Word: settlement
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Dates: during 1970-1979
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...might after all be on the Administration's side, that Iran was sinking gradually into chaos and that Khomeini might be more willing to listen to the President's basic message: Let's make a deal. The Administration, however, carefully avoided raising public expectations that a settlement was in sight. Said a high State Department aide: "I am more optimistic this week than last, but only...
...educational television, the oil companies appear to be going into social welfare programs. When Getty Oil last week signed a consent decree with the Department of Energy, which had accused the company of violating federal price regulations on crude oil, natural gas liquids and refined products, the $75 million settlement included a novel provision. Getty agreed to pay one third, or $25 million, into an escrow account to be administered by the DOE to "provide relief to economically disadvantaged people in meeting their energy expenses for this winter." These funds will supplement the $1.35 billion in Government grants that Congress...
...Counsel for Compliance, which has more than 400 auditors and 200 lawyers, was set up nearly two years ago to uncover profiteering. Because past efforts nailed few alleged offenders, the DOE turned for advice to a sister agency, the Securities and Exchange Commission. Bloom had the power to negotiate settlements, and he modeled them after the SEC's consent decrees. Companies that sign them with the DOE neither admit nor deny wrongdoing, but agree to stop what they have been doing and make a financial settlement...
...What can be done to negotiate a settlement...
...also seeks the creation of an employee stock ownership plan, which some Senators are promoting as a way to give workers a stake in their firms and share in profit growth. But, following Inflation Fighter Alfred Kahn's earlier attack on the "outrageous" United Auto Workers' wage settlement with Chrysler, the committee's most contentious call was for a three-year wage freeze. Potential saving to the company: $1.32 billion...