Word: zenith
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Business leaders in other fields cheer Chrysler's off-the-mat selling drive, but many oppose federal aid. True, a number agree with Zenith Chairman John Nevin, who argues, "I don't think you can casually stand aside and watch a company the size of Chrysler go down. You have to calculate the cost of Chrysler going under and ask if it is worth something to prevent that." But many more echo Clarence Barksdale, chairman of the First National Bank in St. Louis: "If you have any belief in the free-enterprise system, you have to let weak...
March 4, 1979--Harvard's athletic year reaches the zenith with Crimson swimmers dazzling more than 100 screaming fans at Blodgett Pool as the aquamen smoke past Princeton to win the Easterns...
...Zenith...
...Zenith Chairman John Nevin...
...ever-higher interest rates come to pass. It is more than a little ironic that the people who suffer the most from high inflation--the poor, the jobless, the sick and the elderly--would bear the burden of a shrinking federal budget. With interest-group politics at its zenith, the weak and disorganized would, as usual, lose out. According to a Prentice-Hall estimate, for example, the recently passed changes in corporate taxation (from a normal and surtax basis to a graduated tax), will reduce those taxes by about five billion dollars--enough to pay for Carter's job cuts...