Word: squeezees
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Shernoff says that the nonconfinement clause is only one lever that unscrupulous adjusters may use to squeeze customers out of their benefits. Another device is the common requirement that insured people fully disclose their medical histories. In one California case, a Shernoff client with a back injury had been denied...
In the search for higher interest, they put the squeeze on banks
The secretary squeeze has been developing gradually over the past five years, and corporate expansion is only one of the causes. In large part, the shortage is a side effect of the women's movement and equal opportunity programs. Now that they are encouraged to start out in management...
Meanwhile, shortages have begun turning up everywhere. Aluminum is in short supply, and such companies as Boeing and McDonnell Douglas must place their orders far in advance to have enough on hand to meet aircraft delivery schedules. Metalworking machinery is also scarce, as are the steel forgings needed by automakers...
INADEQUATE INVESTMENT In the 25 years up to 1973, business spending on new plants added about 3% a year to the nation's capital base-plants and machines-but since then the total has risen only some 1.75% a year. Businessmen blame the drop on regulation, profit squeeze, high...