Word: tough
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Dates: during 1980-1989
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Even so, American's Crandall is as tough as barbed wire and likely to unleash a counterattack to protect his company. Crandall has a proprietary attitude, having crafted the airline's go-go expansion since he became company president in 1980. He invented the frequent-flyer program and instituted the first supersaver fares. To cut labor costs, Crandall introduced a two-tier wage system under which younger hires were paid less than veteran workers. "Crandall won't give up easily," says an industry hand. "He sees American as his company. Trump's bid is a slap in his face...
Although Bakker will almost certainly not get the maximum penalty (120 years and $5 million in fines) when he is sentenced Oct. 24, he is likely to spend time behind bars. Potter had earlier meted out a tough eight years in prison and a $200,000 fine to former Bakker aide Richard Dortch, even though Dortch testified for the prosecution. Two other staffers who provided evidence drew draconian prison terms for tax evasion...
Still, Bush's forceful calls for Noriega's ouster have created expectations in some quarters that the U.S. would intervene at some critical juncture to assist a coup attempt. The President's unwillingness to back tough talk with forceful action did not go unnoticed on Capitol Hill. No sooner had the shooting stopped in Panama than the shouting began in congressional chambers, resulting in some of the oddest political couplings in recent memory...
Heavily in debt, Zenith has reported losses in three of the past four years. Says Chairman Jerry Pearlman: "We are a highly leveraged company in two very tough businesses. We really felt we couldn't do either of them appropriate justice." Pearlman had tried to sell the company's TV division, but no buyers were willing to pay the reported $400 million asking price...
...already 96% cleaner than it was before pollution-control measures were introduced two decades ago. Noting that the House limits would be tougher than those President Bush put forward in his clean-air package last summer, General Motors President Robert Stempel asserted, "For our business it would be extremely tough. It went further than the President proposed, and we're deciding how to handle...