Word: timidity
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Dates: during 1980-1989
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HHOW COULD HONOR survive very long in anyone who has worked on newspapers--and for their publishers? Most papers, after all, are timid, wretched things that can reliably be counted on for the truth only in such small matters as baseball scores, stock market quotations and yesterday's weather. And their publishers, by and large, have the same regard for the truth that a cocker spaniel has for a fireplug...
...think maybe the board was too timid," he said. "I think there's reason for the board to take some sanctions...
...Lines has long dodged the merger dogfights that have broken out all over the skies. Rather than pursue competitors, prosperous Delta (fiscal 1986 profits: $47.3 million) has grown by adding hubs in Dallas and Cincinnati. Last week Delta tacitly admitted that such a strategy might be a bit timid for these turbulent times. Seeking to become a force in the West, the carrier announced that it was buying Los Angeles-based Western Air Lines for $860 million. If approved by the Department of Transportation, the deal would give Delta two new hubs, in Salt Lake City and Los Angeles...
...empire is often surprising but rarely anything less than impressive. On Wall Street, where wizards come and go with the shifting sands of the stock market, Larry Tisch has for decades inspired awe as an uncannily successful investor. He is cautious where others are carefree, daring while others are timid. In corporate boardrooms across the U.S., Tisch is known and feared as a tough negotiator who will disarm his strongest adversary and tenaciously protect his investments. To his 22,000 employees, the name Tisch is synonymous with an unerring ability to control any cost, expose any extravagance. From such talents...
Meanwhile, galloping inflation overwhelmed the timid rate cuts Congress enacted; it steadily pushed taxpayers into higher brackets even when their earnings rose less than prices. That fanned public perception that the whole system had gone haywire. In 1972 a poll by the Advisory Commission on Intergovernmental Relations found that the public rated the federal income tax the fairest of all taxes. By 1980 respondents rated it the least fair. A revolt of sorts started. By Treasury figures, tax evasion more than doubled, from $42.6 billion in 1976 to $90.5 billion...