Word: tailspinning
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With most of that money gone, Lockheed is in a financial tailspin again, facing what Chairman Daniel Haughton calls "a straightforward matter of the possible need for additional cash." That understates the case: Lockheed could well become the first corporate victim of the energy crisis, and this time there is no savior on the immediate horizon...
...horrible call by an official during the first quarter sent the Crimson offense into their fatal tailspin. The contested play: a Stoeckel pass to McInally; the criminal: a stingy Yale defensive halfback named Charity; the crooked judge: an official who refused to call interference after Charity flattened McInally while (but not before) the Stoeckel throw was in transit; the result: in six plays a Yale touchdown. From then it was all downhill: 14-0, 21-0, 28-0, 35-0. Splash...
Financial Tailspin...
Dreben inherits a graduate school in the midst of a financial tailspin. The graduate students have felt the pinch more than others, and have responded with a demand to see the GSAS budget to determine for themselves the extent of the crisis...
...consent order to correct its practices or risk a formal complaint from the FTC. Meanwhile, complaints are clanking in from other chains, which are striving to meet A. & P.'s posted prices. Bohack President Joseph Binder fumes: "A. & P. is helping to place the supermarket business into a tailspin. That company is selling items at prices at which it could not possibly make a profit." Prospects of more bloodletting are worrying investors. In the past two weeks, the stocks of three major chains-Jewel, National Tea and Supermarkets General-all plunged to lows for the year...