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Word: transoceanic (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

Hastily summoned to Nassau last week, Gramco's directors assembled in marathon meetings, occasionally sending out for hamburgers and Chivas Regal. Meantime, employees at Gramco's mock colonial headquarters fended off a flood of transocean phone calls from anxious shareholders in many far-off countries. Emerging from one meeting, Vice President Joseph Jordan delivered a pep talk to worried USIF salesmen. "We are solvent," he said. "If we have to, we'll clear the deck-tighten our belts, cut officers' salaries, drop employees. I get nothing. The shareholders will get paid." That, of course, remains...

Author: /time Magazine | Title: Mutual Funds: Gramco: The Second Domino | 10/19/1970 | See Source »

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