Word: accountability
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Dates: during 1970-1970
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...teach. Electronics firms have laid off 5% of their personnel in Massachusetts. William Kukers, 52, lost his $20,000-a-year job as a project manager with Avco Corp., now supports his wife and 16-year-old son on $68 a week in unemployment compensation and a dwindling savings account. Automobile manufacturers have slashed their payrolls by 18,500, and Detroit's advertising agencies have laid off more than 200 employees, many of whom are dipping into their savings as they search for jobs...
...possessed of beliefs that are more than a personal moral code; he must have taken into account the "thoughts of wise men" and consulted some system of belief beyond his own personal interest, desire or wishes on the question...
Addicts also account for much of the $2 billion worth of tools, office machinery and other goods stolen from corporations and stores each year. In New York City, which conservatively counts 50,000 heroin addicts, about 80% of the shoplifting is attributed to drug users, including some employed at the stores. Drug abuse is particularly apparent in the stockrooms of major department stores, says Dr. Mitchell Rosenthal, director of New York City's Phoenix House drug rehabilitation program...
Setting Up SIPC. A securities-industry task force and the Securities and Exchange Commission last week presented separate bills to Congress. Both bills would establish a Securities Investor Protection Corp. (abbreviated SIPC and pronounced sipic) that would insure each investor's account for as much as $50,-000. SIPC would be empowered to raise an initial fund of $75 million, and eventually $150 million, from brokers. In a pinch, it could also borrow up to $1 billion from the Treasury to pay off customers of insolvent brokers; it would repay the loans by assessing solvent brokers...
...adman named Jerry Delia Femina was sitting around with some colleagues trying to dream up a campaign for Panasonic, a Japanese electronics account. "I've got it," he chortled. "I see a headline. Yes, I see this headline...