Word: shrewd
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...those who have truly gone bankrupt-roughly 10% of those with serious debt problems-about the only solution is to go to court and file a bankruptcy petition. This was once considered scandalous-like, say, getting a divorce-but now it is almost respectable, even a shrewd move. Moreover, the Bankruptcy Reform Act of 1978 makes it easy: the standard filing fee is $60, and creditors must hold their fire while the details are worked out. The ease of filing personal bankruptcies is considered a key factor behind the great increase of them since 1979. hind the great increase...
This week leftist unions and Socialist Party organizations will celebrate the first anniversary of the electoral victory that brought Mitterrand's Socialists and his Communist allies to power for the first time since the '30s. What the celebrators can cheer most honestly is just the sort of shrewd maneuver demonstrated by the President in the police-law dispute: compromise, adding the water of realism to his ideological wine...
...idea of producing Falstaff originated four years ago, when Giulini became music director of the Los Angeles Philharmonic, succeeding Zubin Mehta. He and Ernest Fleischmann, the orchestra's shrewd executive director, agreed that Giulini would lead at least one fully staged opera under ideal working conditions during his tenure. Since 1968, when he performed Mozart's The Marriage of Figaro at the Met, Giulini has turned down all offers to conduct opera in the theater. Accustomed to only new productions at such major opera houses as Milan's La Scala and London's Covent Garden, Giulini...
...studied at the Argentine Military College. As he rose through the ranks, he became known as a "soldier's soldier" who commanded respect and loyalty among his men. An impressive figure standing ramrod straight at 6 ft. 2 in., Galtieri enjoys a reputation in Washington as tough and shrewd. He is considered a potentially warm ally of the U.S., where he studied army engineering in 1960-61. Despite his credentials as a political hard-liner and staunch antiCommunist, Galtieri was not directly identified with the political oppression that engulfed the country after the over throw of Isabelita...
DIED. Abe Fortas, 71, prominent Washington lawyer, shrewd political adviser and former Justice of the Supreme Court; of a ruptured aorta; in Washington, D.C. Fortas was noted for his superlative legal craftsmanship, which also became a hallmark of the influential law firm he helped found, now known as Arnold & Porter. He argued the landmark Gideon vs. Wainwright case, in which the Supreme Court found in 1963 that poor defendants are entitled to free lawyers. President Lyndon Johnson, of whom he was a confidant, appointed him to the court in 1965. Four years later Fortas became the first Justice to resign...