Word: reines
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Dates: during 1980-1989
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...adopted the philosophy that once you hook up with a customer-even if you do not charge him enough at first-you will eventually be able to make money on him. We started to put a little pressure on this M.B.A., and just when we were about to rein him in, one of our major competitors hired him with a huge increase in salary. M.B.A.s build up impressive résumés, but it takes a little while to determine whether they are good at what they do. I think 'glittery' is a nice word to describe...
...editing on video rather than film. But the concept of actors and artisans under contract recalls the studio system that flourished for 40 years and died out in the '60s. Can Zoetrope work? Can it be profitable? Will a dozen cantankerous directors chafe under the effusive rein of an auteur-mogul? Many people in the New Hollywood, including some of Coppola's competitors, hope he makes it. Others are more skeptical. Says Ned Tanen: "Francis has all the answers. Too bad someone doesn't give him the questions...
Another year of economic stagnation. That is the gloomy picture that TIME'S European Board of Economists sees for 1981. As nations struggle to absorb rapid-fire energy price shocks from the Middle East, unemployment in Europe will climb and torrid inflation will cool only slightly. To rein in rising prices, governments have resorted to traditional tactics, in particular sharply slowing the growth of their money supplies. The result is, however, an international war of high interest rates that threatens to deepen and prolong the economic malaise. Says Hans Mast, executive vice president of Switzerland's Credit Suisse...
...Secretary will have to be equally resourceful at the Labor Department. Business groups will want him to rein in pesky regulatory agencies like the Occupational Safety and Health Administration. Unions will want him to resist those pressures and to quash the idea, popular among businessmen, of a lower minimum wage for youths. While declining to take a stand on such issues before his confirmation hearing, Donovan does say that he thinks reducing the Government's role in the economy is crucial. Says he: "We no longer have the best and the cheapest. We must get back to work...
Until last week, Lech Walesa and other union leaders had not been able to rein in Solidarity's rank and file. But in response to the Moscow summit, Solidarity warned its local branches not to strike without its authorization. The next major test of his control could come at week's end with the start of observances marking the tenth anniversary of the 1970 Gdansk riots, in which at least 49 Poles were killed. This symbolic occasion could touch off another bout of labor unrest and perhaps force Moscow's hand...