Word: withdrawnness
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...control. In the words of Markkula, the problem was "to keep the race car on the track." The introduction in 1980 of Apple III, a more powerful version of its predecessor, was a fiasco. The new machines, plagued by production snafus, were full of bugs and had to be withdrawn from the market. Early last year some 40 employees were fired, and the project manager of Apple III resigned: Since then, Apple's growing pains have eased. Sales of a retooled Apple III have improved, and those of the less expensive Apple II Plus, which is available...
...year dream came as a result of mysteriously timid planning and an underlying insensitivity to the needs of the nation's most prestigious college art collection and fine arts training facility. They add that at least $11 million in contributions and pledges solicited for the expansion project will be withdrawn...
Donors serving on the supervisory Visiting Committee for the Fogg confirmed a recent public statement by Fogg Director Seymour Slive that millions of dollars pledged to the museum addition have already been lost because supporters have withdrawn donations in the wake of Bok's decision. In the future, these sources added. Harvard's main capital fund drive may lose substantial support from benefactors angered by the sudden cancellation of the Fogg expansion...
...save the nation's banks. The largely unregulated banking system, which Democratic Senator William Gibbs McAdoo of California said "does credit to a collection of imbeciles," was on the brink of total extinction. During the last week of the Hoover regime, $250 million in gold had been withdrawn by frightened depositors. Overall bank reserves now stood at a mere $6 billion against liabilities of $41 billion. Roosevelt decided that he had no choice but to proclaim a nationwide "bank holiday" to last until he could push a recovery bill through Congress. And so it was done. The banks were...
Putnam expressed disappointment that Harvard had not taken the statue and said he had withdrawn the offer only because "it was very clear they didn't want it." The with-drawal is "firm and final," Putnam said, however. "I'll probably just sit on the statue for a while," he added...