Word: would
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Dates: during 1980-1989
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When the casinos finally came, they caught both the city and the state completely unprepared. Then Governor Brendan Byrne was so intent on keeping casinos out of the hands of organized crime that much of his energy went into developing a body of law and a bureaucracy that would do the job. As a result, the two regulatory agencies that enforce the formidable Casino Control Act spend $59 million annually to police twelve casinos, in contrast to $15.7 million for 285 casinos in Nevada. The two agencies can, in the words of Carl Zeitz, a former member of the casino...
...ADVENTURES OF MILO AND OTIS. Milo is a barnyard kitten and Otis his dogged friend in this live-action children's film narrated by Dudley Moore. If cute were still a word of approval, Masanori Hata's charming parable would earn...
When an ordinary company takes on a load of debt, the people who have the most to fear are employees and investors. But when an airline goes heavily into hock, the worriers are joined by another group: customers. If an airline is bogged down by debt, they wonder, would the carrier be tempted to save money by lowering its standards on maintenance and other safety measures? Everyone from passengers to politicians has begun to debate that question as billion-dollar takeover wars sweep the U.S. airline industry. Says Jerome Lederer, founder of the Virginia-based Flight Safety Foundation, an aviation...
...revolving disk caused the tail engine on a United Airlines DC-10 to blow apart last July. The mishap crippled the jet's hydraulic steering system, killing 112 people when the plane crash-landed in Sioux City, Iowa. (McDonnell Douglas said last week that it would modify its DC-10s to ensure safe landings even if all hydraulic systems failed...
Amid the growing scrutiny, the takeover whirl accelerated last week. In Chicago directors of UAL, the parent company of United Airlines, approved a bid by the carrier's management and pilots' union to buy out the second largest U.S. carrier for $6.75 billion. In the highly leveraged deal, employees would own 75% of the company, top managers would get 10% and investor British Airways would have 15%. Beverly Hills billionaire Marvin Davis, who had bid $6.19 billion for UAL, said he would match the management group's offer if that package were to fail. In Washington a takeover group headed...