Word: launchful
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...country's angry exile community (180,000 in The Netherlands alone), former Prime Minister Henk Chin A Sen is mobilizing diplomatic support from his bases in The Netherlands and the U.S. Last week he published Horb's eyewitness account of the executions. Bouterse may nonetheless launch another brutal purge while some 1,000 exiled military men may yet galvanize a disgruntled populace into another coup. But no one can be sure that a change of power would restore democracy or prosperity to Suriname. As Chin A Sen says, "We don't want to replace Frankenstein with Dracula...
Depressed states and cities are battling back to attract new companies with tax breaks and seed money. Cleveland is launching a $5 million venture-capital fund that will give money to new local companies. Cincinnati has put together a $15 million war chest. Illinois and Chicago set up a ten-story, low-rent "incubator building" in the city for fledgling firms. Last fall, when a group of electronics companies announced plans to launch a joint computer research center that would have an annual budget of up to $100 million, 57 cities in 27 states put in bids...
...backs Rohatyn's proposal for a new Reconstruction Finance Corporation, patterned on the agency set up during the Depression, to loan money to needy industries. A group of five Democratic Congressmen led by Stanley Lundine of New York introduced a bill this month that would, among other things, launch a national industrial development bank to provide capital to help companies become competitive internationally. Says Lundine: "In today's context, we are simply not able to generate the kind of patient capital necessary to foster innovative, emerging enterprises. We are not able to finance the huge reinvestments necessary...
...general euphoria were serious concerns about the industry's future. Sales are growing incredibly fast: from $4.7 billion last year to $7.7 billion this year and to a projected $21.6 billion by 1987. As the industry gets bigger, the risks get bigger too. No longer can someone launch a company from a garage with pocket money. A new firm like Compaq Computer, which makes a portable IBM work-alike computer, spent $30 million getting started. Carving out a piece of the market is also expensive. Advertising used to consist of just a few homemade ads in electronic hobby magazines...
...admissions office should certainly launch an inquiry similar to but more intense than last year's endeavoring to speak to Black acceptees personally and find out specific reasons they turned Harvard down. But more important, the College must take a wider view of what has seemed so far to be merely an admissions, problem. The controversy over FDO minority events drew the accusation from some students that Harvard is supportive of minorities only as long as the results "show," as in admissions, but that once minorities are safely enrolled, questions of support and sensitivity take a back seat...