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Word: pyramid (lookup in dictionary) (lookup stats)
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...however, the company decided that it could not pay out that much in profit sharing and began buying back the managers' interests. Within six months, 50% of the managers had quit. And then the lawsuits began. Former managers claimed that the Fraction of the Action was actually a pyramid scheme that indirectly paid off top corporate officials with money put in by the restaurant managers. Charles P. Cattin, a former manager in Portland, Ore., sued Sambo's, charging fraud. Last month an Oregon court awarded him $925,000 in damages. The company paid settlements to resolve ten cases...

Author: /time Magazine | Title: A New Name | 8/17/1981 | See Source »

...process, the nation's 3,500 machine-tool companies have become the tiny base upon which all of American industry now sits like an inverted pyramid. The firms range from garage-size shops with one or two workers to giant manufacturing companies with employees numbering in the thousands. Large or small, the businesses all have one thing in common: they make the tools, drills, lathes, presses and other industrial machines without which no manufacturer can operate...

Author: /time Magazine | Title: A Shortage of Vital Skills | 7/6/1981 | See Source »

...cocaine business. Says he: "I started selling some to close friends because I couldn't afford to buy it for my wife and myself. We found a way to beat inflation." In fact most traffickers like Steve are engaged in a game that resembles the chain letter or pyramid schemes...

Author: /time Magazine | Title: Cocaine: Middle Class High | 7/6/1981 | See Source »

Above this devastation towers the still threatening mountain itself. Because the explosion literally blew the top off Mount St. Helens, its height has been reduced from 9,677 ft. to 8,300. Its shape has changed from a symmetrical, Fujiyama-like cone to a lopsided pyramid that resembles a broken tooth. Occasionally it still puffs smoke and steam...

Author: /time Magazine | Title: Environment: Slowly, the Wounds Begin to Heal | 5/18/1981 | See Source »

...Harvard graduate student this week proved there is a third correct answer to the controversial "pyramid" question on last fall's Preliminary Scholastic Aptitude Test (PSAT...

Author: NO WRITER ATTRIBUTED | Title: Student Finds Third PSAT Answer | 4/4/1981 | See Source »

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