Word: rand
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...hunting takeover sharks, who are likely to chop far more brutally and indiscriminately than the present managements. No less a titan than ITT warily shook off a takeover bid by Raider Irwin Jacobs in 1985. That effort gave renewed impetus to a slimming exercise already begun by ITT Chairman Rand Araskog. Since 1980, Araskog has sold off more than 100 businesses, and last year he cut ITT's work force by 100,000, or 44%, and slashed headquarters staff from about 850 to 350. Says Araskog: "Corporate executives have to learn to do things for themselves. Pick up the telephone...
...they can call their own, the anti-nuclear advocates carry on despite 20 years of null impact on American or Soviet policy. It's ironic that until very recently, both this nation's nuclear strategists and their foes still relied on vintage 60's ideas, one set from the Rand Corporation and the other from Columbia pictures...
...impetus for the voucher program was a study by the Rand Corp. that reached just the conclusion that free-market advocates wanted to hear: rental units in many cities are plentiful but too expensive for lower-income people. Though liberal critics derided the idea as just another way to cut services to the poor, the Administration is now well along on a five-year, $200 million pilot program to test vouchers in 20 communities. To date 15,000 leases have been subsidized by vouchers; eventually the Government plans to subsidize 140,000 rental units...
...that have been so powerful. But the implementation of these policies is hindered because ((Gorbachev)) has not had time to develop the support among mid- and lower-level officials. It's a huge machine, and it's very hard to get a handle on it." Jeremy Azrael of the Rand Corp., a West Coast think tank, says that regional party bosses have become "feudal barons" and that Gorbachev has to gain control over them before he can be master of the national party...
...prison does at least keep criminals off the street. Home confinement cannot guarantee that security. Some data, tentative and incomplete, do suggest, however, that felons placed on intensive probation are less likely to commit crimes again than those placed on traditional probation or sent to prison. Joan Petersilia, a Rand Corp. researcher, says the recidivism rate of such offenders is impressively low, "usually less than 20%." And many keep their jobs, she adds. "That's the real glimmer of hope -- that in the long run these people will become functioning members of the community...