21789020@unknown@formal@none@1@S@"Whatever you tried to change, whether it was cutting costs or attracting new partners, the big obstacle was the old union leadership," says oil consultant George Baker.@@@@1@27@@oe@2-2-2013
21789021@unknown@formal@none@1@S@Enter Mr. Guzman Cabrera, who has a clear understanding of where union leaders fit in the pro-enterprise regime of President Salinas.@@@@1@21@@oe@2-2-2013
21789022@unknown@formal@none@1@S@"I'm the secretary-general, if there is one," he says, greeting a visitor to his office.@@@@1@15@@oe@2-2-2013
21789023@unknown@formal@none@1@S@Beginning as a laborer in a refinery, Mr. Guzman Cabrera put in more than 40 years at Pemex before being pushed into retirement by La Quina after a dispute two years ago.@@@@1@32@@oe@2-2-2013
21789024@unknown@formal@none@1@S@Though he also long benefited from the system built by La Quina, Mr. Guzman Cabrera says union perks had simply gotten out of hand.@@@@1@24@@oe@2-2-2013
21789025@unknown@formal@none@1@S@They are "at the base of all of the problems of corruption," he says.@@@@1@14@@oe@2-2-2013
21789026@unknown@formal@none@1@S@Thus, in recent contract negotiations, Mr. Guzman Cabrera gave up the union's right to assign 40% of all of Pemex's outside contracts -- an enormous source of kickbacks.@@@@1@28@@oe@2-2-2013
21789027@unknown@formal@none@1@S@The union also ceded the 2% commission it had received on all Pemex maintenance contracts.@@@@1@15@@oe@2-2-2013
21789028@unknown@formal@none@1@S@(The union will keep a 2% commission on construction projects.)@@@@1@10@@oe@2-2-2013
21789029@unknown@formal@none@1@S@The new contract also eliminates the $15 monthly coupon, good only at union-owned grocery stores, that was part of the salary of every worker, from roughneck to chief executive.@@@@1@29@@oe@2-2-2013
21789030@unknown@formal@none@1@S@About 9,800 technical workers, notably chemists and lawyers, were switched to non-union status.@@@@1@13@@oe@2-2-2013
21789031@unknown@formal@none@1@S@Also, because of its reduced capital budget, Pemex has phased out about 50,000 transitory construction workers, reducing the work force to about 140,000, the union leader says.@@@@1@27@@oe@2-2-2013
21789032@unknown@formal@none@1@S@Mr. Guzman Cabrera says the union's sacrifices will be offset by a wage and benefit package that amounts to a 22% increase in compensation.@@@@1@24@@oe@2-2-2013
21789033@unknown@formal@none@1@S@But Pemex managers are the ones most thrilled by the contract.@@@@1@11@@oe@2-2-2013
21789034@unknown@formal@none@1@S@"We are retaking the instruments of administration," says Raul Robles, a Pemex subdirector.@@@@1@13@@oe@2-2-2013
21789035@unknown@formal@none@1@S@Pemex officials wouldn't say how much money the new contract would save the company, but one previous government estimate pegged savings at around $500 million a year.@@@@1@27@@oe@2-2-2013
21789036@unknown@formal@none@1@S@Pemex's customers also are pleased with the company's new spirit.@@@@1@10@@oe@2-2-2013
21789037@unknown@formal@none@1@S@Grupo Desc, a big conglomerate, has long depended on Pemex petrochemicals to produce plastic packing material.@@@@1@16@@oe@2-2-2013
21789038@unknown@formal@none@1@S@But when the Pemex plant shut down for an annual overhaul, it would never give notice to its customers.@@@@1@19@@oe@2-2-2013
21789039@unknown@formal@none@1@S@"The capriciousness would completely disrupt our operations," says Ernesto Vega Velasco, Desc's finance director.@@@@1@14@@oe@2-2-2013
21789040@unknown@formal@none@1@S@This year, for the first time, Desc and other customers were consulted well in advance of the Pemex plant's shutdown to ensure minimal inconvenience.@@@@1@24@@oe@2-2-2013
21789041@unknown@formal@none@1@S@Taming the union complements previous moves by the government to attract private investment in petrochemicals, which Mexico has been forced to import in large quantities in recent years.@@@@1@28@@oe@2-2-2013
21789042@unknown@formal@none@1@S@In May, the government unveiled new foreign investment regulations that create special trusts allowing foreigners, long limited to a 40% stake in secondary petrochemical companies, to own up to 100%.@@@@1@30@@oe@2-2-2013
21789043@unknown@formal@none@1@S@Later, the government reclassified several basic petrochemicals as secondary products.@@@@1@10@@oe@2-2-2013
21789044@unknown@formal@none@1@S@But Pemex's courtship with private companies, and especially foreign ones, is controversial in a country where oil has been a symbol of national sovereignty since foreign oil holdings were nationalized in 1938.@@@@1@32@@oe@2-2-2013
21789045@unknown@formal@none@1@S@"They are preparing the workers for what's coming: foreign control," wrote Heberto Castillo, a leftist leader.@@@@1@16@@oe@2-2-2013
21789046@unknown@formal@none@1@S@Mr. Guzman Cabrera and government officials insist that foreigners will be limited to investing in secondary petroleum products.@@@@1@18@@oe@2-2-2013
21789047@unknown@formal@none@1@S@But the new union leader makes no apologies for Pemex's more outward-looking attitude.@@@@1@13@@oe@2-2-2013
21789048@unknown@formal@none@1@S@"If we do not integrate into this new world of interdependence, sooner or later we're going to become victims of our own isolation," he says.@@@@1@25@@oe@2-2-2013
21790001@unknown@formal@none@1@S@Couple Counseling Grows to Defuse Stress@@@@1@6@@oe@2-2-2013
21790002@unknown@formal@none@1@S@MORE EXECUTIVES and their spouses are seeking counseling as work and family pressures mount.@@@@1@14@@oe@2-2-2013
21790003@unknown@formal@none@1@S@Some employers initiate referrals, especially if work problems threaten a top manager's job.@@@@1@13@@oe@2-2-2013
21790004@unknown@formal@none@1@S@Many couples "are like ships passing in the night," a communications gulf that sparks problems on the job and at home, says psychologist Harry Levinson.@@@@1@25@@oe@2-2-2013
21790005@unknown@formal@none@1@S@His Levinson Institute in Belmont, Mass., has seen in recent years a doubling in the number of executives and spouses at its weeklong counseling program.@@@@1@25@@oe@2-2-2013
21790006@unknown@formal@none@1@S@Employers foot the bill, he says, figuring what's good for the couple is good for the company.@@@@1@17@@oe@2-2-2013
21790007@unknown@formal@none@1@S@One East Coast manufacturing executive, faced with a job transfer his wife resented, found that counseling helped them both come to grips with the move.@@@@1@25@@oe@2-2-2013
21790008@unknown@formal@none@1@S@And the vice president of a large Midwestern company realized that an abrasive temperament threatened his career when his wife confided that similar behavior at home harmed their marriage.@@@@1@29@@oe@2-2-2013
21790009@unknown@formal@none@1@S@More dual-career couples also are getting help, with men increasingly bringing their working wives for joint counseling.@@@@1@17@@oe@2-2-2013
21790010@unknown@formal@none@1@S@"The level of stress for a woman is often so high, it's the husband who says, 'I'm worried about her,'" says psychologist Marjorie Hansen Shaevitz.@@@@1@25@@oe@2-2-2013
21790011@unknown@formal@none@1@S@Her Institute for Family and Work Relationships in La Jolla, Calif., has noted a doubling in the number of couples seeking help the past two years.@@@@1@26@@oe@2-2-2013
21790012@unknown@formal@none@1@S@"No matter how competent and smart you both are, the relationship almost certainly will erode if you don't have time to talk, to have fun and to be sexual," says Ms. Shaevitz.@@@@1@32@@oe@2-2-2013
21790013@unknown@formal@none@1@S@She urges client couples to begin a "detoxification" period, purging social and other nonproductive activities and setting time apart for themselves.@@@@1@21@@oe@2-2-2013
21790014@unknown@formal@none@1@S@"Putting those times on the calendar," she says, "is as important as remembering business appointments."@@@@1@15@@oe@2-2-2013
21790015@unknown@formal@none@1@S@Power of Suggestion Stronger in Japan@@@@1@6@@oe@2-2-2013
21790016@unknown@formal@none@1@S@HERE'S ONE more explanation for why Japan is a tough industrial competitor: Two of three Japanese employees submit suggestions to save money, increase efficiency and boost morale, while only 8% of American workers do.@@@@1@34@@oe@2-2-2013
21790017@unknown@formal@none@1@S@And the Japanese make far more suggestions -- 2,472 per 100 eligible employees vs. only 13 per 100 employees in the@@@@1@21@@oe@2-2-2013
21790018@unknown@formal@none@1@S@Data for 1987 from the National Association of Suggestion Systems and the Japan Human Relations Association also indicate that Japanese employers adopt four of five suggestions, while their U.S. counterparts accept just one in four.@@@@1@35@@oe@2-2-2013
21790019@unknown@formal@none@1@S@In Japan, small suggestions are encouraged.@@@@1@6@@oe@2-2-2013
21790020@unknown@formal@none@1@S@Each new employee is expected to submit four daily in the first few months on the job.@@@@1@17@@oe@2-2-2013
21790021@unknown@formal@none@1@S@U.S. companies tend to favor suggestions "that go for the home runs," says Gary Floss, vice president of corporate quality at Control Data Corp.@@@@1@24@@oe@2-2-2013
21790022@unknown@formal@none@1@S@That helps explain why American employers grant an average award of $604.72 per suggestion, while Japan's payment is $3.23.@@@@1@19@@oe@2-2-2013
21790023@unknown@formal@none@1@S@Still, suggestions' net savings per 100 employees is $274,475 in Japan vs. $24,891 in the U.S.@@@@1@16@@oe@2-2-2013
21790024@unknown@formal@none@1@S@U.S. companies developing management teams are wrestling with how to handle individual suggestion systems.@@@@1@14@@oe@2-2-2013
21790025@unknown@formal@none@1@S@Control Data, for one, plays down its employee suggestion program because it favors the team-management focus.@@@@1@16@@oe@2-2-2013
21790026@unknown@formal@none@1@S@Merger Fallout: Beware Employee Dishonesty@@@@1@5@@oe@2-2-2013
21790027@unknown@formal@none@1@S@CORPORATE security directors increasingly worry that merger mania spawns a rise in employee dishonesty.@@@@1@14@@oe@2-2-2013
21790028@unknown@formal@none@1@S@A Security magazine survey places the effect of takeovers and buy-outs among the industry's 10 biggest challenges.@@@@1@17@@oe@2-2-2013
21790029@unknown@formal@none@1@S@"If it causes management to take their eye off the ball, inventory shrinkage is going to be affected," says Lewis Shealy, vice president for loss prevention at Marshall Field's, the department store chain.@@@@1@33@@oe@2-2-2013
21790030@unknown@formal@none@1@S@A separate study of the extent of employee misconduct linked general job satisfaction to property loss.@@@@1@16@@oe@2-2-2013
21790031@unknown@formal@none@1@S@Co-author Richard Hollinger cites what happened at one family-owned company absorbed by a foreign giant.@@@@1@15@@oe@2-2-2013
21790032@unknown@formal@none@1@S@Pilferage climbed dramatically as many angry employees "felt abandoned by the former owners," says the University of Florida sociologist.@@@@1@19@@oe@2-2-2013
21790033@unknown@formal@none@1@S@But top management should watch for other tell-tale signs of employee misdeeds, like expense-account fudging and phone misuse.@@@@1@18@@oe@2-2-2013
21790034@unknown@formal@none@1@S@Security consultant Dennis Dalton of Ventura, Calif., thinks mergers often trigger longer lunch hours and increased absenteeism, conduct which can sap the bottom line more than thefts.@@@@1@27@@oe@2-2-2013
21790035@unknown@formal@none@1@S@New management can take several steps to reduce dishonesty.@@@@1@9@@oe@2-2-2013
21790036@unknown@formal@none@1@S@Most important, experts say, is to show that a company's ethical tone is set at the top.@@@@1@17@@oe@2-2-2013
21790037@unknown@formal@none@1@S@Mr. Dalton also recommends that the chief executive establish a rumor control center and move swiftly to bolster morale.@@@@1@19@@oe@2-2-2013
21790038@unknown@formal@none@1@S@Consultant John Keller of Southlake, Texas, urges that top management adopt a "tough hands-on approach" with very tight controls and monitoring.@@@@1@21@@oe@2-2-2013
21790039@unknown@formal@none@1@S@And security authority Robert L. Duston favors disciplining all employees who cheat.@@@@1@12@@oe@2-2-2013
21790040@unknown@formal@none@1@S@Firms Walk Fine Line In Distributing Profits@@@@1@7@@oe@2-2-2013
21790041@unknown@formal@none@1@S@ARE CORPORATE profits distributed fairly?@@@@1@5@@oe@2-2-2013
21790042@unknown@formal@none@1@S@A survey by Sirota, Alper & Pfau, a New York consulting firm, underscores the difficulty for top management in satisfying employees and investors on that score.@@@@1@26@@oe@2-2-2013
21790043@unknown@formal@none@1@S@Nearly seven of 10 investors think companies reinvest "too little" of their profits in the business.@@@@1@16@@oe@2-2-2013
21790044@unknown@formal@none@1@S@And half the employees surveyed think companies dole out too little to them.@@@@1@13@@oe@2-2-2013
21790045@unknown@formal@none@1@S@But both see a common enemy: About 66% of employees and 73% of investors think senior managers get too big a slice of the profit pie.@@@@1@26@@oe@2-2-2013
21791001@unknown@formal@none@1@S@Bank of New York Co. said it agreed in principle to acquire the credit-card business of Houston-based First City Bancorp. of Texas for between $130 million and $134 million.@@@@1@29@@oe@2-2-2013
21791002@unknown@formal@none@1@S@The move, subject to a definitive agreement, is part of a trend by big-city banks that have been buying up credit-card portfolios to expand their business.@@@@1@26@@oe@2-2-2013
21791003@unknown@formal@none@1@S@Just last month, a Bank of New York subsidiary agreed to buy the credit-card operation of Dreyfus Corp.'s Dreyfus Consumer Bank for $168 million, a transaction that is expected to be completed by the end of the year.@@@@1@38@@oe@2-2-2013
21791004@unknown@formal@none@1@S@First City's portfolio includes approximately 640,000 accounts with about $550 million in loans outstanding.@@@@1@14@@oe@2-2-2013
21791005@unknown@formal@none@1@S@First City, which issues both MasterCard and Visa cards, has agreed to act as an agent bank.@@@@1@17@@oe@2-2-2013
21791006@unknown@formal@none@1@S@At the end of the third quarter, Bank of New York's credit-card business consisted of 2.4 million accounts with $3.6 billion in loans outstanding.@@@@1@24@@oe@2-2-2013
21791007@unknown@formal@none@1@S@Bank of New York is currently the seventh-largest issuer of credit cards in the@@@@1@14@@oe@2-2-2013
21791008@unknown@formal@none@1@S@First City said that because of increased competition in the credit-card business, it had decided it either had to expand its own holdings substantially or sell them.@@@@1@27@@oe@2-2-2013
21791009@unknown@formal@none@1@S@"We think there's a good prospect that competition is going to get pretty fierce in this market," said James E. Day, a First City vice president.@@@@1@26@@oe@2-2-2013
21791010@unknown@formal@none@1@S@"We see it becoming a bargain-basement kind of business."@@@@1@9@@oe@2-2-2013
21791011@unknown@formal@none@1@S@The company estimated that the transaction would enhance its book value, which stood at $28.55 a share on Sept. 30, by more than $100 million, or about $4 a share.@@@@1@30@@oe@2-2-2013
21791012@unknown@formal@none@1@S@The company also said the transaction would bolster after-tax earnings by $3.25 a share when completed and boost its primary capital ratio to 7% from 6.63%.@@@@1@26@@oe@2-2-2013
21791013@unknown@formal@none@1@S@First City, which recently purchased three small Texas banking concerns, said it would use the proceeds to pursue additional expansion opportunities in the Southwest and elsewhere.@@@@1@26@@oe@2-2-2013
21791014@unknown@formal@none@1@S@With that possibility in mind, analysts said the transaction was a positive move for First City.@@@@1@16@@oe@2-2-2013
21791015@unknown@formal@none@1@S@"I think they'll be able to move faster to make acquisitions in Texas," said Brent Erensel, an analyst with Donaldson, Lufkin & Jenrette.@@@@1@23@@oe@2-2-2013
21791016@unknown@formal@none@1@S@"That's something they can do very well.@@@@1@7@@oe@2-2-2013
21792001@unknown@formal@none@1@S@British Airways PLC said it is seeking improved terms and a sharply lower price in any revised bid for United Airlines parent UAL Corp. following the collapse of a $6.79 billion, $300-a-share buy-out bid.@@@@1@34@@oe@2-2-2013
21792002@unknown@formal@none@1@S@Derek Stevens, British Air's chief financial officer, told Dow Jones Professional Investor Report a price of $230 a share is "certainly not too low," and indicated his company would like to reduce the size of its $750 million cash investment.@@@@1@40@@oe@2-2-2013
21792003@unknown@formal@none@1@S@He added the airline isn't committed to going forward with any new bid, and hasn't participated in bankers' efforts to revive the transaction that collapsed.@@@@1@25@@oe@2-2-2013
21792004@unknown@formal@none@1@S@"We're in no way committed to a deal going through at all.@@@@1@12@@oe@2-2-2013
21792005@unknown@formal@none@1@S@We're not rushing into anything.@@@@1@5@@oe@2-2-2013
21792006@unknown@formal@none@1@S@We don't want to be party to a second rejection," he said, adding that coming up with a revised offer could easily take several weeks.@@@@1@25@@oe@2-2-2013
21792007@unknown@formal@none@1@S@Mr. Stevens's remarks, confirming a report in The Wall Street Journal that British Air wants to start from scratch in any new bid for the nation's second-largest airline, helped push UAL stock lower for the fourth straight day.@@@@1@38@@oe@2-2-2013
21792008@unknown@formal@none@1@S@UAL fell $6.25 a share to $191.75 on volume of 2.3 million shares in composite trading on the New York Stock Exchange as concern deepened among takeover stock traders about the length of time it will take to revive the purchase.@@@@1@41@@oe@2-2-2013
21792009@unknown@formal@none@1@S@Under the original buy-out approved by the UAL board Sept. 14, UAL's pilots planned to put up $200 million in cash and make $200 million in annual cost concessions for a 75% stake.@@@@1@33@@oe@2-2-2013
21792010@unknown@formal@none@1@S@UAL management was to pay $15 million for 10%, and British Air was to receive a 15% stake.@@@@1@18@@oe@2-2-2013
21792011@unknown@formal@none@1@S@The buy-out fell through when Citicorp and Chase Manhattan Corp. unexpectedly failed to obtain bank financing.@@@@1@16@@oe@2-2-2013
21792012@unknown@formal@none@1@S@Since then, UAL stock has fallen 33% in what may rank as the largest collapse of a takeover stock ever.@@@@1@20@@oe@2-2-2013
21792013@unknown@formal@none@1@S@The tenor of Mr. Stevens's remarks seemed to indicate that British Air will take a more active, high-profile role in pursuing any new bid.@@@@1@24@@oe@2-2-2013
21792014@unknown@formal@none@1@S@He said he believes UAL management was badly advised on the funding of its original transaction.@@@@1@16@@oe@2-2-2013
21792015@unknown@formal@none@1@S@Mr. Stevens said British Air hasn't received any new buy-out proposals from the labor-management group, led by UAL Chairman Stephen Wolf, and hasn't received any indication of when one might be forthcoming.@@@@1@32@@oe@2-2-2013
21792016@unknown@formal@none@1@S@"As far as we're concerned, we're waiting for the dust to settle," he said.@@@@1@14@@oe@2-2-2013
21792017@unknown@formal@none@1@S@Although British Air is waiting to see what the buy-out group comes up with, Mr. Stevens said a revised transaction with less debt leverage is likely to be more attractive to banks.@@@@1@32@@oe@2-2-2013
21792018@unknown@formal@none@1@S@He said the original proposal is dead, and all aspects of a revised version are up for change, in light of the changes in UAL's market price, the amount of debt banks are willing to fund, and the price British Air would be willing to pay.@@@@1@46@@oe@2-2-2013
21792019@unknown@formal@none@1@S@Mr. Stevens said he expects the new price will be considerably lower, but declined to specify a figure.@@@@1@18@@oe@2-2-2013
21792020@unknown@formal@none@1@S@Asked whether a $230-a-share figure circulating in the market yesterday is too low, he said, "It's certainly not too low."@@@@1@20@@oe@2-2-2013
21792021@unknown@formal@none@1@S@He added the original offer was "a pretty full price," and that British Air's contribution "was quite a large chunk for us."@@@@1@22@@oe@2-2-2013
21792022@unknown@formal@none@1@S@British Air was originally attracted to the chance of obtaining a 15% stake in the company, but wasn't particularly happy with paying $750 million.@@@@1@24@@oe@2-2-2013
21792023@unknown@formal@none@1@S@"If the {new} deal had us putting up less money but still having 15%, that would be a point in our favor," he said.@@@@1@24@@oe@2-2-2013
21792024@unknown@formal@none@1@S@In any new proposal, British Air would expect a greater rate of return than the 20%-plus in the original proposal.@@@@1@20@@oe@2-2-2013
21792025@unknown@formal@none@1@S@In the event that the buy-out group stalls in reviving its bid, the UAL board could remain under some pressure to seek another transaction, even without any legal obligation to do so.@@@@1@32@@oe@2-2-2013
21792026@unknown@formal@none@1@S@Roughly one-third of its stock is believed held by takeover stock traders, who could vote to oust the board if they become impatient.@@@@1@23@@oe@2-2-2013
21792027@unknown@formal@none@1@S@Meanwhile, the buy-out group's task of holding its fragile coalition together, in the face of the bid's collapse and internal opposition from two other employee groups, has been further complicated by an apparent rift in the ranks of the pilot union itself.@@@@1@42@@oe@2-2-2013
21792028@unknown@formal@none@1@S@A pilot representing a group of 220 pilots hired during United's 1985 strike filed suit Friday in Chicago federal court to block the takeover.@@@@1@24@@oe@2-2-2013
21792029@unknown@formal@none@1@S@The dissident pilots oppose the plan because it would cause them to lose their seniority.@@@@1@15@@oe@2-2-2013
21792030@unknown@formal@none@1@S@UAL's management agreed to reduce the seniority of those pilots in exchange for the support of the United pilot union for the buy-out proposal.@@@@1@24@@oe@2-2-2013
21792031@unknown@formal@none@1@S@The 220 pilots involved in the suit aren't members of the union.@@@@1@12@@oe@2-2-2013
21792032@unknown@formal@none@1@S@The airline had allowed them to move ahead of some union members in seniority following the 1985 strike, a move the union had contested in a previous lawsuit.@@@@1@28@@oe@2-2-2013
21792033@unknown@formal@none@1@S@Judith Valente contributed to this article.@@@@1@6@@oe@2-2-2013
21793001@unknown@formal@none@1@S@Corporate efforts to control health-care costs by requiring evaluations prior to planned hospitalization and surgery haven't been sweeping enough to reduce the long-term rate of cost increases, according to a study by the Institute of Medicine.@@@@1@36@@oe@2-2-2013
21793002@unknown@formal@none@1@S@In the last decade, many corporations have embraced the "utilization management" cost containment strategy as a way to control health-care costs for employees.@@@@1@23@@oe@2-2-2013
21793003@unknown@formal@none@1@S@These programs vary widely, but often require second opinions on proposed surgery, preadmission reviews of elective hospitalizations and reviews of treatment during illnesses or recovery periods.@@@@1@26@@oe@2-2-2013
21793004@unknown@formal@none@1@S@Between 50% and 75% of today's workers are covered by such plans, up from 5% five years ago.@@@@1@18@@oe@2-2-2013
21793005@unknown@formal@none@1@S@"Although it probably has reduced the level of expenditures for some purchasers, utilization management -- like most other cost containment strategies -- doesn't appear to have altered the long-term rate of increase in health-care costs," the Institute of Medicine, an affiliate of the National Academy of Sciences, concluded after a two-year study.@@@@1@52@@oe@2-2-2013
21793006@unknown@formal@none@1@S@"Employers who saw a short-term moderation in benefit expenditures are seeing a return to previous trends."@@@@1@16@@oe@2-2-2013
21793007@unknown@formal@none@1@S@While utilization management frequently reduces hospitalization costs, these savings are often offset by increases in outpatient services and higher administrative costs, according to the report by a panel of health-care experts.@@@@1@31@@oe@2-2-2013
21793008@unknown@formal@none@1@S@The report suggested that current review programs are too narrow.@@@@1@10@@oe@2-2-2013
21793009@unknown@formal@none@1@S@"The unnecessary and inappropriate use of the hospital, and not the actual need for a particular procedure, has been the main focus," the panel said.@@@@1@25@@oe@2-2-2013
21793010@unknown@formal@none@1@S@"As a general rule, prior-review programs have not made case-by-case assessments of the comparative costs of alternative treatments or sites of care."@@@@1@22@@oe@2-2-2013
21793011@unknown@formal@none@1@S@The report said that utilization management should have more of an impact as federal research on the effectiveness of medical treatments helps lead to medical practice guidelines.@@@@1@27@@oe@2-2-2013
21793012@unknown@formal@none@1@S@Howard Bailit, a panel member and a vice president of Aetna Life & Casualty, said that utilization management will also do a better job of containing costs as it spreads to cover medical services delivered outside of hospitals.@@@@1@38@@oe@2-2-2013
21793013@unknown@formal@none@1@S@"There's pretty good evidence that utilization management has reduced inappropriate hospitalization," he said.@@@@1@13@@oe@2-2-2013
21793014@unknown@formal@none@1@S@But at the same time, spending on physician services and ambulatory care have mushroomed.@@@@1@14@@oe@2-2-2013
21793015@unknown@formal@none@1@S@"It's like squeezing a balloon," Dr. Bailit said.@@@@1@8@@oe@2-2-2013
21793016@unknown@formal@none@1@S@David Rahill of A. Foster Higgins & Co. said that clients of his consulting firm report that utilization management reduces their hospital care bills by about 5%, but he agreed that for the health-care system as whole, some of these savings are offset by administrative and outpatient care costs.@@@@1@49@@oe@2-2-2013
21793017@unknown@formal@none@1@S@Jerome Grossman, chairman of the panel, agrees that administrative costs of utilization management programs can be high.@@@@1@17@@oe@2-2-2013
21793018@unknown@formal@none@1@S@"You have a whole staff standing ready" to evaluate the appropriateness of recommended treatment, he said.@@@@1@16@@oe@2-2-2013
21793019@unknown@formal@none@1@S@Dr. Grossman, who also is president of New England Medical Center Hospitals in Boston, noted that the hospitals he runs deal with more than 100 utilization management firms and that many of them have different procedures and requirements.@@@@1@38@@oe@2-2-2013
21793020@unknown@formal@none@1@S@The panel urged greater efforts to reduce the complexity, paperwork and cost of utilization review.@@@@1@15@@oe@2-2-2013
21793021@unknown@formal@none@1@S@"Utilization management needs to better demonstrate that it reduces the wasteful use of resources, improves the appropriateness of patient care and imposes only reasonable burdens on patients and providers," the panel concluded.@@@@1@32@@oe@2-2-2013
21794001@unknown@formal@none@1@S@Renault and DAF Trucks NV announced a preliminary agreement to jointly manufacture a line of trucks in Britain and France.@@@@1@20@@oe@2-2-2013
21794002@unknown@formal@none@1@S@Philippe Gras, a Renault managing director, said the new line will cover trucks of between 2.5 tons and 4.2 tons and will be built at Renault's Bapilly plant in France and at DAF's British plant.@@@@1@35@@oe@2-2-2013
21794003@unknown@formal@none@1@S@The French state-controlled auto group and the Dutch truck maker plan to incorporate the new trucks into their product lines when they begin production toward the middle of the 1990s.@@@@1@30@@oe@2-2-2013
21794004@unknown@formal@none@1@S@Mr. Gras said he expects a definitive agreement between the two companies to be completed in the next few months.@@@@1@20@@oe@2-2-2013
21794005@unknown@formal@none@1@S@The venture is the latest example of the trend toward cooperative projects in Europe ahead of the 1992 deadline for eliminating trade barriers within the European Community.@@@@1@27@@oe@2-2-2013
21794006@unknown@formal@none@1@S@Renault and DAF are expected to invest a total of about three billion French francs ($157.8 million) in the venture, including FFr1 billion for design and development costs.@@@@1@28@@oe@2-2-2013
21794007@unknown@formal@none@1@S@In addition, the companies will each spend about FFr1 billion on tooling up their plants.@@@@1@15@@oe@2-2-2013
21794008@unknown@formal@none@1@S@Mr. Gras said the joint venture represents considerable savings for both Renault and DAF, since both companies would in any case have had to renew their existing ranges of light goods vehicles.@@@@1@32@@oe@2-2-2013
21794009@unknown@formal@none@1@S@By pooling their resources, the two groups have effectively halved the design and development costs that would otherwise have been entailed, he said.@@@@1@23@@oe@2-2-2013
21794010@unknown@formal@none@1@S@Renault officials said the potential European market for light trucks in the 2.5-ton to 4.2-ton range is between 700,000 and 800,000 vehicles annually, and Renault and DAF are aiming for a combined market share of about 11%.@@@@1@37@@oe@2-2-2013
21794011@unknown@formal@none@1@S@Both Renault and DAF will have world-wide marketing rights for the new range of vans and light trucks.@@@@1@18@@oe@2-2-2013
21794012@unknown@formal@none@1@S@Under a separate arrangement, British Aerospace PLC's Rover Group PLC subsidiary will also be able to offer the vehicles through its dealers in the U.K., and Renault's truck-building subsidiary Renault Vehicles Industriels will have similar rights in France.@@@@1@38@@oe@2-2-2013
21794013@unknown@formal@none@1@S@DAF is 16%-owned by British Aerospace, with a further 6.5% held by the Dutch state-owned chemical group NV DSM.@@@@1@19@@oe@2-2-2013
21794014@unknown@formal@none@1@S@The van Doorne family of the Netherlands holds an additional 11% of DAF's capital.@@@@1@14@@oe@2-2-2013
21795001@unknown@formal@none@1@S@The Federal Reserve System is the standard object of suggestions for organizational and institutional changes, for two reasons.@@@@1@18@@oe@2-2-2013
21795002@unknown@formal@none@1@S@First, its position in the government is anomalous.@@@@1@8@@oe@2-2-2013
21795003@unknown@formal@none@1@S@It has an unusual kind of independence from elected officials and still has authority over one of the most powerful of government's instruments -- the control of the money supply.@@@@1@30@@oe@2-2-2013
21795004@unknown@formal@none@1@S@Thus we have a condition that is easily described as undemocratic.@@@@1@11@@oe@2-2-2013
21795005@unknown@formal@none@1@S@Second, the responsibilities of the Federal Reserve as guardian of the currency, which means as guardian of the stability of the price level, sometimes lead it to take measures that are unpopular.@@@@1@32@@oe@2-2-2013
21795006@unknown@formal@none@1@S@As former Fed Chairman William McChesney Martin used to say, they would have to take the punch bowl away just as the party is getting interesting.@@@@1@26@@oe@2-2-2013
21795007@unknown@formal@none@1@S@So the Federal Reserve is an attractive target for complaint by politicians.@@@@1@12@@oe@2-2-2013
21795008@unknown@formal@none@1@S@The Fed is easily assigned the blame for unpleasantness, like high interest rates or slow economic growth, while the politicians can escape responsibility by pointing to the Fed's independence.@@@@1@29@@oe@2-2-2013
21795009@unknown@formal@none@1@S@This leads to proposals for "reform" of the Fed, which have the common feature of making the Fed more responsive to the administration, to the Congress and to public opinion -- without, however, any assumption of additional responsibility by the politicians.@@@@1@41@@oe@2-2-2013
21795010@unknown@formal@none@1@S@These proposals include changing the term of the chairman, shortening the terms of the members, eliminating the presidents of the Federal Reserve Banks from the decision-making process, putting the Secretary of the Treasury on the Federal Reserve Board, having the Fed audited by an arm of Congress (the General Accounting Office), putting the Fed's expenditures in the budget, and requiring prompt publication of the Fed's minutes.@@@@1@66@@oe@2-2-2013
21795011@unknown@formal@none@1@S@Some of these ideas are again under consideration in Congress.@@@@1@10@@oe@2-2-2013
21795012@unknown@formal@none@1@S@But these proposals do not rest on a view of what the Fed's problem is or, if they do, they rest on an incorrect view.@@@@1@25@@oe@2-2-2013
21795013@unknown@formal@none@1@S@They would not solve the problem; they would make it worse.@@@@1@11@@oe@2-2-2013
21795014@unknown@formal@none@1@S@The problem is not that the Fed is too unresponsive to the public interest.@@@@1@14@@oe@2-2-2013
21795015@unknown@formal@none@1@S@On the contrary, it is too responsive to an incorrect view of the public interest.@@@@1@15@@oe@2-2-2013
21795016@unknown@formal@none@1@S@The price level in the U.S. is now about 4 1/4 times as high as it was 30 years ago.@@@@1@20@@oe@2-2-2013
21795017@unknown@formal@none@1@S@On average, something that cost $100 30 years ago now costs $425.@@@@1@12@@oe@2-2-2013
21795018@unknown@formal@none@1@S@Or, a wage that was $100 30 years ago would buy only $23.53 worth of stuff today.@@@@1@17@@oe@2-2-2013
21795019@unknown@formal@none@1@S@On two occasions the inflation rate rose to more than 10% a year.@@@@1@13@@oe@2-2-2013
21795020@unknown@formal@none@1@S@In each case the ending of this unsustainable inflation caused a severe recession -- the two worst of the postwar period.@@@@1@21@@oe@2-2-2013
21795021@unknown@formal@none@1@S@The enormous inflation over the past 30 years was largely due to monetary policy.@@@@1@14@@oe@2-2-2013
21795022@unknown@formal@none@1@S@At least, it would not have happened without the support of monetary policy that provided for a 10-fold increase in the money supply during the same period.@@@@1@27@@oe@2-2-2013
21795023@unknown@formal@none@1@S@And that increase in the money supply would not have happened without the consent of the Federal Reserve.@@@@1@18@@oe@2-2-2013
21795024@unknown@formal@none@1@S@The basic problem of monetary policy, to which reform of the Fed should be addressed, is to prevent a recurrence of this experience.@@@@1@23@@oe@2-2-2013
21795025@unknown@formal@none@1@S@There were two general reasons for the mistaken monetary policy of the past 30 years:@@@@1@15@@oe@2-2-2013
21795026@unknown@formal@none@1@S@1. To some extent the Federal Reserve shared the popular but incorrect view that expansionary monetary policy could yield a net improvement in employment and output.@@@@1@26@@oe@2-2-2013
21795027@unknown@formal@none@1@S@2. Even where the Fed did not share this view it felt the need to accommodate to it.@@@@1@18@@oe@2-2-2013
21795028@unknown@formal@none@1@S@Despite all the formal provisions for its independence, the Fed seems constantly to feel that if it uses its independence too freely it will lose it.@@@@1@26@@oe@2-2-2013
21795029@unknown@formal@none@1@S@The common proposals for reforming the Fed would only make the situation worse, if they had any effect at all.@@@@1@20@@oe@2-2-2013
21795030@unknown@formal@none@1@S@Putting the Secretary of the Treasury on the Board of Governors, one of the leading proposals today, is an example.@@@@1@20@@oe@2-2-2013
21795031@unknown@formal@none@1@S@The secretary is the world's biggest borrower of money.@@@@1@9@@oe@2-2-2013
21795032@unknown@formal@none@1@S@He has a built-in, constant longing for lower interest rates.@@@@1@10@@oe@2-2-2013
21795033@unknown@formal@none@1@S@Moreover, he is a political agent of a political president, who naturally gives extraordinary weight to the way the economy will perform before the next election, and less to its longer-run health.@@@@1@32@@oe@2-2-2013
21795034@unknown@formal@none@1@S@These days, the secretary suffers the further disqualification that he is a member of a club of seven finance ministers who meet occasionally to decide what exchange rates should be, which is a diversion from the real business of the Federal Reserve to stabilize the price level.@@@@1@47@@oe@2-2-2013
21795035@unknown@formal@none@1@S@How should a reasonable member of the Federal Reserve Board interpret a congressional decision to put the secretary on the board?@@@@1@21@@oe@2-2-2013
21795036@unknown@formal@none@1@S@Could he plausibly interpret it as encouragement for the Fed to give primary emphasis to stabilizing the price level?@@@@1@19@@oe@2-2-2013
21795037@unknown@formal@none@1@S@Or would he interpret it as instruction to give more weight to these other objectives that the secretary represents -- low interest rates, short-run economic expansion, and stabilization of exchange rates at internationally managed levels?@@@@1@35@@oe@2-2-2013
21795038@unknown@formal@none@1@S@The answer seems perfectly clear.@@@@1@5@@oe@2-2-2013
21795039@unknown@formal@none@1@S@(True, a succession of Fed chairmen has given color to the notion that the Secretary of the Treasury belongs on the Fed.@@@@1@22@@oe@2-2-2013
21795040@unknown@formal@none@1@S@By their constant readiness to advise all and sundry about federal budgetary matters the chairmen have encouraged the belief that fiscal policy and monetary policy are ingredients of a common stew, in which case it is natural that the Fed and the Treasury, and probably also the Congress, should be jointly engaged in stirring the pot.@@@@1@56@@oe@2-2-2013
21795041@unknown@formal@none@1@S@The Fed's case for its own independence would be a little stronger if it were more solicitous of the independence of the rest of the government.)@@@@1@26@@oe@2-2-2013
21795042@unknown@formal@none@1@S@The Fed's problem is not that it is too independent, or too unpolitical.@@@@1@13@@oe@2-2-2013
21795043@unknown@formal@none@1@S@The Fed is responsive to, and cannot help being responsive to, the more overtly political part of the government.@@@@1@19@@oe@2-2-2013
21795044@unknown@formal@none@1@S@The Fed exercises a power given to it by Congress and the president.@@@@1@13@@oe@2-2-2013
21795045@unknown@formal@none@1@S@But Congress and the president accept no responsibility for the exercise of the power they have given the Fed.@@@@1@19@@oe@2-2-2013
21795046@unknown@formal@none@1@S@Critics of the present arrangement are correct to say that it is undemocratic.@@@@1@13@@oe@2-2-2013
21795047@unknown@formal@none@1@S@What is undemocratic is the unwillingness of the more political parts of the government to take the responsibility for deciding the basic question of monetary policy, which is what priority should be given to stabilizing the price level.@@@@1@38@@oe@2-2-2013
21795048@unknown@formal@none@1@S@To leave this decision to an "independent" agency is not only undemocratic.@@@@1@12@@oe@2-2-2013
21795049@unknown@formal@none@1@S@It also prevents the conduct of a policy that has a long-term rationale, because it leaves the Fed guessing about what are the expectations of its masters, the politicians, who have never had to consider the long-term consequences of monetary policy.@@@@1@41@@oe@2-2-2013
21795050@unknown@formal@none@1@S@The greatest contribution Congress could make at this time would be to declare that stabilizing the price level is the primary responsibility of the Federal Reserve System.@@@@1@27@@oe@2-2-2013
21795051@unknown@formal@none@1@S@Legislation to this effect has been introduced in Congress in this session by Rep. Stephen Neal (D., N.C.).@@@@1@18@@oe@2-2-2013
21795052@unknown@formal@none@1@S@It is not the kind of thing that is likely to be enacted, however.@@@@1@14@@oe@2-2-2013
21795053@unknown@formal@none@1@S@Congress would be required to make a hard decision, and Congress would much prefer to leave the hard decision to the Fed and retain its rights of complaint after the fact.@@@@1@31@@oe@2-2-2013
21795054@unknown@formal@none@1@S@People will say that the nation and the government have other objectives, in addition to stabilizing the price level, which is true.@@@@1@22@@oe@2-2-2013
21795055@unknown@formal@none@1@S@But that is not the same as saying that the Federal Reserve has other objectives.@@@@1@15@@oe@2-2-2013
21795056@unknown@formal@none@1@S@The government has other agencies and instruments for pursuing these other objectives.@@@@1@12@@oe@2-2-2013
21795057@unknown@formal@none@1@S@But it has only the Fed to pursue price-level stability.@@@@1@10@@oe@2-2-2013
21795058@unknown@formal@none@1@S@And the Fed has at most very limited ability to contribute to the achievement of other objectives by means other than by stabilizing the price level.@@@@1@26@@oe@2-2-2013
21795059@unknown@formal@none@1@S@The two objectives most commonly thought to be legitimate competitors for the attention of the Fed are high employment and rapid real growth.@@@@1@23@@oe@2-2-2013
21795060@unknown@formal@none@1@S@But the main lesson of economic policy in the past 30 years is that if the Fed compromises with the price-stability objective in the pursuit of these other goals, the result is not high employment and rapid growth but is inflation.@@@@1@41@@oe@2-2-2013
21795061@unknown@formal@none@1@S@A former chairman of the president's Council of Economic Advisers, Mr. Stein is an American Enterprise Institute fellow.@@@@1@18@@oe@2-2-2013
21796001@unknown@formal@none@1@S@Republic New York Corp. joined the list of banks boosting reserves for losses on loans to less-developed countries, setting out a $200 million provision and posting a $155.4 million third-quarter net loss as a result.@@@@1@35@@oe@2-2-2013
21796002@unknown@formal@none@1@S@The per-share loss was $5.32.@@@@1@5@@oe@2-2-2013
21796003@unknown@formal@none@1@S@In the year earlier period, the New York parent of Republic National Bank had net income of $38.7 million, or $1.12 a share.@@@@1@23@@oe@2-2-2013
21796004@unknown@formal@none@1@S@Excluding the provision, Republic earned $44.6 million, up 15% from a year ago.@@@@1@13@@oe@2-2-2013
21796005@unknown@formal@none@1@S@The bank's medium-term and long-term loans to less-developed countries total $293 million, of which $146 million aren't accruing interest, the bank said.@@@@1@22@@oe@2-2-2013
21796006@unknown@formal@none@1@S@Republic's total of nonperforming assets was $167 million at Sept. 30, with its reserve for loan losses now standing at $357 million.@@@@1@22@@oe@2-2-2013
21797001@unknown@formal@none@1@S@Abortion-rights advocates won last week's battles, but the war over the nation's most-contentious social question is about to pick up again on turf that favors those seeking to restrict abortions.@@@@1@30@@oe@2-2-2013
21797002@unknown@formal@none@1@S@Strict new regulations seem certain to pass the state House in Pennsylvania next week, with easy approval by the Senate and by Democratic Gov. Bob Casey expected shortly thereafter.@@@@1@29@@oe@2-2-2013
21797003@unknown@formal@none@1@S@Legislation to require the consent of parents before their daughters under the age of 18 can have abortions will probably pass both houses of the Michigan legislature and set up a grinding battle to override the expected veto of Democratic Gov. James Blanchard.@@@@1@43@@oe@2-2-2013
21797004@unknown@formal@none@1@S@The short-term shift in the political climate surrounding abortion reflects two factors that are likely to govern the debate in the next several months: the reawakening of the abortion-rights movement as a potent force after years of lassitude, and the ability of each side to counter the other's advance in one arena with a victory of its own elsewhere.@@@@1@59@@oe@2-2-2013
21797005@unknown@formal@none@1@S@The action in Pennsylvania, for example, will follow last week's collapse of a special session of the Florida legislature to enact restrictions on abortions in that state, and the vote here in Washington by the House to permit federally paid abortions for poor women who are victims of rape or incest.@@@@1@51@@oe@2-2-2013
21797006@unknown@formal@none@1@S@But President Bush is expected to veto the congressional legislation and that, along with the easy approval of the Pennsylvania measure, is likely to mute the abortion-rights activists' claims of momentum and underline the challenges faced by this resurgent movement.@@@@1@40@@oe@2-2-2013
21797007@unknown@formal@none@1@S@"It's great to feel good for once in 15 years," says Harrison Hickman, a consultant to abortion-rights advocates, reflecting the relief of his compatriots after last week's victories, the first major events since the Supreme Court, in its July 3 Webster decision, permitted the states to enact restrictions on abortions.@@@@1@50@@oe@2-2-2013
21797008@unknown@formal@none@1@S@"But how many more times we're going to feel good in the next 15 is another question."@@@@1@17@@oe@2-2-2013
21797009@unknown@formal@none@1@S@Indeed, abortion-rights activists still face their greatest tests.@@@@1@8@@oe@2-2-2013
21797010@unknown@formal@none@1@S@"The pro-choice movement has shown -- finally -- that it can mobilize," says Glen Halva-Neubauer, a Furman University political scientist who specializes in how state legislators handle the abortion question.@@@@1@30@@oe@2-2-2013
21797011@unknown@formal@none@1@S@"But it still hasn't shown that it can win in a state like Pennsylvania or Missouri, where abortion has been clearly an electoral issue and where it's been an emotional issue for a long time."@@@@1@35@@oe@2-2-2013
21797012@unknown@formal@none@1@S@The foes of abortion hold the strong whip hand in Pennsylvania, where abortion-rights activists are so much on the defensive that their strategy is less to fight the proposed legislation than it is to stress how the state legislature doesn't reflect the viewpoints of the state's citizens.@@@@1@47@@oe@2-2-2013
21797013@unknown@formal@none@1@S@As a result, GOP state Rep. Stephen Freind of Delaware County, the legislature's leading foe of abortion, has been given all but free rein to press a strict seven-point plan to restrict abortion and, he hopes, to force the Supreme Court directly to reassess its 1973 Roe v. Wade decision that established the right of abortion in the first place.@@@@1@60@@oe@2-2-2013
21797014@unknown@formal@none@1@S@The Freind legislation -- the state's House Judiciary Committee approved it in Harrisburg this week and the full Pennsylvania House is expected to take up the bill next Tuesday -- includes a provision to ban abortions after 24 weeks of pregnancy, except to avert the death of the mother.@@@@1@49@@oe@2-2-2013
21797015@unknown@formal@none@1@S@Mr. Freind calculates that the provision, which attacks the trimester standards that Roe established, will "make it necessary" for the Supreme Court to review Roe and, perhaps, to overturn it.@@@@1@30@@oe@2-2-2013
21797016@unknown@formal@none@1@S@But the Pennsylvania measure also includes an "informed consent" provision that may become widely imitated by abortion foes who want to make women contemplating abortion as uncomfortable as possible with the procedure and with themselves.@@@@1@35@@oe@2-2-2013
21797017@unknown@formal@none@1@S@Under this legislation, a woman must be informed 24 hours before the operation of the details of the procedure and its risks.@@@@1@22@@oe@2-2-2013
21797018@unknown@formal@none@1@S@"Regardless of whether one supports or opposes the right to an abortion," Mr. Freind argues, "it is virtually impossible for any rational human being to disagree with the concept that a woman has the right to have all of the appropriate materials and advice made available to her before she makes a decision which, one way or the other, might remain with her for the rest of her life."@@@@1@69@@oe@2-2-2013
21797019@unknown@formal@none@1@S@In Michigan, where the state Senate is expected to approve parental-consent legislation by the end of next week, Gov. Blanchard is the principal obstacle for anti-abortionists.@@@@1@26@@oe@2-2-2013
21797020@unknown@formal@none@1@S@Susan Rogin, a consultant to abortion-rights activists in the state, takes comfort from the fact that the state's House abortion opponents "haven't been able to muster the votes to overturn a veto on abortion in 16 years."@@@@1@37@@oe@2-2-2013
21797021@unknown@formal@none@1@S@But proponents believe they may be able to shake enough votes loose to override the veto if they are successful in portraying the legislation as a matter of parents' rights.@@@@1@30@@oe@2-2-2013
21797022@unknown@formal@none@1@S@In Illinois, lawmakers will vote before next spring on legislation requiring physicians to perform tests on fetuses at 20 weeks to determine their gestational age, weight and lung maturity along with a provision requiring that, if fetuses survive an abortion, a second doctor must be on hand to help it survive.@@@@1@51@@oe@2-2-2013
21797023@unknown@formal@none@1@S@The legislation failed by one vote to clear the House Rules Committee Tuesday, but anti-abortionists still may succeed in bringing the measure to the floor this fall.@@@@1@27@@oe@2-2-2013
21797024@unknown@formal@none@1@S@Pamela Sutherland, executive director of the Illinois Planned Parenthood Council, says she and her allies are "cautiously optimistic" they can defeat it if it comes to a floor vote.@@@@1@29@@oe@2-2-2013
21797025@unknown@formal@none@1@S@Abortion foes in Wisconsin, meanwhile, expect a parental-consent bill to be sent to the state assembly floor by early November and are hopeful of prevailing in both houses by next March.@@@@1@31@@oe@2-2-2013
21797026@unknown@formal@none@1@S@In Texas, abortion opponents want to pass parental-consent legislation along with a statewide ban on the use of public funds, personnel and facilities for abortion, and viability tests for fetuses 19 weeks and older.@@@@1@34@@oe@2-2-2013
21797027@unknown@formal@none@1@S@The anti-abortionists are urging GOP Gov. Bill Clements to press the issues in a special session scheduled to run Nov. 14 to Dec. 13.@@@@1@24@@oe@2-2-2013
21797028@unknown@formal@none@1@S@"The prognosis is only fair," says Kathie Roberts, administrative director of the Texas Right to Life Committee.@@@@1@17@@oe@2-2-2013
21797029@unknown@formal@none@1@S@"Next year is an election year and the legislators just don't want to do anything about this now."@@@@1@18@@oe@2-2-2013
21797030@unknown@formal@none@1@S@This legislative activity comes as both sides are undertaking new mobilization efforts, plunging into gubernatorial races in Virginia and New Jersey, and girding for next autumn's state elections.@@@@1@28@@oe@2-2-2013
21797031@unknown@formal@none@1@S@At the same time, abortion foes have developed a national legislative strategy, deciding to move on what Jacki Ragan, the National Right to Life Committee's director of state organizational development, calls "reasonable measures that an overwhelming mainstream majority of Americans support."@@@@1@41@@oe@2-2-2013
21797032@unknown@formal@none@1@S@These include bans on the use of abortion for birth control and sex selection, and the public funding of alternatives for abortion.@@@@1@22@@oe@2-2-2013
21797033@unknown@formal@none@1@S@"Those who are on the other side can hardly oppose alternative funding if they continue to insist on calling themselves 'pro-choice' rather than `pro-abortion,'" says Mary Spaulding, the group's associate state legislative coordinator.@@@@1@33@@oe@2-2-2013
21797034@unknown@formal@none@1@S@Over the weekend, the National Abortion Rights Action League singled out eight politicians, including Pennsylvania's Mr. Freind, as 1990 targets and held a Washington seminar designed to train its leaders in political techniques, including how to put the anti-abortionists on the defensive in state legislatures.@@@@1@45@@oe@2-2-2013
21797035@unknown@formal@none@1@S@"We now see pro-choice legislators going on the offensive for the first time," says Kate Michelman, executive director of the group.@@@@1@21@@oe@2-2-2013
21798001@unknown@formal@none@1@S@Wall Street@@@@1@2@@oe@2-2-2013
21798002@unknown@formal@none@1@S@When I was just a child And confronted by my fears, The things that I thought would get me Had fangs and pointed ears.@@@@1@24@@oe@2-2-2013
21798003@unknown@formal@none@1@S@Nothing much has changed -- My periodic scares Are still from hostile animals, Only now, they're bulls and bears.@@@@1@19@@oe@2-2-2013
21798004@unknown@formal@none@1@S@-- Pat D'Amico.@@@@1@3@@oe@2-2-2013
21798005@unknown@formal@none@1@S@Daffynition@@@@1@1@@oe@2-2-2013
21798006@unknown@formal@none@1@S@Trained dolphins: pur-poises.@@@@1@3@@oe@2-2-2013
21798007@unknown@formal@none@1@S@-- Marrill J. Pederson.@@@@1@4@@oe@2-2-2013
21799001@unknown@formal@none@1@S@This maker and marketer of cartridge tape systems said it completed the sale of 2.85 million shares of common priced at $10 a share in an initial public offering.@@@@1@29@@oe@2-2-2013
21799002@unknown@formal@none@1@S@The company said that it is selling two million shares and that the rest are being sold by certain stockholders.@@@@1@20@@oe@2-2-2013
21799003@unknown@formal@none@1@S@Proceeds will be used for capital expenditures and working capital.@@@@1@10@@oe@2-2-2013
21799004@unknown@formal@none@1@S@Goldman, Sachs & Co. and Montgomery Securities Inc. are co-managing the offering.@@@@1@12@@oe@2-2-2013