Word: levitts
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...would have been Big Business 25 years ago, are considered fairly small or at most middling in these inflationary days. Unlike the community of large corporations, the mass of these outfits seldom speaks with one voice on issues that affect them. Now someone wants to be their champion: Arthur Levitt Jr., chairman of the American Stock Exchange, where 95% of the 964 listed companies have revenues under $350 million. He proposes to form a lobby that would be patterned after the Business Roundtable, whose members include the chiefs of 190 of the nation's biggest corporations. His organization, Levitt...
Small companies have special needs, Levitt argues. Government regulations are an especially heavy burden on them. By Levitt's reckoning, the cost of complying with environmental, safety and other rules comes to $32 per $100,000 of sales for companies with less than $100 million in revenues, vs. $4 for larger corporations. Because small companies are not as well known and therefore need to broaden their shareholder base and increase ownership of their stock, they prefer cuts in capital gains taxes rather than the increased depreciation allowances advocated by big companies. Says Levitt: "Our kinds of companies...
...companies do not seem to know what to do. Says a Commerce Department staffer in Washington: "We have hundreds of companies that are very worried about this. They keep phoning up and asking, 'How do we collect? What are we supposed to do?'" Complains an official for Levitt Industries, a New York builder that has contracted to build $220 million in low-income housing for Iranian government workers: "Our whole project is in a state of limbo. All we have is a lot of signed papers...
...irregularity. Their faces look as if they are literally repressing the emotions they feel. Evans' subjects, however, appear as if they have come to their emotionless states purely by chance; it is as if he has caught them in a single moment before or after something has happened. Helen Levitt's high-spirited photographs of children in the over-crowded streets of New York City also point to the cool detachment and relative stillness of Evans' subjects. Her children either dance through the photographs with wild gestures and extreme expressions or stare soulfully out in an effort to grab...
WHETHER PHOTOGRAPHING with a small, hidden camera on the New York subways or approaching women on Havana's streetcorners, Evans always gave his subjects the freedom and space to interact within their own environment. Levitt's lonely man watching TV on a streetcorner, Friedlander's self-portrait in a sleazy hotel room and Evans' dreaming sailor on the subway--these photographs succeed because of the seeker's sensitivity in approaching his subject. Just as Evans' sequence of closeups of miners' faces bespeaks the unjustified nature of their existence, Robert Frank's photograph of wealthy office seekers with their tall, black...