Word: unsounded
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...could not sell. After the strike was settled, Jones was unable to resume construction. The Federal Home Loan Bank Board cut him off from further funds by seizing control of his money supply, the Long Beach Federal Savings & Loan Association. The S & L was accused of "unsafe and unsound" practices-notably a $17 million loan on Bellehurst. Litigation dragged on endlessly amid accusations of inflated appraisals, dubious sales contracts and an unrecorded loan...
...correct, the stated ground of the decision was that publication by the Press would put the University in a position of "taking sides in a scientific controversy." This seems to me to be unsound. The publication of particular books by the University Press does not constitute an act of corporate University policy, but rather a decision of subgroups within the University acting within their own range of academic freedom. The problem links directly with the status of the Faculty because the ultimate responsibility for publication decisions rests with the Board of Syndics of the Press who are members...
...into a new vocation and, in effect, start a new career to fill their lives. For the majority, early retirement is cruel. It may cover up to 30 years, or one-third of a man's whole life span. It is also, Dr. Wright argued, economically and socially unsound...
...strike began. The biggest burden, of course, will fall on the principals themselves. The U.A.W., warned Walter Reuther, "will be tested as it has never been tested before." Proclaimed Henry Ford II, chairman of the shut-down auto company: "The strike will be costly. But the effects of an unsound settlement would be far more pervasive, longer lasting and, in the final analysis, even more costly...
...problem is too vast and complex to be resolved by any one sector," he said. "The failure to move on urban problems is not only socially disastrous but also economically unsound. Each year of delay in funding programs will inexorably require enormously greater expenditures in the future." Added Pittsburgh's Mayor Joseph Barr: "Regrettably, it took a national calamity to provide the urgency and concern which makes this meeting possible...