Word: welched
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Former Senator Howard Baker once called Republican fund raiser Ted Welch "the No. 1 political fund raiser in all history." In late December, Welch signed up as Mitt Romney's national finance co-chair after one meeting. Welch admits he was also approached by the McCain campaign, but "I did not even think of them." Why? He says there was an "incident...
...school's sense of community and, in cases like Bryant's, often showcase coaches as exemplary teachers who burnish instead of blemish a school's academic aura. But that's precisely the sin of Alabama and other schools: by morphing the college coach from Knute Rockne into Jack Welch, they're once and for all admitting that when it comes to building their self-esteem as institutions of higher learning, football is the sine qua non instead of the complement...
DIED. Kenneth Taylor, 86, who, with squadron mate George Welch, became the first U.S. Army Air Force pilots to get airborne immediately after the Japanese launched their attack on Pearl Harbor; in Tucson, Ariz. Taylor, then 21, was on his first assignment at Hawaii's Wheeler Field, and had spent the previous night in black tie at an officers' club fete. Hearing machine-gun fire, he grabbed Welch--and his tuxedo pants--and drove to their planes. Under fire, he and Welch shot down six enemy planes. "I wasn't in the least bit terrified," he later said...
...DIED. Kenneth Taylor, 86, who, with squadron mate George Welch, became the first U.S. Army Air Force pilots to get airborne-and, under fire, shoot down at least six enemy planes-immediately following the Japanese attack on Pearl Harbor; in Tucson, Arizona. Taylor, then 21, was on his first assignment at Hawaii's Wheeler Field on the morning of Dec. 7, 1941. Hearing machine-gun fire, he grabbed Welch and drove to their planes. "I wasn't in the least bit terrified," he later said. "I was too young and too stupid to realize that...
...insatiable demand for rising returns, even for papers with loyal readership and steady ad support. But now that a bevy of bigwig buyers are itching to own prestigious dailies, newspapers in key markets may benefit from a return to private ownership. Why would baron bidders like Hank Greenberg, Jack Welch and David Geffen--who have expressed interest in the Tribune Co., the Boston Globe and the L.A. Times, respectively--rush in to bet on slow-growth newspapers? Perhaps they're aware that 85% of adults either read a paper every week or visit its website. Less pressure from Wall Street...