Word: torpedos
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Fred Ikle. The new Undersecretary of Defense for Policy, third-ranking member of the Pentagon hierarchy, was an adviser to Reagan during the campaign. As head of the Arms Control and Disarmament Agency under President Ford, Ikle, 56, fought hard to torpedo the SALT I agreement. While Kissinger was in Moscow putting the final touches on the agreement, Ikle was at the White House arguing against the treaty. Caspar Weinberger wanted to appoint another SALT opponent, Paul Nitze, to the job, but Senator Helms and other conservatives argued that he had not been an active Reagan supporter. In a FORTUNE...
This approach does not always make for good movies. An actor's revelation may not be a character's truth; a series of bravura scenes may torpedo the narrative structure. What is meant as a species of cinema verite may too easily become as specious as old-fashioned movie-star acting. Cassavetes is a deadly serious director, but his films are best seen as rickety star vehicles. His most shining star-his Bette Davis, his Gloria Swanson, his Joan Blondell-is his wife Gena Rowlands. In Gloria, he has finally realized her strengths and her limitations...
Boeing fundamentally won the contest on the basis of superior engineering. The Boeing missile was able to fly closer to rough terrain without any loss of target accuracy than its competitor. It had a better aerodynamic design for air launchings than the torpedo-like General Dynamics entry, which was a modification of a submarine-launched missile that the company had already made for the U.S. Navy. The Air Force wanted its own source for its missile...
Reaction to the Federal Reserve's action was strong. Retailers complained that the new rules would torpedo Christmas spending, if controls last that long, because credit limits were set in sales-slow March. They also questioned how they would sort out major purchases, like refrigerators, which are exempted from the regulations, from less expensive credit-restricted items, like fancy leather goods. Economists estimate that the card crackdown would have a measurable, if minor, impact on inflation. Consumers, in any case, will be forced to think twice about spending their plastic money, and banks and retailers now have an excuse...
...headlines rolled. First: "Aquawomen Torpedo Maine, 65-64"; then: "Aquawomen Swim by Huskies"; and next: "Crimson Aquawomen Torpedo Bruins." Suddenly, the Harvard women's swim team was 7-1, and on top of the world. Its only loss had been a heart-breaker to B.U. early in the season, a loss which the Crimson was to avenge with a victory in the Greater Boston Championships...