Word: rand
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Dates: during 1980-1989
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...documents that may be introduced as evidence. Millions more, of course, will go toward the lawyers' fees. A dozen asbestos victims protested the high cost outside the courtroom on the trial's first day, although the huge proceeding will not necessarily affect what they are paid. A Rand Corp. study estimates that litigation expenses already consume 63 cents out of every dollar spent in asbestos lawsuits. Said one picket's sign: LAWYERS PLAY WHILE VICTIMS...
...corporation, Americans have a penchant for making lists of the best and the worst, then arguing about the results. Since 1939, when Psychologist E.L. Thorndike devised a "goodness index" to rate U.S. cities, no rankings have inspired more disagreement than those about home sweet home. The latest edition of Rand McNally's Places Rated Almanac can only add to the controversy. According to the 449-page paperback released last week, the best all-round metropolitan area in which to live in the U.S. is Pittsburgh. The worst: Yuba City, Calif...
Cities in the basement are already contesting the criteria. By last weekend, Rand McNally was overwhelmed with outraged calls. One caller, Pat Lile, a Pine Bluff, Ark., development promoter, complained of Pine Bluff's 328th-place rating: "They don't contact one person or make one phone call. Other people use their data, and the damage proliferates." Said Mayor Edward Bartholomew of Glens Falls, N.Y., which ranked 290th: "We're going to have a public burning of (Rand McNally's) almanac and all their maps." Responded Rand McNally Public Relations Director Conroy Erickson: "All we've done is supply...
...prison," he said. "On the other hand, we cannot order their release if they remain committed to violence, sabotage and terrorism." Critics questioned Botha's motives, suggesting that he had acted to get into the open the issue of the A.N.C.'s advocacy of violent change. Asked the Rand Daily Mail: "Was it a ploy, couched in such terms that Mandela had little choice but to reject...
After taking over from Geneen in 1980, Chairman Rand Araskog tentatively began to shed some of the conglomerate's less profitable divisions; last week he announced that ITT was going on the corporate equivalent of a crash diet. In the coming months, it plans to sell more than a dozen subsidiaries with assets of $1.7 billion. That will be a 12% slash in the company's current assets of $14.1 billion. Officials disclosed only a partial list of the units for sale. They include Eason Oil, the Bobbs-Merrill publishing house and O.M. Scott & Sons, which makes Turf Builder lawn...