Word: greenwald
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Dates: during 1990-1999
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...says Kadlec, "and if you're desperate for cash, a $1.50 charge is really insubstantial." Still, to many it seems like too much to pay. "It's hard to know who's the good guy and who's the bad guy in this situation," says TIME business writer John Greenwald. "On the one hand, these systems cost the banks money that they have a right to recoup. On the other hand, it's galling to consumers to be charged every time they use a machine." It doesn't help that consumers are not in a particularly forgiving mood when...
...company that feels pressure to break ranks will destroy whatever discipline the airlines might have," says TIME senior economic writer John Greenwald. The competitive price climate is good news for consumers' pocketbooks, but it could further erode matters on the service front. The cheaper fares are meant to attract more passengers -- and that, says Greenwald, means "that somewhat more affordable ride will probably translate into more cramming into increasingly uncomfortable planes...
...John Greenwald. Reported by Richard Woodbury/Denver
...predatory practices by American at its Dallas-Fort Worth hub -- such as the calculated use of lower fares and more flights -- to push out start-up airlines. "This is the first major action of its kind since deregulation of the industry in 1978," says TIME senior business writer John Greenwald. And together with the department?s announcement that it is investigating similar practices by other airlines, "it looks like Justice has decided to focus on one of the major consequences of that deregulation," he says...
...airlines have long complained that the major carriers have used deregulation to concentrate their power around key travel hubs, which they then use to chase out competitors and raise prices. "Justice?s move squarely addresses one of the major tactics large carriers have used to create fortress hubs," says Greenwald. It is also another indication that the resurgent antitrust division, under the activist leadership of Joel Klein, is determined to have an impact on the conduct of the nation?s business. Though the division has been tolerant of most mergers, says Greenwald, "it has been wary of large amounts...