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...effort to stop such corruption, revelations of which rocked the government of Takeo Miki in Japan and disgraced Prince Bernhard in The Netherlands, the Foreign Corrupt Practices Act made it a criminal offense to pay bribes of any sort to foreign officials to secure or retain business abroad. Punishment could be a prison sentence of up to five years and fines of as much as $10,000 for individuals and $1 million for corporations. The legislation also set up accounting procedures designed to make it virtually impossible for companies to disguise such "sensitive payments" or to hide them elsewhere...

Author: /time Magazine | Title: Big Profits in Big Bribery | 3/16/1981 | See Source »

...choose one's friends and lovers with absolute freedom. The lingering question, however, is: Are these choices actually made freely, or are they so encumbered by past associations and events that separatism is merely expedient? Certainly it is safer and more convenient for black and white to retain their color lines. But if these lines are retained not by choice but rather by fear, then the acts of division are not freely made. Indeed, they are as unnatural and distorted as anything that ever characterized the relationship...

Author: /time Magazine | Title: Time Essay: The Great Black and White Secret | 3/16/1981 | See Source »

First of all, many of their budget cuts fall on programs that do help people in need. The President's own Secretary of Labor admitted that by imposing hardship on those who can least afford it, the cuts were "not particularly humane." Surely, poor families unable to retain lawyers should not be denied legal aid. Surely, a family of four making a mere $11.000 per year should not be denied food stamps. Surely, a middle class family with several children in college should not be denied student loans...

Author: By Jess Velona, | Title: Why Reaganomics Won't Work | 3/12/1981 | See Source »

...week's end Fox's directors announced that they would negotiate with Davis, and old Hollywood hands believe that the oilman will eventually get his studio. For one thing, Davis has the important backing of Chris-Craft Chairman Herbert Siegel. For another, he promises to retain current Fox management. That will surely appeal to Stanfill, a hard-nosed boss who, Fox insiders say, has been feuding with other directors...

Author: /time Magazine | Title: The Fox Hunt: 20th Century-Fox Film Corp | 3/9/1981 | See Source »

...salesman sell an average of three "sets of books" a day, work six days a week and retain 43 per cent of the profits from their sales, Cowley said...

Author: NO WRITER ATTRIBUTED | Title: Book Company Recruiting Despite Ban By Harvard | 3/7/1981 | See Source »

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