Word: scandal
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...many cases, what they have done, for whatever reason, amounts to abandonment. Mary Adelaide Mendelson, of Cleveland, a former community-planning consultant, has spent ten years studying institutions for the aged. Last year, in a book titled Tender Loving Greed, she concluded that U.S. nursing homes are a national scandal. She writes: "There is widespread neglect of patients in nursing homes across the country and evidence that owners are making excessive profits at the expense of patients...
...from obtaining routine licenses to killing unfavorable tax legislation. "There is no universal ethical absolute," says Gulf Oil Corp. Chairman Bob Dorsey. "What is immoral to some is perfectly correct to others." The willingness of American corporations to go along with this system has now exploded into a spreading scandal, and the bad publicity has embarrassed both the corporations and the governments involved. Last week came one of the more dramatic reactions. The government of Bolivia, demanding to know the names of all officials who had received $460,000 in political "contributions" from Gulf in the 1960s, jailed Gulfs only...
Most executives would think at least twice before agreeing to take over the management of a multinational food company plagued by heavy losses, bitter internal feuds and a sensational international bribery scandal. When Wallace W. Booth was first offered the chief executive's job at United Brands Co. two months ago, he promptly declined. Booth did not feel that his experience suited him for running a food company. During 20 years with Ford Motor Co., he played a major role in setting up the company's financial control system, became a director and eventually headed Ford...
...with almost anyone else," recalls a former colleague, "but I never went to him with a half-formed idea." Beyond knocking heads together, Booth faces a formidable array of challenges. The company is negotiating to sell off all its holdings in Panama; the discussions were interrupted by the bribery scandal. In connection with the bribes, at least seven stockholder lawsuits have been filed; and in addition to the U.S. Attorney's office in New York, the SEC and a Senate subcommittee are also investigating the company's affairs. Financially, United Brands is saddled with high interest payments...
...Honduras, a six-member committee investigating the bribe concluded that the recipient had been former Economy Minister Abraham Benna-ton Ramos. He and Honduran Chief of State Oswaldo Lopez Arellano were both ousted from office last month in the wake of the scandal...