Word: accountable
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Dates: during 1970-1979
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...When the company was founded, I felt it was important to keep the number of people small--it's cheap, effective, and lets you focus on the major issues," Cabot says. "The great joy and benefit Harvard has is one account for one group of people around a table...
...rious sarcasm. "Complete collectivization was under way, they had destroyed ku laks as a class, and here were these blind men, walking around singing songs of dubious content." Shostakovich vows that some day, the people who were respon sible for this and similar "evil deeds" will be brought to account, if only before their descendants. "If I didn't believe in that completely, life wouldn't be worth living...
...high as the law allows-13.38% in New York on a three-year car loan. But bankers will tighten standards for receiving such loans; some say they will scrutinize a borrower's "relationship" with the bank. Translation: if you don't already have a savings or checking account there, don't bother asking for a loan. Bright spot: student loans will continue to be available, and at interest rates as low as 7%. Bankers figure that cutting back on student loans would be terrible public relations...
...Laboratory, contends that new products that promise tidy but unextravagant revenues go unsupported by Big Business even though the initial investment might be low. Says he: "Large companies could care less about the guy who has a $100,000 idea. They'd lose that in the paper-clip account." Such technological triumphs as Xerography and Polaroid film were developed by small innovator-entrepreneurs only after larger firms turned down the ideas...
...picks up his lifeless son, hugs him and whispers, "Be good. Try at least. Don't be like that." Later he fakes a suicide while his son watches. In the light of these episodes, Geoffrey Wolff's greatest achievement is not that he managed to write such a balanced account of his upbringing, but that he managed to come through this upbringing with his sanity intact...