Word: bails
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Self-Made Millionaire Connally, who as Treasury Secretary led the fight to bail out ailing Lockheed, makes no apologies for his ardent support of milk producers, large oil companies or Big Business in general. "Business creates jobs, and business needs help," he says, ci ing the declining productivity
Boggs says that the person who objects to federal aid on the grounds that Chrysler has not made enough sacrifices or because the company bears much of the blame for its own downfall "is a much less difficult problem than someone who has a philosophical objection" to a federal bail-out of a particular company. "We'll just show them the consequences to the government if it doesn't choose to help Chrysler," he said...
Chrysler seemed to think it had the government coming and going. If the legislator or bureaucrat, ignorant of Chrysler's history, accepted the blame for Chrysler's failure, then it would seem that the government would have little choice but to bail the company out. If not, Chrysler points to the plants in your state that would shut down, citing the hundreds of thousands of workers who would be unemployed...
Clearly, Sindona has the funds to maintain a luxurious lifestyle in almost any country. Investigators believe that he actually has been living on money that he salted away during his years of wheeling and dealing. In any event, he had no trouble in making bail after his arrest in New York last March: he put up his apartment in the Pierre Hotel, which is worth $500,000, and $ 150,000 in cash...
Wary of Congress's reluctance to bail out Lockheed in 1971 and New York City in 1975-the legislators finally voted for both programs by small margins-the Carter Administration laid down basic conditions that Chrysler will have to meet...