Word: shockers
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...shocker. Or to use Hirsch's gobbledygook, we confront the "overwhelming implications of this status factor on social and economic policy...
...slide began early in the week, when both Exxon and U.S. Steel announced lower second-quarter earnings. Then on Wednesday came a shocker from Bethlehem Steel, which reported an operating loss of $75.4 million for the first half and cut its dividend. With that, the slide turned to slaughter: in frantic trading, the Dow plunged almost 20 points. For the week, it closed down 33 points, at 890.07, almost 10% below its January level...
...later that year the parent NLRB in Washington startled University administrators by agreeing to hear the union's appeal-an extraordinary development, and one that Steiner now says gave him the first indication that Harvard's position might not be invulnerable. Then last May, the NLRB delivered the real shocker, reversing the regional Board decision and ruling that the Med Area was a "separate community of interest" that District 65 legally could organize apart from the rest of the University campus. The Harvard attorneys, stunned by what they considered the Board's ignorance of precedent, saw their legal defense pared...
Still, Marathon Medalist Frank Shorter feels the long-range effect could be beneficial to U.S. athletics. Says he: "This is a shocker. It's time everyone woke up. We should do track the way it's done in tennis, where anyone can be a professional if he wants to, but amateurs and professionals can compete against each other. Maybe if Dwight's case gets enough attention, the IRS will do all of us a favor...
...those thoughts are probably secondary to Harvard's quest for a spot in the top four and home ice advantage for the first round of the ECAC post-season blood-letting. Combined with B.U.'s victory over Yale on Saturday and 6-1 shocker over top-ranked Clarkson on Sunday, Harvard's loss to the Quakers probably dropped the Crimson out of the running...