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...standing before Federal Judge Robert L. Taylor was impeccably groomed and held himself ramrod stiff. In a loud and clear voice, Otto Kerner last week vowed before a packed courtroom in Chicago that he would "continue to challenge the erroneous verdict rendered against me." With that, Judge Taylor sentenced Kerner, 64, a U.S. Court of Appeals judge and twice Governor of Illinois, and Co-Defendant Theodore Isaacs to three years in prison and $50,000 in fines. In February, a jury had found both guilty of taking part in a dubious race-track stock deal in which Kerner, while Governor...

Author: /time Magazine | Title: TRIALS: Easy on Kerner | 4/30/1973 | See Source »

Bank credit cards, particularly Master Charge and Bank Americard (30 million holders each), do offer stiff competition to the Money Card. And Space Bank, Amexco's computerized hotel-reservation service, has lost money consistently since it was started in 1969. But these problems are minor annoyances to the executives who have made the American Express name synonymous with the U.S. presence abroad. One perverse sign of the company's world prestige: when students surged through Zurich streets to protest the Viet Nam settlement last winter they ignored the U.S. consulate and all other American establishments in the city...

Author: /time Magazine | Title: CORPORATIONS: Embassies of Money | 4/30/1973 | See Source »

Both crews rowed with well-drilled precision and pose through choppy waters, into a stiff quartering headwind, and successfully past a wandering sailor who drifted into the middle of the race course where he was nearly drawn and quartered by a sixteen-blade floating Veg-O-Matic...

Author: By M. DEACON Dake, | Title: Lights, Heavies Sweep Biglin, Stein Cup Races | 4/23/1973 | See Source »

...that Ruckelshaus had passed one test of an impartial compromise: he outraged both sides about equally. Ralph Nader, Detroit's perennial fifth wheel,* charged that the EPA decision amounted to "capitulation to the domestic auto industry, pure and simple." Automen insisted that the interim standards are still too stiff. General Motors Chairman Richard Gerstenberg pronounced himself "dismayed"; Henry Ford II pledged to "examine the avenues of administrative, legislative and legal recourse open to us" to get both the interim and final standards softened. The contrasting denunciations unintentionally symbolized what Ruckelshaus himself called "the ambivalence of the American public...

Author: /time Magazine | Title: AUTOS: Partial Reprieve on Pollution | 4/23/1973 | See Source »

Although the increase in applications bodes well for Radcliffe, the stiff competition that it produces made at least one applicant nervous enough to send in a phony letter withdrawing another woman's application...

Author: By Emily Wheeler, | Title: 653 Women Get Thick Letters | 4/21/1973 | See Source »

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