Word: slashe
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Advanced nations tend to rely more and more on activist government to enlarge their citizens' wellbeing. But the more government does for people the bigger government gets-and the smaller citizens feel. What champion can fight city hall, slash red tape and rescue the Little Guy from the insolence of Big Bureaucracy...
...institutional investors. Not only were shares overpriced, but Argus reported that there was a hint of over-inventory. Advancing technology had cut the cost of making microcircuits, but the savings had not yet been passed along to customers; for weeks there had been suspicions of an impending price slash, which presumably would be reflected in lower earnings. Morning after the Argus report, a big mutual fund, with its own pessimistic conclusions about Fairchild, offered a block of 100,000 shares; almost immediately, a second fund came in with another 100,000. Now everyone seemed to be selling Fairchild-and Texas...
...Skin Tariel, the knight in the leopard skin, was the great folk hero of Georgia -before Joseph Stalin came along. To the warlike people of the high wine-and-fruit-growing country between the Black and Caspian seas, Tariel was the perfect combination of vice and virtue. He could slash a man in two with a snap of his whip, slay 10,000 enemies in a single sortie, then weep like a woman at the thought of his own cruelty. Stalin went Tariel one better: he shed no tears. Yet all of Georgia wept when its favorite son died...
...action will appeal to youngsters most of all. The "Carosello of the Roses," for example, is a dazzling sword fight between six horsemen who try to slash short-stemmed roses from each other's helmets. The "Coliseum" num ber is even more savage. It opens with a gladiator whipping a half-clad "Roman slave," winds up with two four-horse chariots racing madly around the ring to see who can get to the victim first. The winner has the honor of tying the slave behind his chariot and dragging him across the arena and through the exit at full...
That is not all of Wolfson's woes. In April, as a result of several shareholder suits, Merritt-Chapman & Scott agreed to slash Chairman Wolfson's annual compensations from last year's $525,-000 to $150,000. The settlement came unstuck when the SEC asked the New York State Supreme Court to adjourn the case temporarily. The Commission's lawyer said that it was completing an investigation that could have consider able bearing on the case. Court hear ings resume this week, and the SEC plans to return with what it calls "ma terial facts" concerning...