Word: columbus
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Dates: during 1980-1989
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Mansfield then set up a comparison case, that of "a young man, born in abject poverty of academic parents. He attended North High School in Columbus, Ohio. After that there was nothing for him, but to go to Dartmouth, and, as a crowning disappointment, to get his Ph.D. from Yale. From this pinnacle of educational disadvantage, he went to the job market, and he paid. He paid the compensation that the woman had collected, because he was not considered as an individual with his merits either, but as a representative of a class or a group. The person who collected...
...soon as John G. McCoy took over from his father in 1958 as head of the City National Bank and Trust Co. in Columbus, he asked the board of directors to spend 3% of each year's profit on research and development. The directors responded: "This is a bank. Why do you need research?" Explained McCoy: "I don't know. That's what I want to find...
What McCoy, now 68, discovered has made his bank perhaps the most advanced financial institution in the U.S. The company, which has a 30-acre data processing center outside Columbus, has earned a king-size reputation as an innovator in financial services and electronic banking. And, even though it is only the 77th largest in the U.S., McCoy's bank during the past seven years has ranked among the top four in return on assets. Symbolic of the changes, McCoy renamed the parent bank holding company Banc One (Ohio law does not permit the word bank in the title...
Nonetheless, some of Banc One's innovations have flopped. Neither consumers nor merchants liked the point-of-sale terminals that the bank installed in 35 Columbus area stores in 1976. These allowed customers in stores to guarantee checks, charge purchases and obtain cash directly from their bank accounts. The experiment has so far cost the bank...
...life as well as to that of the insult. There is psychiatry, for one thing. Mothers can no longer be joked about; victims agree with the worst that is said about them. There is provincialism, for another. Oscar Wilde explained: "Of course, America had often been discovered before Columbus, but it had always been hushed up." You could not get away with that today, even if you thought of it, because nations are as touchy as individuals. Then, too, no one wields real criticism any more. In 1905 Shaw's play Mrs. Warren's Profession was hailed...