Word: slush
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Dates: during 1970-1979
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Fish scales are at their best in loose snow and slush but are slightly less effective in their glide. Also, in hard-frozen crusty snow a slight--and extremely obnoxious--buzzing sound is created. If, however, you are one of those who have avoided central heating all these years as "unnatural," then you will also reject these recent attempts to make life easier and insist on waxing your skis...
...throw lavish parties at the Burning Tree Golf Club and produce timely gifts for key politicians. But Gulf Oil Corp. seems to have gone further than most. The giant company (1974 sales: $16.5 billion), now the target of four federal investigations, is accused of operating a covert $10 million slush fund for the benefit of some top politicians at home and abroad. The practice directly defies a federal law that forbids corporate donations to politicians running for national office. As a result of testimony that has recently become public, Gulf's top executives are in deep trouble, and many...
...make illegal political donations in the future. It also bared many secrets. In June the company submitted a 539-page report, prepared by a special committee of the board, containing exhaustive information on how Ashland executives had managed to divert corporate assets into an $800,000 U.S. political slush fund that was kept hidden in a safe. The report also indicated that from 1967 to 1972 a CIA operative was on Ashland's payroll, and that the CIA reimbursed the company for part of his salary...
...looked like the aftermath of a Three Stooges pie-throwing party. The sun was making headway against all the stickiness, washing it smooth with the pale glow of pink lemonade. You hardly notice skies around Cambridge: all spring means is that you pick your eyes up from the slush and mud puddles and occasional faces where they've rested all winter, and look at the trees now and then. But when you're on a ship in the South Atlantic the sky makes your whole world because it blends with the sea out there at infinity. You become...
...company failed to include in its proxy statements and annual reports the fact that it had "created a secret fund of corporate monies for the making of unlawful political contributions and other purposes." The SEC also charged that Gulfs balance sheets were understated because they failed to reflect the slush fund's value. Gulf signed a consent decree in which it agreed not to sin in the future. But Wild, who resigned last year after paying his fine, refused to sign the decree...