Word: xeroxes
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...with Mafia connections, cheats, employers of professional arsonists and, worse still, jerks, clowns and buffoons. With the exception of Margaret Pynchon, the gracious owner of the Los Angeles Tribune on Lou Grant, nowhere on prime time is there anyone remotely resembling such constructive businessmen as Joseph C. Wilson of Xerox, Edwin Land of Polaroid, Alfred P. Sloan of General Motors or Thomas Watson of IBM. Is art reflecting life? Or is art looking for handy villains to make stories move between commercials...
Dubbed by one Wall Street wag the "Accountants' Full Employment Act of 1977," the legislation has forced companies not only to beef up their internal auditing staffs but to check and double-check the propriety of even the most inconsequential payments. Example: in Xerox's Cairo office, local staffers had to get permission from a senior corporate officer in the U.S. before they could pay $8 a month in tips to Egyptian telex and telephone repairmen...
...most of them privately held, are proliferating from coast to coast, particularly in California and the Boston-New York-Washington corridor. Even Watson's Cold Spring Harbor Laboratory on Long Island, N.Y., is planning a research company. Wall Street analysts disagree about which fledgling firms will become the Polaroid, Xerox or Texas Instruments of gene splicing, or indeed survive the infant industry's inevitable shake-outs and growing pains. But a handful seem to be well ahead of the pack, and have attracted wide interest in the fields of both science and industry...
Members of the club raised more than $40,000 for the trip, soliciting funds from nearly 100 corporations. Sponsors include Xerox and the Ford Motor Company Fund...
Other panelists and speakers at the ninth annual conference also emphasized the difficulties that Blacks face in the business world. Glegg Watson, an affirmative action official at Xerox, Inc., quoted President Bok's Open Letter--"minority students still appear to view themselves as guests in a strange house"--in describing what he said were the comparable feelings of Black managers...