Word: turnoveritis
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Businessmen, particularly pension-fund managers, who control more than $130 billion in assets-the largest pool of private capital in the country-are wary of the bill, particularly of its provisions for mandatory vesting. Jean M. Lindberg, senior vice president of Chase Manhattan Bank, a major fund manager, predicts that...
Three days before her election in 1970, says a former aide, "she calls me on Sunday morning at 7:30. I hear a roar: 'How dare you sleep? This is the candidate!'" When she first came to Washington, she phoned another staffer at 2 a.m. and bellowed: "My...
There are three possible explanations for Ulbricht's absence. One is that he was really ill. That is credible enough for a man who will be 78 next week, though one political expert said: "Sick or not, he is out." Another is that he was actually sacked from his...
A center of the new Australian culture is the suburban club, which bears about as much resemblance to the typical U.S. country club as the Manhattan telephone book does to the Social Register. The $1,400,000 East Sydney Club, for instance, has 20,000 members who pay $5 a...
Typical of the Pilbara's new mining towns is Mount Newman at the foot of Mount Whaleback. Its 2,700 people represent no fewer than 43 nationalities, including one Icelander. Every dwelling is air conditioned, since the temperature runs over 100° F. for two solid months during the...