Word: slacks
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...black labor (U.S. subsidiaries prefer to play by the official rules). For some companies, use of the secret labor pool can spell the difference between survival and bankruptcy. Italian industry is bound hand and foot by prounion laws that make it virtually impossible to lay off workers in slack periods, mandate extensive and expensive fringe benefits and tie official factory wages to soaring prices; unionized workers further stage incessant strikes and have horrendous rates of absenteeism. In a sense, the clandestine workers and their employers are reintroducing really free enterprise into a rigid system...
...directly from the mini-gymnastics devised for cramped U.S. astronauts on flights to the moon. Explains Jürgen Palm, the German airline's fitness guru: "The problem of long-distance airline passengers is the same as that of astronauts: how to keep the muscles from going all slack and the blood from settling in legs and feet and to keep the joints from becoming stiff. For people who are not in shape, getting off a long flight is like a convalescent's getting up from a long time...
What moved Kuhrmeier to set up his bank within a bank remains a psychological mystery. So far, investigators appear to be convinced that he gained no personal profit from the alleged fraud. But as a top London banker points out, the scandal "could have happened in any other country. Slack management is not just a Swiss problem." What makes the case special is that no other country seeks to maintain such a mystique about its "inviolable" banking system. The scandal spotlighted the extent to which Swiss banks are trusted to police themselves. The chief external watchdog, the Bern-based Federal...
Young toughs call it "kiddie court" because of its leniency; so do policemen and prosecutors. New York City Family Court, governed by strict laws designed to protect children and served by slack bureaucracies, primarily handles domestic disputes, but it is also where the kid criminals between seven and 15 are sent. TIME Bureau Chief Laurence I. Barrett watched delinquency proceedings in the Manhattan branch. His report...
...even without the services of first baseman Mike Hudgens, the nation's number two RBI man with 72. Hudgens was unavailable as a result of a virtual coach's nightmare; he lost concentration while playing catch, and the ball shattered his nose. But no one could take up the slack better than the nation's number one RBI man (87), second baseman Bob Horner, who also tied the NCAA homer mark with 22 round trippers...