, in a look-no-hands neutrality between conservative, liberal and middle-of-the-road. Those among the columnists who are also in television develop a manner to go with the act-William F. Buckley Jr., arch and fastidious; James J. Kilpatrick, full of pretend bluster. When Kilpatrick takes the conservative side against Shana Alexander...
...raising), Staubach is fascinated by the intellectual challenge of dissecting pro defenses, especially one as sophisticated as Pittsburgh's. "I'm really learning new things all the time," he insists. "I'm constantly growing." Head Coach Tom Landry calls the Dallas plays, and while Staubach would prefer otherwise, he admits that the system frees him to search for telltale flaws in a defense. Like Bradshaw, Staubach knows all the tactics that his opponents are likely to use in given situations, but that is the easy part. The hard part will come when Staubach tries to spot...