Word: transamerica
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...worked so well at the 1984 Los Angeles Olympics, organized by Ueberroth (whose name in German means "above red," not to mention "in the black"), that Harvard also decides to sell corporate sponsorships for 1986 Class Day at $4 million a crack. Plastered all over campus are signs reading: "TransAmerica: The Official Conglomerate of Harvard's Class of 1986;" "Union Carbide is a Proud Backer of the Crimson's Finest;" and "Skoal Long-Cut: The Official Cheek and Gum Carcinogen of 1986 Class...
...paid no taxes in at least one of the last four years. Those were the findings of a report issued last week by Citizens for Tax Justice, a Washington research and lobbying group supported by labor unions, churches and public-interest lawyers. Among the artful tax dodgers: Boeing, Pepsico, TransAmerica, Greyhound, Grumman and Lockheed. The companies did nothing illegal. They simply applied every loophole, exemption and credit available...
Three Black leaders--Rep Walter E. Fauntroy (D-D.C.). Civil Rights Commission member Mary Ann Berry, and Transamerica Executive Director Randall Robinson--launched a sit in at the South African embassy in Washington to call for the release of two recently tailed Black South African labor-leaders. The three were arrested on charges of illegal entry and spent the night in D.C. jails before their release on Friday...
...surface, reform of the federal income tax, which has been debated for decades, would seem to be an idea whose time has finally arrived. The demand for change has been fueled by public indignation over reports that such highly profitable corporate giants as General Electric, Boeing, Dow Chemical and Transamerica have paid no tax at all in some recent years. There is widespread discontent over tax shelters that have brought investors $2 or $3 in write-offs for every $1 invested. The underground economy, which deals in cash transactions that leave no paper trail, permits its participants to evade some...
Frank Herringer, a group vice president of Transamerica Corp., installed an Apple in his suburban home in Lafayette, Calif, and spent a weekend analyzing various proposals for Transamerica's $300 million takeover of the New York insurance brokerage firm of Fred S. James Co. Inc. "It allowed me to get a good feel for the critical numbers," says Herringer. "I could work through alternative options, and there were no leaks." ? Terry Howard, 44, used to have a long commute to his job at a San Francisco stock brokerage, where all his work involved computer data and telephoning. With...