Word: profitability
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Dates: during 1970-1979
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...creates unfairness. There is no precedent for what Chrysler wants. In 1971 Lockheed was rescued with a federal loan guarantee for $250 million of its private debt. But that cost the taxpayers nothing, and by the time the Lockheed loans were paid off in 1977, the Government made a profit of $31 million in fees. Perm Central's plea for a handout in 1970 was ignored, and the Government stood by while the company went bankrupt...
...asking for a rent increase. Harvard, as of April 17, had amended their petition, requesting only a 20 per-cent to 40 per-cent increase, Zeckhauser said. Originally Hunneman/Harvard's petition had stated that they were losing money on the buildings. Now it showed they were making a profit...
Tacho greatly expanded the family's wealth, although he did not always manage it well; some of his companies were so poorly run that they failed to turn a profit. Moving into the banking field with ownership of the Banco de Centroamerica, he heavily mortgaged his properties in Nicaragua in order to make available large amounts of cash. These funds were then shuttled through a network of interlocking companies in the U.S. and the Caribbean. Through such maneuvering, Somoza acquired his mansion in Miami Beach, which is officially owned by a company based in the Virgin Islands, two posh...
Carter's program, which resembles the late Vice President Nelson Rockefeller's 1975 plan for a $100 billion Energy Independence Authority, would profit many companies, small and large alike. Any rush to build synfuel plants would bring new orders for makers of steel, drilling-equipment tools and construction machinery. Says Julian Ward, vice president at Houston's Brown & Root construction firm: "Any company with design-engineering and construction capability is going to have a part of this thing-it's so big. The spending would sop up the entire U.S. petrochemical-engineering know...
...more in the Third World, then gradually introduce it into the U.S. Perhaps in five years people may be able to buy it throughout the country, for a penny or so more a bottle than Coke or Tab, because it is costlier to make and the company aims to profit. Moving faster would be hard, Austin points out, because Coca-Cola is already at full production with its regular soft drinks...