Word: boilers
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Dates: during 1990-1990
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...Fund for Income and the High Yield Fund) grow to more than $2.4 billion in assets. At its peak, First Investors commanded an army of 5,000 sales agents spread throughout 285 offices in 49 states -- most of them inexperienced, ill trained and often crammed like cattle into boiler-room offices. The agents memorized scripted pitches that they parroted to customers, usually over the phone. The firm also uses a pyramid-style structure, similar to Amway's, in which agents recruit others in return for a cut of new revenues...
...began his campaign for justice soon after arriving at Harvard. During his first-year, he lived in Wigglesworth E. It was a cosy community of 12 friendly but overheated people, living above the dormitory's notoriously overactive boiler...
...conservatives argued bitterly over who was responsible for the party's fading power. Nine members of the twelve-member council were forced to give accounts of themselves, and the assembly was not about to let them get away with long-winded, cliche-laden speeches. Where past Kremlin meetings greeted boiler-plate presentations with perfunctory outbursts of applause, this one constantly interrupted party ideologist Vadim Medvedev's lackluster presentation with insolent rhythmic clapping. When chief economist Leonid Abalkin warned delegates that the socialist idea had begun to lose its popular appeal and the only way to save it was to switch...
...Soviet experts listened to Gorbachev's long toast of muted optimism, almost a plea for true friendship, and sensed that he was a little less confident than on his Washington visit in 1987. Showtime is over, and a political animal like Gorbachev has a hard time descending to the boiler room where the work must be done...