22100001@unknown@formal@none@1@S@Consumers may want to move their telephones a little closer to the TV set.@@@@1@14@@oe@2-2-2013
22100002@unknown@formal@none@1@S@Couch-potato jocks watching ABC's "Monday Night Football" can now vote during halftime for the greatest play in 20 years from among four or five filmed replays.@@@@1@26@@oe@2-2-2013
22100003@unknown@formal@none@1@S@Two weeks ago, viewers of several NBC daytime consumer segments started calling a 900 number for advice on various life-style issues.@@@@1@21@@oe@2-2-2013
22100004@unknown@formal@none@1@S@And the new syndicated "reality" show "Hard Copy" records viewers' opinions for possible airing on the next day's show.@@@@1@19@@oe@2-2-2013
22100005@unknown@formal@none@1@S@Interactive telephone technology has taken a new leap in sophistication, and television programmers are racing to exploit the possibilities.@@@@1@19@@oe@2-2-2013
22100006@unknown@formal@none@1@S@Eventually viewers may grow bored with the technology and resent the cost.@@@@1@12@@oe@2-2-2013
22100007@unknown@formal@none@1@S@But right now programmers are figuring that viewers who are busy dialing up a range of services may put down their remote control zappers and stay tuned.@@@@1@27@@oe@2-2-2013
22100008@unknown@formal@none@1@S@"We've been spending a lot of time in Los Angeles talking to TV production people," says Mike Parks, president of Call Interactive, which supplied technology for both ABC Sports and NBC's consumer minutes.@@@@1@33@@oe@2-2-2013
22100009@unknown@formal@none@1@S@"With the competitiveness of the television market these days, everyone is looking for a way to get viewers more excited."@@@@1@20@@oe@2-2-2013
22100010@unknown@formal@none@1@S@One of the leaders behind the expanded use of 900 numbers is Call Interactive, a joint venture of giants American Express Co. and American Telephone & Telegraph Co.@@@@1@28@@oe@2-2-2013
22100011@unknown@formal@none@1@S@Formed in August, the venture weds AT&T's newly expanded 900 service with 200 voice-activated computers in American Express's Omaha, Neb., service center.@@@@1@22@@oe@2-2-2013
22100012@unknown@formal@none@1@S@Other long-distance carriers have also begun marketing enhanced 900 service, and special consultants are springing up to exploit the new tool.@@@@1@21@@oe@2-2-2013
22100013@unknown@formal@none@1@S@Blair Entertainment, a New York firm that advises TV stations and sells ads for them, has just formed a subsidiary -- 900 Blair -- to apply the technology to television.@@@@1@30@@oe@2-2-2013
22100014@unknown@formal@none@1@S@The use of 900 toll numbers has been expanding rapidly in recent years.@@@@1@13@@oe@2-2-2013
22100015@unknown@formal@none@1@S@For a while, high-cost pornography lines and services that tempt children to dial (and redial) movie or music information earned the service a somewhat sleazy image, but new legal restrictions are aimed at trimming excesses.@@@@1@35@@oe@2-2-2013
22100016@unknown@formal@none@1@S@The cost of a 900 call is set by the originator -- ABC Sports, for example -- with the cheapest starting at 75 cents.@@@@1@24@@oe@2-2-2013
22100017@unknown@formal@none@1@S@Billing is included in a caller's regular phone bill.@@@@1@9@@oe@2-2-2013
22100018@unknown@formal@none@1@S@From the fee, the local phone company and the long-distance carrier extract their costs to carry the call, passing the rest of the money to the originator, which must cover advertising and other costs.@@@@1@34@@oe@2-2-2013
22100019@unknown@formal@none@1@S@In recent months, the technology has become more flexible and able to handle much more volume.@@@@1@16@@oe@2-2-2013
22100020@unknown@formal@none@1@S@Before, callers of 900 numbers would just listen and not talk, or they'd vote "yes" or "no" by calling one of two numbers.@@@@1@23@@oe@2-2-2013
22100021@unknown@formal@none@1@S@(People in the phone business call this technology "900 click.")@@@@1@10@@oe@2-2-2013
22100022@unknown@formal@none@1@S@Now, callers are led through complex menus of choices to retrieve information they want, and the hardware can process 10,000 calls in 90 seconds.@@@@1@24@@oe@2-2-2013
22100023@unknown@formal@none@1@S@Up to now, 900 numbers have mainly been used on local TV stations and cable channels.@@@@1@16@@oe@2-2-2013
22100024@unknown@formal@none@1@S@MTV used one to give away the house that rock star Jon Bon Jovi grew up in.@@@@1@17@@oe@2-2-2013
22100025@unknown@formal@none@1@S@For several years, Turner Broadcasting System's Cable News Network has invited viewers to respond nightly to topical issues ("Should the U.S. military intervene in Panama?"), but even the hottest controversies on CNN log only about 10,000 calls.@@@@1@37@@oe@2-2-2013
22100026@unknown@formal@none@1@S@The newest uses of the 900-interactive technology demonstrate the growing variety of applications.@@@@1@13@@oe@2-2-2013
22100027@unknown@formal@none@1@S@Capital Cities/ABC Inc., CBS Inc. and General Electric Co.'s National Broadcasting Co. unit are expected to announce soon a joint campaign to raise awareness about hunger.@@@@1@26@@oe@2-2-2013
22100028@unknown@formal@none@1@S@The subject will be written into the plots of prime-time shows, and viewers will be given a 900 number to call.@@@@1@21@@oe@2-2-2013
22100029@unknown@formal@none@1@S@Callers will be sent educational booklets, and the call's modest cost will be an immediate method of raising money.@@@@1@19@@oe@2-2-2013
22100030@unknown@formal@none@1@S@Other network applications have very different goals.@@@@1@7@@oe@2-2-2013
22100031@unknown@formal@none@1@S@ABC Sports was looking for ways to lift deflated halftime ratings for "Monday Night Football."@@@@1@15@@oe@2-2-2013
22100032@unknown@formal@none@1@S@Kurt Sanger, ABC Sports's marketing director, says that now "tens of thousands" of fans call its 900 number each week to vote for the best punt return, quarterback sack, etc.@@@@1@30@@oe@2-2-2013
22100033@unknown@formal@none@1@S@Profit from the calls goes to charity, but ABC Sports also uses the calls as a sales tool: After thanking callers for voting, Frank Gifford offers a football videotape for $19.95, and 5% of callers stay on the line to order it.@@@@1@42@@oe@2-2-2013
22100034@unknown@formal@none@1@S@Jackets may be sold next.@@@@1@5@@oe@2-2-2013
22100035@unknown@formal@none@1@S@Meanwhile, NBC Sports recently began "Scores Plus," a year-round, 24-hour 900 line providing a complex array of scores, analysis and fan news.@@@@1@22@@oe@2-2-2013
22100036@unknown@formal@none@1@S@A spokesman said its purpose is "to bolster the impression that NBC Sports is always there for people."@@@@1@18@@oe@2-2-2013
22100037@unknown@formal@none@1@S@NBC's "On-Line" consumer minutes have increased advertiser spending during the day, the network's weakest period.@@@@1@15@@oe@2-2-2013
22100038@unknown@formal@none@1@S@Each weekday matches a sponsor and a topic: On Mondays, Unilever N.V.'s Lever Bros. sponsors tips on diet and exercise, followed by a 30-second Lever Bros. commercial.@@@@1@27@@oe@2-2-2013
22100039@unknown@formal@none@1@S@Viewers can call a 900 number for additional advice, which will be tailored to their needs based on the numbers they punch ("Press one if you're pregnant," etc.).@@@@1@28@@oe@2-2-2013
22100040@unknown@formal@none@1@S@If the caller stays on the line and leaves a name and address for the sponsor, coupons and a newsletter will be mailed, and the sponsor will be able to gather a list of desirable potential customers.@@@@1@37@@oe@2-2-2013
22100041@unknown@formal@none@1@S@Diane Seaman, an NBC-TV vice president, says NBC has been able to charge premium rates for this ad time.@@@@1@19@@oe@2-2-2013
22100042@unknown@formal@none@1@S@She wouldn't say what the premium is, but it's believed to be about 40% above regular daytime rates.@@@@1@18@@oe@2-2-2013
22100043@unknown@formal@none@1@S@"We were able to get advertisers to use their promotion budget for this, because they get a chance to do couponing," says Ms. Seaman.@@@@1@24@@oe@2-2-2013
22100044@unknown@formal@none@1@S@"And we were able to attract some new advertisers because this is something new."@@@@1@14@@oe@2-2-2013
22100045@unknown@formal@none@1@S@Mr. Parks of Call Interactive says TV executives are considering the use of 900 numbers for "talk shows, game shows, news and opinion surveys."@@@@1@24@@oe@2-2-2013
22100046@unknown@formal@none@1@S@Experts are predicting a big influx of new shows in 1990, when a service called "automatic number information" will become widely available.@@@@1@22@@oe@2-2-2013
22100047@unknown@formal@none@1@S@This service identifies each caller's phone number, and it can be used to generate instant mailing lists.@@@@1@17@@oe@2-2-2013
22100048@unknown@formal@none@1@S@"Hard Copy," the new syndicated tabloid show from Paramount Pictures, will use its 900 number for additional purposes that include research, says executive producer Mark B. von S. Monsky.@@@@1@29@@oe@2-2-2013
22100049@unknown@formal@none@1@S@"For a piece on local heroes of World War II, we can ask people to leave the name and number of anyone they know who won a medal," he says.@@@@1@30@@oe@2-2-2013
22100050@unknown@formal@none@1@S@"That'll save us time and get people involved."@@@@1@8@@oe@2-2-2013
22100051@unknown@formal@none@1@S@But Mr. Monsky sees much bigger changes ahead.@@@@1@8@@oe@2-2-2013
22100052@unknown@formal@none@1@S@"These are just baby steps toward real interactive video, which I believe will be the biggest thing yet to affect television," he says.@@@@1@23@@oe@2-2-2013
22100053@unknown@formal@none@1@S@Although it would be costly to shoot multiple versions, TV programmers could let audiences vote on different endings for a movie.@@@@1@21@@oe@2-2-2013
22100054@unknown@formal@none@1@S@Fox Broadcasting experimented with this concept last year when viewers of "Married . . . With Children" voted on whether Al should say "I love you" to Peg on Valentine's Day.@@@@1@31@@oe@2-2-2013
22100055@unknown@formal@none@1@S@Someday, viewers may also choose different depths of news coverage.@@@@1@10@@oe@2-2-2013
22100056@unknown@formal@none@1@S@"A menu by phone could let you decide, `I'm interested in just the beginning of story No. 1, and I want story No. 2 in depth," Mr. Monsky says.@@@@1@29@@oe@2-2-2013
22100057@unknown@formal@none@1@S@"You'll start to see shows where viewers program the program.@@@@1@10@@oe@2-2-2013
22101001@unknown@formal@none@1@S@Integrated Resources Inc., the troubled financial-services company that has been trying to sell its core companies to restructure debt, said talks with a potential buyer ended.@@@@1@26@@oe@2-2-2013
22101002@unknown@formal@none@1@S@Integrated didn't identify the party or say why the talks failed.@@@@1@11@@oe@2-2-2013
22101003@unknown@formal@none@1@S@Last week another potential buyer, Whitehall Financial Group -- which had agreed in August to purchase most of Integrated's core companies for $310 million -- ended talks with Integrated.@@@@1@29@@oe@2-2-2013
22101004@unknown@formal@none@1@S@Integrated said that it would continue to pursue "other alternatives" to sell the five core companies and that a group of senior executives plans to make a proposal to purchase three of the companies -- Integrated Resources Equity Corp., Resources Trust Co. and Integrated Resources Asset Management Corp.@@@@1@48@@oe@2-2-2013
22101005@unknown@formal@none@1@S@A price wasn't disclosed.@@@@1@4@@oe@2-2-2013
22101006@unknown@formal@none@1@S@Integrated also said it expects to report a second-quarter loss wider than the earlier estimate of about $600 million.@@@@1@19@@oe@2-2-2013
22101007@unknown@formal@none@1@S@The company didn't disclose the new estimate but said the change was related to Integrated's failure to sell its core businesses, as well as "other events," which it didn't detail, that occurred after its announcement last week that it was in talks with the unidentified prospective buyer.@@@@1@47@@oe@2-2-2013
22101008@unknown@formal@none@1@S@Meanwhile, a number of top sales producers from Integrated Resources Equity will meet this afternoon in Chicago to discuss their options.@@@@1@21@@oe@2-2-2013
22101009@unknown@formal@none@1@S@The unit is a loosely constructed group of about 3,900 independent brokers and financial planners who sell insurance, annuities, limited partnerships, mutual funds and other investments for Integrated and other firms.@@@@1@31@@oe@2-2-2013
22101010@unknown@formal@none@1@S@The sales force is viewed as a critical asset in Integrated's attempt to sell its core companies.@@@@1@17@@oe@2-2-2013
22101011@unknown@formal@none@1@S@Whitehall cited concerns about how long Integrated would be able to hold together the sales force as one reason its talks with Integrated failed.@@@@1@24@@oe@2-2-2013
22101012@unknown@formal@none@1@S@In composite trading on the New York Stock Exchange yesterday, Integrated closed at $1.25 a share, down 25 cents.@@@@1@19@@oe@2-2-2013
22101013@unknown@formal@none@1@S@Integrated has been struggling to avoid a bankruptcy-law filing since June, when it failed to make interest payments on nearly $1 billion of debt.@@@@1@24@@oe@2-2-2013
22101014@unknown@formal@none@1@S@Integrated senior and junior creditors are owed a total of about $1.8 billion.@@@@1@13@@oe@2-2-2013
22102001@unknown@formal@none@1@S@AN EARTHQUAKE STRUCK Northern California, killing more than 50 people.@@@@1@10@@oe@2-2-2013
22102002@unknown@formal@none@1@S@The violent temblor, which lasted about 15 seconds and registered 6.9 on the Richter scale, also caused the collapse of a 30-foot section of the San Francisco-Oakland Bay Bridge and shook Candlestick Park.@@@@1@33@@oe@2-2-2013
22102003@unknown@formal@none@1@S@The tremor was centered near Hollister, southeast of San Francisco, and was felt as far as 200 miles away.@@@@1@19@@oe@2-2-2013
22102004@unknown@formal@none@1@S@Numerous injuries were reported.@@@@1@4@@oe@2-2-2013
22102005@unknown@formal@none@1@S@Some buildings collapsed, gas and water lines ruptured and fires raged.@@@@1@11@@oe@2-2-2013
22102006@unknown@formal@none@1@S@The quake, which also caused damage in San Jose and Berkeley, knocked out electricity and telephones, cracked roadways and disrupted subway service in the Bay Area.@@@@1@26@@oe@2-2-2013
22102007@unknown@formal@none@1@S@Major injuries weren't reported at Candlestick Park, where the third game of baseball's World Series was canceled and fans evacuated from the stadium.@@@@1@23@@oe@2-2-2013
22102008@unknown@formal@none@1@S@Bush vowed to veto a bill allowing federal financing for abortions in cases of rape and incest, saying tax dollars shouldn't be used to "compound a violent act with the taking of an unborn life."@@@@1@35@@oe@2-2-2013
22102009@unknown@formal@none@1@S@His pledge, in a letter to Democratic Sen. Byrd, came ahead of an expected Senate vote on spending legislation containing the provision.@@@@1@22@@oe@2-2-2013
22102010@unknown@formal@none@1@S@East Germany's Politburo met amid speculation that the ruling body would oust hard-line leader Honecker, whose rule has been challenged by mass emigration and calls for democratic freedoms.@@@@1@28@@oe@2-2-2013
22102011@unknown@formal@none@1@S@Meanwhile, about 125 refugees flew to Duesseldorf, West Germany, from Warsaw, the first airlift in East Germany's refugee exodus.@@@@1@19@@oe@2-2-2013
22102012@unknown@formal@none@1@S@The World Psychiatric Association voted at an Athens parley to conditionally readmit the Soviet Union.@@@@1@15@@oe@2-2-2013
22102013@unknown@formal@none@1@S@Moscow, which left the group in 1983 to avoid explusion over allegations that political dissidents were being certified as insane, could be suspended if the misuse of psychiatry against dissenters is discovered during a review within a year.@@@@1@38@@oe@2-2-2013
22102014@unknown@formal@none@1@S@NASA postponed the liftoff of the space shuttle Atlantis because of rain near the site of the launch pad in Cape Canaveral, Fla.@@@@1@23@@oe@2-2-2013
22102015@unknown@formal@none@1@S@The flight was rescheduled for today.@@@@1@6@@oe@2-2-2013
22102016@unknown@formal@none@1@S@The spacecraft's five astronauts are to dispatch the nuclear-powered Galileo space probe on an exploratory mission to Jupiter.@@@@1@18@@oe@2-2-2013
22102017@unknown@formal@none@1@S@Senate Democratic leaders said they had enough votes to defeat a proposed constitutional amendment to ban flag burning.@@@@1@18@@oe@2-2-2013
22102018@unknown@formal@none@1@S@The amendment is aimed at skirting a Supreme Court ruling that threw out the conviction of a Texas flag-burner on grounds that his freedom of speech was violated.@@@@1@28@@oe@2-2-2013
22102019@unknown@formal@none@1@S@Federal researchers said lung-cancer mortality rates for people under 45 years of age have begun to decline, particularly for white males.@@@@1@21@@oe@2-2-2013
22102020@unknown@formal@none@1@S@The National Cancer Institute also projected that overall U.S. mortality rates from lung cancer should begin to drop in several years if cigarette smoking continues to abate.@@@@1@27@@oe@2-2-2013
22102021@unknown@formal@none@1@S@Bush met with South Korean President Roh, who indicated that Seoul plans to further ease trade rules to ensure that its economy becomes as open as the other industrialized nations by the mid-1990s.@@@@1@33@@oe@2-2-2013
22102022@unknown@formal@none@1@S@Bush assured Roh that the U.S. would stand by its security commitments "as long as there is a threat" from Communist North Korea.@@@@1@23@@oe@2-2-2013
22102023@unknown@formal@none@1@S@The Bush administration is seeking an understanding with Congress to ease restrictions on U.S. involvement in foreign coups that might result in the death of a country's leader.@@@@1@28@@oe@2-2-2013
22102024@unknown@formal@none@1@S@A White House spokesman said that while Bush wouldn't alter a longstanding ban on such involvement, "there's a clarification needed" on its interpretation.@@@@1@23@@oe@2-2-2013
22102025@unknown@formal@none@1@S@India's Gandhi called for parliamentary elections next month.@@@@1@8@@oe@2-2-2013
22102026@unknown@formal@none@1@S@The balloting, considered a test for the prime minister and the ruling Congress (I) Party, comes amid charges of inept leadership and government corruption.@@@@1@24@@oe@2-2-2013
22102027@unknown@formal@none@1@S@Gandhi's family has ruled independent India for all but five years of its 42-year history.@@@@1@15@@oe@2-2-2013
22102028@unknown@formal@none@1@S@The Soviet Union abstained from a U.N. General Assembly vote to reject Israel's credentials.@@@@1@14@@oe@2-2-2013
22102029@unknown@formal@none@1@S@It was the first time in seven years that Moscow hasn't joined efforts, led by Moslem nations, to expel Israel from the world body, and was viewed as a sign of improving Soviet-Israeli ties.@@@@1@34@@oe@2-2-2013
22102030@unknown@formal@none@1@S@Israel was seated by a vote of 95-37, with 15 abstentions.@@@@1@11@@oe@2-2-2013
22102031@unknown@formal@none@1@S@Black activist Walter Sisulu said the African National Congress wouldn't reject violence as a way to pressure the South African government into concessions that might lead to negotiations over apartheid.@@@@1@30@@oe@2-2-2013
22102032@unknown@formal@none@1@S@The 77-year-old Sisulu was among eight black political activists freed Sunday from prison.@@@@1@13@@oe@2-2-2013
22102033@unknown@formal@none@1@S@London has concluded that Austrian President Waldheim wasn't responsible for the execution of six British commandos in World War II, although he probably was aware of the slayings.@@@@1@28@@oe@2-2-2013
22102034@unknown@formal@none@1@S@The report by the Defense Ministry also rejected allegations that Britain covered up evidence of Waldheim's activities as a German army officer.@@@@1@22@@oe@2-2-2013
22102035@unknown@formal@none@1@S@An international group approved a formal ban on ivory trade despite objections from southern African governments, which threatened to find alternative channels for selling elephant tusks.@@@@1@26@@oe@2-2-2013
22102036@unknown@formal@none@1@S@The move by the Convention on Trade in Endangered Species, meeting in Switzerland, places the elephant on the endangered-species list.@@@@1@20@@oe@2-2-2013
22102037@unknown@formal@none@1@S@An assassin in Colombia killed a federal judge on a Medellin street.@@@@1@12@@oe@2-2-2013
22102038@unknown@formal@none@1@S@An anonymous caller to a local radio station said cocaine traffickers had slain the magistrate in retaliation for the extraditions of Colombians wanted on drug charges in the U.S.@@@@1@29@@oe@2-2-2013
22102039@unknown@formal@none@1@S@Libyan leader Gadhafi met with Egypt's President Mubarak, and the two officials pledged to respect each other's laws, security and stability.@@@@1@21@@oe@2-2-2013
22102040@unknown@formal@none@1@S@They stopped short of resuming diplomatic ties, severed in 1979.@@@@1@10@@oe@2-2-2013
22102041@unknown@formal@none@1@S@The reconciliation talks in the Libyan desert town of Tobruk followed a meeting Monday in the Egyptian resort of Mersa Metruh.@@@@1@21@@oe@2-2-2013
22103001@unknown@formal@none@1@S@Alpine Group Inc. revised its exchange offer for $43.7 million face amount of 13.5% senior subordinated debt due 1996 and extended the offer to Oct. 27 from Oct. 12.@@@@1@29@@oe@2-2-2013
22103002@unknown@formal@none@1@S@The Hackensack, N.J., company said holders would receive for each $1,000 face amount, $750 face amount of a new issue of secured senior subordinated notes, convertible into common stock at an initial rate of $6.50 a share, and 50 common shares.@@@@1@41@@oe@2-2-2013
22103003@unknown@formal@none@1@S@The new notes will bear interest at 5.5% through July 31, 1991, and thereafter at 10%.@@@@1@16@@oe@2-2-2013
22103004@unknown@formal@none@1@S@Under the original proposal, the maker of specialty coatings and a developer of information-display technologies offered $400 of notes due 1996, 10 common shares and $175 in cash for each $1,000 face amount.@@@@1@33@@oe@2-2-2013
22103005@unknown@formal@none@1@S@Completion of the exchange offer is subject to the tender of at least 80% of the debt, among other things.@@@@1@20@@oe@2-2-2013
22103006@unknown@formal@none@1@S@Alpine, which said it doesn't plan to further extend the offer, said it received $615,000 face amount of debt under the original offer.@@@@1@23@@oe@2-2-2013
22104001@unknown@formal@none@1@S@The stock of UAL Corp. continued to be pounded amid signs that British Airways may balk at any hasty reformulation of the aborted $6.79 billion buy-out of United Airlines' parent.@@@@1@30@@oe@2-2-2013
22104002@unknown@formal@none@1@S@UAL stock plummeted a further $24.875 to $198 on volume of more than 2.8 million shares in New York Stock Exchange composite trading.@@@@1@23@@oe@2-2-2013
22104003@unknown@formal@none@1@S@The plunge followed a drop of $56.875 Monday, amid indications the takeover may take weeks to be revived.@@@@1@18@@oe@2-2-2013
22104004@unknown@formal@none@1@S@The stock has fallen $87.25, or 31%, in the three trading days since announcement of the collapse of the $300-a-share takeover jolted the entire stock market into its second-worst plunge ever.@@@@1@31@@oe@2-2-2013
22104005@unknown@formal@none@1@S@"This is a total bloodbath" for takeover-stock traders, one investment banker said.@@@@1@12@@oe@2-2-2013
22104006@unknown@formal@none@1@S@Los Angeles financier Marvin Davis, who put United in play with a $5.4 billion bid two months ago, last night proffered both a ray of hope and an extra element of uncertainty by saying he remains interested in acquiring UAL.@@@@1@40@@oe@2-2-2013
22104007@unknown@formal@none@1@S@But he dropped his earlier $300-a-share back-up bid, saying he must first explore bank financing.@@@@1@15@@oe@2-2-2013
22104008@unknown@formal@none@1@S@Even as Citicorp and Chase Manhattan Corp. scrambled to line up bank financing for a revised version of the lapsed labor-management bid, British Airways, a 15% partner in the buying group, indicated it wants to start from scratch.@@@@1@38@@oe@2-2-2013
22104009@unknown@formal@none@1@S@Its partners are United's pilots, who were to own 75%, and UAL management at 10%.@@@@1@15@@oe@2-2-2013
22104010@unknown@formal@none@1@S@Adding insult to injury, United's 25,000-member Machinists' union, which helped scuttle financing for the first bid, yesterday asked UAL Chairman Stephen Wolf and other UAL directors to resign.@@@@1@28@@oe@2-2-2013
22104011@unknown@formal@none@1@S@A similar demand was made by a group that represents some of United's 26,000 noncontract employees.@@@@1@16@@oe@2-2-2013
22104012@unknown@formal@none@1@S@John Peterpaul, Machinists union general vice president, attacked Mr. Wolf as "greedy and irresponsible" for pursuing the buy-out.@@@@1@18@@oe@2-2-2013
22104013@unknown@formal@none@1@S@Although Mr. Wolf and John Pope, UAL's chief financial officer, stood to pocket $114.3 million for stock and options in the buy-out, UAL executives planned to reinvest only $15 million in the new company.@@@@1@34@@oe@2-2-2013
22104014@unknown@formal@none@1@S@The blue-collar machinists, longtime rivals of the white-collar pilots, say the buyout would load the company with debt and weaken its finances.@@@@1@22@@oe@2-2-2013
22104015@unknown@formal@none@1@S@Confusion about the two banks' hurried efforts to round up financing for a new bid that the UAL board hasn't even seen yet helped send UAL stock spiraling downward.@@@@1@29@@oe@2-2-2013
22104016@unknown@formal@none@1@S@And rumors of forced selling by takeover-stock traders triggered a 25-point downdraft in the Dow Jones Industrial Average around 11:15 a.m. EDT yesterday.@@@@1@23@@oe@2-2-2013
22104017@unknown@formal@none@1@S@Yesterday's selling began after a Japanese news agency reported that Japanese banks, which balked at the first bid, were ready to reject a revised version at around $250 a share, or $5.65 billion.@@@@1@33@@oe@2-2-2013
22104018@unknown@formal@none@1@S@Several reports as the day progressed gave vague or conflicting indications about whether banks would sign up.@@@@1@17@@oe@2-2-2013
22104019@unknown@formal@none@1@S@Citicorp, for example, said only that it had "expressions of interest of a transaction from both the borrowers and the banks," but didn't have an agreement.@@@@1@26@@oe@2-2-2013
22104020@unknown@formal@none@1@S@Late in the day, Mr. Wolf issued a onepage statement calling Mr. Peterpaul's blast "divisive and uncalled for."@@@@1@18@@oe@2-2-2013
22104021@unknown@formal@none@1@S@But he gave few details on the progress toward a new bid, saying only, "We are working toward a revised proposal for majority employee ownership."@@@@1@25@@oe@2-2-2013
22104022@unknown@formal@none@1@S@Meanwhile, in another sign that a new bid isn't imminent, it was learned that the UAL board held a telephone meeting Monday to hear an update on the situation, but that a formal board meeting isn't likely to be convened until early next week.@@@@1@44@@oe@2-2-2013
22104023@unknown@formal@none@1@S@In London, British Airways Chairman Lord King was quoted in the Times as declaring he is "not prepared to take my shareholders into a hasty deal."@@@@1@26@@oe@2-2-2013
22104024@unknown@formal@none@1@S@Observers said it appeared that British Air was angered at the way the bid has degenerated into confusion, as well as by the banks' effort to round up financing for what one called "a deal that isn't a deal."@@@@1@39@@oe@2-2-2013
22104025@unknown@formal@none@1@S@The effort to revive the bid was complicated by the unwieldy nature of the three-party buying group.@@@@1@17@@oe@2-2-2013
22104026@unknown@formal@none@1@S@The pilots were meeting outside Chicago yesterday.@@@@1@7@@oe@2-2-2013
22104027@unknown@formal@none@1@S@But British Air, which was to have supplied $750 million out of $965 million in equity financing, apparently wasn't involved in the second proposal and could well reject it even if banks obtain financing.@@@@1@34@@oe@2-2-2013
22104028@unknown@formal@none@1@S@A group of United's noncontract employees said in a statement, "The fact that Wolf and other officers were going to line their pockets with literally millions of dollars while instituting severe pay cuts on the nonunion employees of United is not only deplorable but inexcusable."@@@@1@45@@oe@2-2-2013
22104029@unknown@formal@none@1@S@The machinists also asked for an investigation by the Securities and Exchange Commission into possible securities-law violations in the original bid for UAL by Mr. Davis, as well as in the response by UAL.@@@@1@34@@oe@2-2-2013
22104030@unknown@formal@none@1@S@Last week, just before the bank commitments were due, the union asked the U.S. Labor Department to study whether the bid violated legal standards of fairness governing employee investment funds.@@@@1@30@@oe@2-2-2013
22104031@unknown@formal@none@1@S@In his statement, Mr. Wolf said, "We continue to believe our approach is sound, and that it is far better for all employees than the alternative of having an outsider own the company with employees paying for it just the same."@@@@1@41@@oe@2-2-2013
22104032@unknown@formal@none@1@S@Mr. Wolf has eschewed merger advice from a major Wall Street securities firm, relying instead only on a takeover lawyer, Peter Atkins of Skadden Arps Slate Meagher & Flom.@@@@1@29@@oe@2-2-2013
22104033@unknown@formal@none@1@S@The huge drop in UAL stock prompted one takeover stock trader, George Kellner, managing partner of Kellner, DiLeo & Co., to deny publicly rumors that his firm was going out of business.@@@@1@32@@oe@2-2-2013
22104034@unknown@formal@none@1@S@Mr. Kellner said that despite losses on UAL stock, his firm's health is "excellent."@@@@1@14@@oe@2-2-2013
22104035@unknown@formal@none@1@S@The stock's decline also has left the UAL board in a quandary.@@@@1@12@@oe@2-2-2013
22104036@unknown@formal@none@1@S@Although it may not be legally obligated to sell the company if the buy-out group can't revive its bid, it may have to explore alternatives if the buyers come back with a bid much lower than the group's original $300-a-share proposal.@@@@1@41@@oe@2-2-2013
22104037@unknown@formal@none@1@S@At a meeting Sept. 1 to consider the labor-management bid, the board also was informed by its investment adviser, First Boston Corp., of interest expressed by buy-out funds including Kohlberg Kravis Roberts & Co. and Forstmann Little & Co., as well as by Robert Bass, Morgan Stanley's buy-out fund, and Pan Am Corp.@@@@1@53@@oe@2-2-2013
22104038@unknown@formal@none@1@S@The takeover-stock traders were hoping that Mr. Davis or one of the other interested parties might re-emerge with the situation in disarray, or that the board might consider a recapitalization.@@@@1@30@@oe@2-2-2013
22104039@unknown@formal@none@1@S@Meanwhile, Japanese bankers said they were still hesitant about accepting Citicorp's latest proposal.@@@@1@13@@oe@2-2-2013
22105001@unknown@formal@none@1@S@Macmillan Inc. said it plans a public offering of 8.4 million shares of its Berlitz International Inc. unit at $19 to $21 a share.@@@@1@24@@oe@2-2-2013
22105002@unknown@formal@none@1@S@The offering for the language school unit was announced by Robert Maxwell, chairman and chief executive officer of London-based Maxwell Communication Corp., which owns Macmillan.@@@@1@25@@oe@2-2-2013
22105003@unknown@formal@none@1@S@After the offering is completed, Macmillan will own about 56% of the Berlitz common stock outstanding.@@@@1@16@@oe@2-2-2013
22105004@unknown@formal@none@1@S@Five million shares will be offered in the U.S., and 3.4 million additional shares will be offered in concurrent international offerings outside the U.S.@@@@1@24@@oe@2-2-2013
22105005@unknown@formal@none@1@S@Goldman, Sachs & Co. will manage the offering.@@@@1@8@@oe@2-2-2013
22105006@unknown@formal@none@1@S@Macmillan said Berlitz intends to pay quarterly dividends on the stock.@@@@1@11@@oe@2-2-2013
22105007@unknown@formal@none@1@S@The company said it expects to pay the first dividend, of 12.5 cents a share, in the 1990 first quarter.@@@@1@20@@oe@2-2-2013
22105008@unknown@formal@none@1@S@Berlitz will borrow an amount equal to its expected net proceeds from the offerings, plus $50 million, in connection with a credit agreement with lenders.@@@@1@25@@oe@2-2-2013
22105009@unknown@formal@none@1@S@The total borrowing will be about $208 million, the company said.@@@@1@11@@oe@2-2-2013
22105010@unknown@formal@none@1@S@Proceeds from the borrowings under the credit agreement will be used to pay an $80 million cash dividend to Macmillan and to lend the remainder of about $128 million to Maxwell Communications in connection with a promissory note.@@@@1@38@@oe@2-2-2013
22105011@unknown@formal@none@1@S@Proceeds from the offering will be used to repay borrowings under the short-term parts of a credit agreement.@@@@1@18@@oe@2-2-2013
22105012@unknown@formal@none@1@S@Berlitz, which is based in Princeton, N.J., provides language instruction and translation services through more than 260 language centers in 25 countries.@@@@1@22@@oe@2-2-2013
22105013@unknown@formal@none@1@S@In the past five years, more than 68% of its sales have been outside the U.S.@@@@1@16@@oe@2-2-2013
22105014@unknown@formal@none@1@S@Macmillan has owned Berlitz since 1966.@@@@1@6@@oe@2-2-2013
22105015@unknown@formal@none@1@S@In the first six months of this year, Berlitz posted net income of $7.6 million on sales of $106.2 million, compared with net income of $8.2 million on sales of $90.6 million.@@@@1@32@@oe@2-2-2013
22106001@unknown@formal@none@1@S@Right away you notice the following things about a Philip Glass concert.@@@@1@12@@oe@2-2-2013
22106002@unknown@formal@none@1@S@It attracts people with funny hair (or with no hair -- in front of me a girl with spiked locks sat beside a boy who had shaved his).@@@@1@28@@oe@2-2-2013
22106003@unknown@formal@none@1@S@Whoever constitute the local Left Bank come out in force, dressed in black, along with a smattering of yuppies who want to be on the cutting edge.@@@@1@27@@oe@2-2-2013
22106004@unknown@formal@none@1@S@People in Glass houses tend to look stoned.@@@@1@8@@oe@2-2-2013
22106005@unknown@formal@none@1@S@And, if still conscious at the evening's end, you notice something else: The audience, at first entranced and hypnotized by the music, releases its pent-up feelings in collective gratitude.@@@@1@29@@oe@2-2-2013
22106006@unknown@formal@none@1@S@Currently in the middle of a four-week, 20-city tour as a solo pianist, Mr. Glass has left behind his synthesizers, equipment and collaborators in favor of going it alone.@@@@1@29@@oe@2-2-2013
22106007@unknown@formal@none@1@S@He sits down at the piano and plays.@@@@1@8@@oe@2-2-2013
22106008@unknown@formal@none@1@S@And plays.@@@@1@2@@oe@2-2-2013
22106009@unknown@formal@none@1@S@Either one likes it or one doesn't.@@@@1@7@@oe@2-2-2013
22106010@unknown@formal@none@1@S@The typical Glass audience, which is more likely to be composed of music students than their teachers, certainly does.@@@@1@19@@oe@2-2-2013
22106011@unknown@formal@none@1@S@The work, though, sounds like Muzak for spaceships.@@@@1@8@@oe@2-2-2013
22106012@unknown@formal@none@1@S@Philip Glass is the emperor, and his music the new clothes, of the avant-garde.@@@@1@14@@oe@2-2-2013
22106013@unknown@formal@none@1@S@His success is easy to understand.@@@@1@6@@oe@2-2-2013
22106014@unknown@formal@none@1@S@Softly introducing and explaining his pieces, Mr. Glass looks and sounds more like a shaggy poet describing his work than a classical pianist playing a recital.@@@@1@26@@oe@2-2-2013
22106015@unknown@formal@none@1@S@The piano compositions, which have been labeled variously as minimalist, Oriental, repetitive, cyclical, monophonic and hypnotic, are relentlessly tonal (therefore unthreatening), unvaryingly rhythmic (therefore soporific), and unflaggingly harmonious but unmelodic (therefore both pretty and unconventional).@@@@1@35@@oe@2-2-2013
22106016@unknown@formal@none@1@S@It is music for people who want to hear something different but don't want to work especially hard at the task.@@@@1@21@@oe@2-2-2013
22106017@unknown@formal@none@1@S@It is E-Z listening for the now generation.@@@@1@8@@oe@2-2-2013
22106018@unknown@formal@none@1@S@Mr. Glass has inverted the famous modernist dictum "less is more."@@@@1@11@@oe@2-2-2013
22106019@unknown@formal@none@1@S@His more is always less.@@@@1@5@@oe@2-2-2013
22106020@unknown@formal@none@1@S@Far from being minimalist, the music unabatingly torments us with apparent novelties not so cleverly disguised in the simplicities of 4/4 time, octave intervals, and ragtime or gospel chord progressions.@@@@1@30@@oe@2-2-2013
22106021@unknown@formal@none@1@S@But the music has its charm, and Mr. Glass has constructed his solo program around a move from the simple to the relatively complex.@@@@1@24@@oe@2-2-2013
22106022@unknown@formal@none@1@S@"Opening" (1981), from Glassworks, introduces the audience to the Glass technique: Never straying too far from the piano's center, Mr. Glass works in the two octaves on either side of middle C, and his fingers seldom leave the keys.@@@@1@39@@oe@2-2-2013
22106023@unknown@formal@none@1@S@There is a recognizable musical style here, but not a particular performance style.@@@@1@13@@oe@2-2-2013
22106024@unknown@formal@none@1@S@The music is not especially pianistic; indeed, it's hard to imagine a bad performance of it.@@@@1@16@@oe@2-2-2013
22106025@unknown@formal@none@1@S@Nothing bravura, no arpeggios, no ticklish fingering problems challenge the performer.@@@@1@11@@oe@2-2-2013
22106026@unknown@formal@none@1@S@We hear, we may think, inner voices, but they all seem to be saying the same thing.@@@@1@17@@oe@2-2-2013
22106027@unknown@formal@none@1@S@With "Planet News," music meant to accompany readings of Allen Ginsberg's "Wichita Vortex Sutra," Mr. Glass gets going.@@@@1@18@@oe@2-2-2013
22106028@unknown@formal@none@1@S@His hands sit farther apart on the keyboard.@@@@1@8@@oe@2-2-2013
22106029@unknown@formal@none@1@S@Seventh chords make you feel as though he may break into a (very slow) improvisatory riff.@@@@1@16@@oe@2-2-2013
22106030@unknown@formal@none@1@S@The chords modulate, but there is little filigree even though his fingers begin to wander over more of the keys.@@@@1@20@@oe@2-2-2013
22106031@unknown@formal@none@1@S@Contrasts predictably accumulate: First the music is loud, then it becomes soft, then (you realize) it becomes louder again.@@@@1@19@@oe@2-2-2013
22106032@unknown@formal@none@1@S@"The Fourth Knee Play," an interlude from "Einstein on the Beach," is like a toccata but it doesn't seem to move much beyond its left-hand ground in "Three Blind Mice."@@@@1@30@@oe@2-2-2013
22106033@unknown@formal@none@1@S@When Mr. Glass decides to get really fancy, he crosses his hands and hits a resonant bass note with his right hand.@@@@1@22@@oe@2-2-2013
22106034@unknown@formal@none@1@S@He does this in at least three of his solo pieces.@@@@1@11@@oe@2-2-2013
22106035@unknown@formal@none@1@S@You might call it a leitmotif or a virtuoso accomplishment.@@@@1@10@@oe@2-2-2013
22106036@unknown@formal@none@1@S@In "Mad Rush," which came from a commission to write a piece of indeterminate length (Mr. Glass charmingly, and tellingly, confessed that "this was no problem for me"), an A section alternates with a B section several times before the piece ends unresolved.@@@@1@43@@oe@2-2-2013
22106037@unknown@formal@none@1@S@Not only is the typical Glasswork open-ended, it is also often multiple in its context(s).@@@@1@15@@oe@2-2-2013
22106038@unknown@formal@none@1@S@"Mad Rush" began its life as the accompaniment to the Dalai Lama's first public address in the U.S., when Mr. Glass played it on the organ at New York's Cathedral of St. John the Divine.@@@@1@35@@oe@2-2-2013
22106039@unknown@formal@none@1@S@Later it was performed on Radio Bremen in Germany, and then Lucinda Childs took it for one of her dance pieces.@@@@1@21@@oe@2-2-2013
22106040@unknown@formal@none@1@S@The point is that any piece can be used as background music for virtually anything.@@@@1@15@@oe@2-2-2013
22106041@unknown@formal@none@1@S@The evening ended with Mr. Glass's "Metamorphosis," another multiple work.@@@@1@10@@oe@2-2-2013
22106042@unknown@formal@none@1@S@Parts 1, 2, and 5 come from the soundtrack of Errol Morris's acclaimed film, "The Thin Blue Line," and the two other parts from incidental music to two separate dramatizations of the Kafka story of the same name.@@@@1@38@@oe@2-2-2013
22106043@unknown@formal@none@1@S@When used as background in this way, the music has an appropriate eeriness, as when a two-note phrase, a descending minor third, accompanies the seemingly endless litany of reports, interviews and confessions of witnesses in the Morris film.@@@@1@38@@oe@2-2-2013
22106044@unknown@formal@none@1@S@Served up as a solo, however, the music lacks the resonance provided by a context within another medium.@@@@1@18@@oe@2-2-2013
22106045@unknown@formal@none@1@S@Admirers of Mr. Glass may agree with the critic Richard Kostelanetz's sense that the 1974 "Music in Twelve Parts" is as encyclopedic and weighty as "The Well-Tempered Clavier."@@@@1@28@@oe@2-2-2013
22106046@unknown@formal@none@1@S@But while making the obvious point that both composers develop variations from themes, this comparison ignores the intensely claustrophobic nature of Mr. Glass's music.@@@@1@24@@oe@2-2-2013
22106047@unknown@formal@none@1@S@Its supposedly austere minimalism overlays a bombast that makes one yearn for the astringency of neoclassical Stravinsky, the genuinely radical minimalism of Berg and Webern, and what in retrospect even seems like concision in Mahler.@@@@1@35@@oe@2-2-2013
22106048@unknown@formal@none@1@S@Mr. Spiegelman is professor of English at Southern Methodist University and editor of the Southwest Review.@@@@1@16@@oe@2-2-2013
22107001@unknown@formal@none@1@S@Honeywell Inc. said it hopes to complete shortly the first of two sales of shares in its Japanese joint venture, Yamatake-Honeywell, for about $280 million.@@@@1@25@@oe@2-2-2013
22107002@unknown@formal@none@1@S@The company wouldn't disclose the buyer of the initial 16% stake.@@@@1@11@@oe@2-2-2013
22107003@unknown@formal@none@1@S@Proceeds of the sale, expected to be completed next week, would be used to repurchase as many as 10 million shares of Honeywell stock, the company said.@@@@1@27@@oe@2-2-2013
22107004@unknown@formal@none@1@S@Honeywell said it is negotiating the sale of a second stake in Yamatake-Honeywell, but indicated it intends to hold at least 20% of the joint venture's stock long term.@@@@1@29@@oe@2-2-2013
22107005@unknown@formal@none@1@S@A 20% stake would allow Honeywell to include Yamatake earnings in its results.@@@@1@13@@oe@2-2-2013
22107006@unknown@formal@none@1@S@Honeywell previously said it intended to reduce its holding in the Japanese concern as part of a restructuring plan which also calls for a reduction of dependence on weapons sales.@@@@1@30@@oe@2-2-2013
22107007@unknown@formal@none@1@S@Yesterday a spokeswoman said the company was "pleased with our progress" in that regard and "hopes to provide additional details soon."@@@@1@21@@oe@2-2-2013
22107008@unknown@formal@none@1@S@Honeywell said its Defense and Marine Systems group incurred delays in shipping some undisclosed contracts during the third quarter, resulting in lower operating profit for that business.@@@@1@27@@oe@2-2-2013
22107009@unknown@formal@none@1@S@Overall, Honeywell reported earnings of $74.4 million, or $1.73 a share, for the three months ended Oct. 1 compared with a loss of $41.4 million, or 98 cents a share, a year earlier.@@@@1@33@@oe@2-2-2013
22107010@unknown@formal@none@1@S@The previous period's results included a $108 million pretax charge related to unrecoverable contract costs and a $12.3 million pretax gain on real estate sales.@@@@1@25@@oe@2-2-2013
22107011@unknown@formal@none@1@S@Sales for the latest quarter were flat, at $1.72 billion.@@@@1@10@@oe@2-2-2013
22107012@unknown@formal@none@1@S@For the nine months, Honeywell reported earnings of $212.1 million, or $4.92 a share, compared with earnings of $47.9 million, or $1.13 a share, a year earlier.@@@@1@27@@oe@2-2-2013
22107013@unknown@formal@none@1@S@Sales declined slightly to $5.17 billion.@@@@1@6@@oe@2-2-2013
22108001@unknown@formal@none@1@S@Once again, your editorial page misstates the law to conform to your almost beatific misperceptions.@@@@1@15@@oe@2-2-2013
22108002@unknown@formal@none@1@S@In an excursus of little relevance to his central point about private enforcement suits by environmental groups, Michael S. Greve informs your readers, ". . . the Clean Water Act is written upon the presumption -- the pretense, rather -- that nothing but zero risk will do; it establishes a legal standard of zero discharge" ("Congress's Environmental Buccaneers," Sept. 18).@@@@1@60@@oe@2-2-2013
22108003@unknown@formal@none@1@S@This statement surely buttresses your editorial viewpoint that environmental protection is generally silly or excessive, but it is simply wrong.@@@@1@20@@oe@2-2-2013
22108004@unknown@formal@none@1@S@The Clean Water Act contains no "legal standard" of zero discharge.@@@@1@11@@oe@2-2-2013
22108005@unknown@formal@none@1@S@It requires that "discharges of pollutants" into the "waters of the United States" be authorized by permits that reflect the effluent limitations developed under section 301.@@@@1@26@@oe@2-2-2013
22108006@unknown@formal@none@1@S@Whatever may be the problems with this system, it scarcely reflects "zero risk" or "zero discharge."@@@@1@16@@oe@2-2-2013
22108007@unknown@formal@none@1@S@Perhaps Mr. Greve was confused by Congress's meaningless statement of "the national goal" in section 101, which indeed calls for the elimination of discharges -- by 1985, no less.@@@@1@29@@oe@2-2-2013
22108008@unknown@formal@none@1@S@This fatuous statement was not taken seriously when enacted in 1972, and should not now be confused with the operative provisions of the statute.@@@@1@24@@oe@2-2-2013
22108009@unknown@formal@none@1@S@Thus, you do the public a great disservice when Mr. Greve suggests, even facetiously, that the Clean Water Act prohibits the preparation of a scotch and water; your tippling readers may be led to believe that nothing but chance or oversight protects them, as they cower in the night with their scotch and waters, from the hairyknuckled knock of the Sierra Club at their doors.@@@@1@65@@oe@2-2-2013
22108010@unknown@formal@none@1@S@Robert J. McManus@@@@1@3@@oe@2-2-2013
22109001@unknown@formal@none@1@S@National Geographic, the sixth-largest U.S. magazine, is attracting more readers than ever and offers the glossy, high-toned pages that upscale advertisers love.@@@@1@22@@oe@2-2-2013
22109002@unknown@formal@none@1@S@So why did advertising pages plunge by almost 10% and ad revenue by 7.2% in the first half?@@@@1@18@@oe@2-2-2013
22109003@unknown@formal@none@1@S@To hear advertisers tell it, the magazine just hasn't kept up with the times.@@@@1@14@@oe@2-2-2013
22109004@unknown@formal@none@1@S@Despite renewed interest by the public in such topics as the environment and the Third World, it hasn't been able to shake its reputation as a magazine boys like to flip through in search of topless tribe women.@@@@1@38@@oe@2-2-2013
22109005@unknown@formal@none@1@S@Worse, it lagged behind competitors in offering now-standard gimmicks, from regional editions to discounts for frequent advertisers.@@@@1@17@@oe@2-2-2013
22109006@unknown@formal@none@1@S@But now, the magazine is attempting to fight back, with an ambitious plan including a revamped sales strategy and a surprisingly aggressive ad campaign.@@@@1@24@@oe@2-2-2013
22109007@unknown@formal@none@1@S@Advertisers don't think of the magazine first, says Joan McCraw, who joined in April as national advertising director.@@@@1@18@@oe@2-2-2013
22109008@unknown@formal@none@1@S@"What we want to do is take a more aggressive stance.@@@@1@11@@oe@2-2-2013
22109009@unknown@formal@none@1@S@People didn't believe we were in tune with the marketplace, and in many ways we weren't."@@@@1@16@@oe@2-2-2013
22109010@unknown@formal@none@1@S@The 101-year-old magazine has never had to woo advertisers with quite so much fervor before.@@@@1@15@@oe@2-2-2013
22109011@unknown@formal@none@1@S@It largely rested on its hard-to-fault demographics: 10.8 million subscribers in the first half, up from 10.5 million a year ago; an average age of 42 for readers -- at the height of their consuming years; loyalty to the tune of an 85% average subscription renewal rate.@@@@1@47@@oe@2-2-2013
22109012@unknown@formal@none@1@S@The magazine had its best year yet in 1988, when it celebrated its centennial and racked up a 17% gain in ad pages, to 283.@@@@1@25@@oe@2-2-2013
22109013@unknown@formal@none@1@S@But this year, when the hullabaloo surrounding its centennial died, so too did some advertiser interest.@@@@1@16@@oe@2-2-2013
22109014@unknown@formal@none@1@S@The reason, ad executives say, is that the entire magazine business has been soft -- and National Geographic has some quirks that make it especially unattractive during a soft market.@@@@1@30@@oe@2-2-2013
22109015@unknown@formal@none@1@S@Perhaps the biggest of those factors is its high ad prices -- $130,000 for a four-color page, vs. $47,000 for the Smithsonian, a comparable publication with a far smaller circulation.@@@@1@30@@oe@2-2-2013
22109016@unknown@formal@none@1@S@When ad dollars are tight, the high page cost is a major deterrent for advertisers, who generally want to appear regularly in a publication or not at all.@@@@1@28@@oe@2-2-2013
22109017@unknown@formal@none@1@S@Even though National Geographic offers far more readers than does a magazine like Smithsonian, "the page costs you an arm and a leg to develop any frequency,"says Harry Glass, New York media manager for Bozell Inc.@@@@1@36@@oe@2-2-2013
22109018@unknown@formal@none@1@S@To combat that problem, National Geographic, like other magazines, began offering regional editions allowing advertisers to appear in only a portion of its magazines -- for example, ads can run only in the magazines sent to subscribers in the largest 25 markets.@@@@1@42@@oe@2-2-2013
22109019@unknown@formal@none@1@S@But the magazine was slower than its competitors to come up with its regional editions, and until last year offered fewer of them than did competitors.@@@@1@26@@oe@2-2-2013
22109020@unknown@formal@none@1@S@Time magazine, for example, has more than 100 separate editions going to different regions, top management, and other groups.@@@@1@19@@oe@2-2-2013
22109021@unknown@formal@none@1@S@Another sticking point for advertisers was National Geographic's tradition of lumping its ads together, usually at the beginning or end of the magazine, rather than spreading ads out among its articles, as most magazines do.@@@@1@35@@oe@2-2-2013
22109022@unknown@formal@none@1@S@And National Geographic's smaller-than-average size means extra production costs for advertisers.@@@@1@11@@oe@2-2-2013
22109023@unknown@formal@none@1@S@But Ms. McCraw says the magazine is fighting back.@@@@1@9@@oe@2-2-2013
22109024@unknown@formal@none@1@S@It now offers 30 regional editions, it very recently began running ads adjacent to articles, and it has been beefing up its sales force.@@@@1@24@@oe@2-2-2013
22109025@unknown@formal@none@1@S@And it just launched a promotional campaign to tell chief executives, marketing directors, and media executives just that.@@@@1@18@@oe@2-2-2013
22109026@unknown@formal@none@1@S@The centerpiece of the promotion is its new ad campaign, into which the magazine will pour about $500,000, mostly in the next few weeks.@@@@1@24@@oe@2-2-2013
22109027@unknown@formal@none@1@S@The campaign, created by Omnicom Group's DDB Needham agency, takes advantage of the eye-catching photography that National Geographic is known for.@@@@1@21@@oe@2-2-2013
22109028@unknown@formal@none@1@S@In one ad, a photo of the interior of the Sainte-Chapelle in Paris is paired with the headline, "The only book more respected than ours doesn't accept advertising."@@@@1@28@@oe@2-2-2013
22109029@unknown@formal@none@1@S@Another ad pictures a tree ant, magnified 80 times, with the headline, "For impact far beyond your size consider our regional editions."@@@@1@22@@oe@2-2-2013
22109030@unknown@formal@none@1@S@Ms. McCraw says she wants the campaign to help attract advertisers in 10 categories, including corporate, financial services, consumer electronics, insurance and food.@@@@1@23@@oe@2-2-2013
22109031@unknown@formal@none@1@S@Her goal: to top 300 ad pages in 1990, up from about 274 this year.@@@@1@15@@oe@2-2-2013
22109032@unknown@formal@none@1@S@Whether she can meet that ambitious goal is still far from certain.@@@@1@12@@oe@2-2-2013
22109033@unknown@formal@none@1@S@"The ad campaign is meant to contemporize the thought of National Geographic," she says.@@@@1@14@@oe@2-2-2013
22109034@unknown@formal@none@1@S@"We want it to be a '90s kind of image."@@@@1@10@@oe@2-2-2013
22109035@unknown@formal@none@1@S@WCRS Plans Ad-Unit Sale@@@@1@4@@oe@2-2-2013
22109036@unknown@formal@none@1@S@WCRS Group hopes to announce, perhaps today, an agreement to sell the majority of its ad unit to Paris-based Eurocom, a European ad executive said.@@@@1@25@@oe@2-2-2013
22109037@unknown@formal@none@1@S@WCRS has been in discussions with Eurocom for several months.@@@@1@10@@oe@2-2-2013
22109038@unknown@formal@none@1@S@However, when negotiations bogged down recently, WCRS's chief executive, Peter Scott, met in Paris with another French firm, Boulet Dru Dupuy Petit, or BDDP.@@@@1@24@@oe@2-2-2013
22109039@unknown@formal@none@1@S@According to the executive, BDDP's involvement prompted renewed vigor in the WCRS-Eurocom talks and the two agencies were hoping to hammer out details by today.@@@@1@25@@oe@2-2-2013
22109040@unknown@formal@none@1@S@Executives of the two agencies couldn't be reached last night.@@@@1@10@@oe@2-2-2013
22109041@unknown@formal@none@1@S@Ad Notes. . . .@@@@1@5@@oe@2-2-2013
22109042@unknown@formal@none@1@S@NEW ACCOUNT: Procter & Gamble Co., Cincinnati, awarded the ad accounts for its line of Professional Crisco vegetable shortening and oil products to Northlich, Stolley, LaWarre, Cincinnati.@@@@1@27@@oe@2-2-2013
22109043@unknown@formal@none@1@S@Billings weren't disclosed.@@@@1@3@@oe@2-2-2013
22109044@unknown@formal@none@1@S@Professional Crisco products are specially made for the foodservice industry.@@@@1@10@@oe@2-2-2013
22109045@unknown@formal@none@1@S@WHO'S NEWS: Stephen Novick, 49, was named executive vice president, deputy creative director at Grey Advertising, New York.@@@@1@18@@oe@2-2-2013
22109046@unknown@formal@none@1@S@He was executive vice president, director of broadcast production.@@@@1@9@@oe@2-2-2013
22110001@unknown@formal@none@1@S@The Commodity Futures Trading Commission plans to restrict dual trading on commodity exchanges, a move almost certain to infuriate exchange officials and traders.@@@@1@23@@oe@2-2-2013
22110002@unknown@formal@none@1@S@The CFTC said it will propose the restrictions after the release of a study that shows little economic benefit resulting from dual trading and cites "problems" associated with the practice.@@@@1@30@@oe@2-2-2013
22110003@unknown@formal@none@1@S@Dual trading gives an exchange trader the right to trade both for his own account and for customers.@@@@1@18@@oe@2-2-2013
22110004@unknown@formal@none@1@S@The issue exploded this year after a Federal Bureau of Investigation operation led to charges of widespread trading abuses at the Chicago Board of Trade and Chicago Mercantile Exchange.@@@@1@29@@oe@2-2-2013
22110005@unknown@formal@none@1@S@While not specifically mentioned in the FBI charges, dual trading became a focus of attempts to tighten industry regulations.@@@@1@19@@oe@2-2-2013
22110006@unknown@formal@none@1@S@Critics contend that traders were putting buying or selling for their own accounts ahead of other traders' customer orders.@@@@1@19@@oe@2-2-2013
22110007@unknown@formal@none@1@S@Traders are likely to oppose such restrictions because dual trading provides a way to make money in slower markets where there is a shortage of customer orders.@@@@1@27@@oe@2-2-2013
22110008@unknown@formal@none@1@S@The exchanges contend that dual trading improves liquidity in the markets because traders can buy or sell even when they don't have a customer order in hand.@@@@1@27@@oe@2-2-2013
22110009@unknown@formal@none@1@S@The exchanges say liquidity becomes a severe problem for thinly traded contracts such as those with a long time remaining before expiration.@@@@1@22@@oe@2-2-2013
22110010@unknown@formal@none@1@S@The CFTC may take those arguments into account by allowing exceptions to its restrictions.@@@@1@14@@oe@2-2-2013
22110011@unknown@formal@none@1@S@The agency didn't cite specific situations where dual trading might be allowed, but smaller exchanges or contracts that need additional liquidity are expected to be among them.@@@@1@27@@oe@2-2-2013
22110012@unknown@formal@none@1@S@Wendy Gramm, the agency's chairman, told the Senate Agriculture Committee that she expects the study to be released within two weeks and the rule changes to be completed by Thanksgiving.@@@@1@30@@oe@2-2-2013
22110013@unknown@formal@none@1@S@The study, by the CFTC's division of economic analysis, shows that "a trade is a trade," a member of the study team said.@@@@1@23@@oe@2-2-2013
22110014@unknown@formal@none@1@S@Whether a trade is done on a dual or non-dual basis, the member said, "doesn't seem to have much economic impact."@@@@1@21@@oe@2-2-2013
22110015@unknown@formal@none@1@S@Currently, most traders on commodity exchanges specialize in trading either for customer accounts, which makes them brokers, or for their own accounts as socalled locals.@@@@1@25@@oe@2-2-2013
22110016@unknown@formal@none@1@S@"The tests indicate that dual and non-dual traders are similar in terms of the trade executions and liquidity they provide to the market," Mrs. Gramm told the Senate panel.@@@@1@29@@oe@2-2-2013
22110017@unknown@formal@none@1@S@Members of Congress have proposed restricting dual trading in bills to reauthorize CFTC operations.@@@@1@14@@oe@2-2-2013
22110018@unknown@formal@none@1@S@The House's bill would prohibit dual trading in markets with daily average volume of 7,000 contracts or more, comprising those considered too difficult to track without a sophisticated computer system.@@@@1@30@@oe@2-2-2013
22110019@unknown@formal@none@1@S@The Senate bill would force the CFTC to suspend dual trading if an exchange can't show that its oversight system can detect dual-trading abuses.@@@@1@24@@oe@2-2-2013
22110020@unknown@formal@none@1@S@So far, one test of restricting dual trading has worked well.@@@@1@11@@oe@2-2-2013
22110021@unknown@formal@none@1@S@The Chicago Merc banned dual trading in its Standard & Poor's 500-stock index futures pit in 1987.@@@@1@17@@oe@2-2-2013
22110022@unknown@formal@none@1@S@Under the rules, traders decide before a session begins whether they will trade for their own account or for customers.@@@@1@20@@oe@2-2-2013
22110023@unknown@formal@none@1@S@Traders who stand on the pit's top step, where most customer orders are executed, can't trade for themselves.@@@@1@18@@oe@2-2-2013
22110024@unknown@formal@none@1@S@A Merc spokesman said the plan hasn't made much difference in liquidity in the pit.@@@@1@15@@oe@2-2-2013
22110025@unknown@formal@none@1@S@"It's too soon to tell . . . but people don't seem to be unhappy with it," he said.@@@@1@19@@oe@2-2-2013
22110026@unknown@formal@none@1@S@He said he wouldn't comment on the CFTC plan until the exchange has seen the full proposal.@@@@1@17@@oe@2-2-2013
22110027@unknown@formal@none@1@S@But at a meeting last week, Tom Donovan, the Board of Trade's president, told commodity lawyers: "Dual trading is definitely worth saving.@@@@1@22@@oe@2-2-2013
22110028@unknown@formal@none@1@S@It adds something to the market.@@@@1@6@@oe@2-2-2013
22111001@unknown@formal@none@1@S@Japanese Firms Push Posh Car Showrooms@@@@1@6@@oe@2-2-2013
22111002@unknown@formal@none@1@S@JAPANESE luxury-car makers are trying to set strict design standards for their dealerships.@@@@1@13@@oe@2-2-2013
22111003@unknown@formal@none@1@S@But some dealers are negotiating looser terms, while others decline to deal at all.@@@@1@14@@oe@2-2-2013
22111004@unknown@formal@none@1@S@Nissan Motor Co.'s Infiniti division likes to insist that every dealer construct and furnish a building in a Japanese style.@@@@1@20@@oe@2-2-2013
22111005@unknown@formal@none@1@S@Specifications include a polished bronze sculpture at the center of each showroom and a tile bridge spanning a stream that flows into the building from outside.@@@@1@26@@oe@2-2-2013
22111006@unknown@formal@none@1@S@"Infiniti has it down to the ashtrays," says Jay Ferron, a partner at J.D. Power & Associates, an auto research firm.@@@@1@21@@oe@2-2-2013
22111007@unknown@formal@none@1@S@Toyota Motor Corp.'s Lexus division also provides specifications.@@@@1@8@@oe@2-2-2013
22111008@unknown@formal@none@1@S@But only two-thirds of Lexus dealers are constructing new buildings according to the Lexus specs.@@@@1@15@@oe@2-2-2013
22111009@unknown@formal@none@1@S@Some are even coming up with their own novel designs.@@@@1@10@@oe@2-2-2013
22111010@unknown@formal@none@1@S@In Louisville, Ky., for example, David Peterson has built a Lexus dealership with the showroom on the second floor.@@@@1@19@@oe@2-2-2013
22111011@unknown@formal@none@1@S@Yet some dealers have turned down Infiniti or Lexus franchises because they were unwilling or unable to meet the design requirements.@@@@1@21@@oe@2-2-2013
22111012@unknown@formal@none@1@S@Lee Seidman of Cleveland says Infiniti "was a bear on interiors" but at least let him retrofit an existing building -- without the stream.@@@@1@24@@oe@2-2-2013
22111013@unknown@formal@none@1@S@Mr. Seidman says he turned down a Lexus franchise in part because "the building was gorgeous but very expensive."@@@@1@19@@oe@2-2-2013
22111014@unknown@formal@none@1@S@To head off arguments, Infiniti offers dealers cash bonuses and low-interest construction loans.@@@@1@13@@oe@2-2-2013
22111015@unknown@formal@none@1@S@Dictation Device's Saga Plays Back a Lesson@@@@1@7@@oe@2-2-2013
22111016@unknown@formal@none@1@S@PRODUCTS DON'T have to be first to be winners.@@@@1@9@@oe@2-2-2013
22111017@unknown@formal@none@1@S@That's the lesson offered through one case study featured in a design exhibit.@@@@1@13@@oe@2-2-2013
22111018@unknown@formal@none@1@S@Dictaphone Corp. was caught off guard in 1974 when its main competitor, Lanier Office Products of Japan, introduced a microcassette dictation recorder half the size of standard cassette devices.@@@@1@29@@oe@2-2-2013
22111019@unknown@formal@none@1@S@Blocked by patent protection from following suit, Dictaphone decided to go a step further and cut the cassette in half again -- down to the length of a paperclip.@@@@1@29@@oe@2-2-2013
22111020@unknown@formal@none@1@S@By 1979, designers and engineers at Dictaphone, a Pitney Bowes subsidiary, had produced a working model of a "picocassette" recorder.@@@@1@20@@oe@2-2-2013
22111021@unknown@formal@none@1@S@By 1982, however, the patent status of the Lanier microcassette had changed, permitting Dictaphone to develop its own competitive micro system, which it did.@@@@1@24@@oe@2-2-2013
22111022@unknown@formal@none@1@S@Marketing and sales departments then urged abandonment of the pico project.@@@@1@11@@oe@2-2-2013
22111023@unknown@formal@none@1@S@But others said pico should proceed.@@@@1@6@@oe@2-2-2013
22111024@unknown@formal@none@1@S@Both were right.@@@@1@3@@oe@2-2-2013
22111025@unknown@formal@none@1@S@Dictaphone went ahead and introduced the pico in 1985, but it hasn't sold well.@@@@1@14@@oe@2-2-2013
22111026@unknown@formal@none@1@S@To date, says Emil Jachmann, a Dictaphone vice president, it has "broken even or shown a small loss."@@@@1@18@@oe@2-2-2013
22111027@unknown@formal@none@1@S@Nevertheless, the device has been successful in other ways.@@@@1@9@@oe@2-2-2013
22111028@unknown@formal@none@1@S@It helped Dictaphone attract better engineers, and it provided new technology for other company products.@@@@1@15@@oe@2-2-2013
22111029@unknown@formal@none@1@S@The picocassette recorder also helped transform the company's reputation from follower to leading-edge innovator.@@@@1@14@@oe@2-2-2013
22111030@unknown@formal@none@1@S@"It gave me great pride to see the inventor of the microcassette in Japan look at the pico and shake his head and say `unbelievable,'" says Mr. Jachmann.@@@@1@28@@oe@2-2-2013
22111031@unknown@formal@none@1@S@Dictaphone's picocassette recorder is one of 13 case studies in the TRIAD Design Project, sponsored by the Design Management Institute of Boston and Harvard Business School.@@@@1@26@@oe@2-2-2013
22111032@unknown@formal@none@1@S@The studies are on exhibit at Harvard this month and will travel to Chicago's Institute of Design and the University of California at Berkeley.@@@@1@24@@oe@2-2-2013
22111033@unknown@formal@none@1@S@A Rake's Progress Means Branching Out@@@@1@6@@oe@2-2-2013
22111034@unknown@formal@none@1@S@ONE DAY Carl Barrett of Mobile, Ala., was raking some sycamore leaves, but the rake kept riding up over the piles.@@@@1@21@@oe@2-2-2013
22111035@unknown@formal@none@1@S@The harder he tried to push them into large piles, the closer he came to breaking the rake and straining his back.@@@@1@22@@oe@2-2-2013
22111036@unknown@formal@none@1@S@So Mr. Barrett, then vice president of the Alabama Steamship Association, took a steel-toothed garden rake and taped it to the underside of a leaf rake about nine inches up.@@@@1@30@@oe@2-2-2013
22111037@unknown@formal@none@1@S@His crude device worked: The lower teeth gathered the leaves into a pile, while the higher, harder teeth moved the top of the pile.@@@@1@24@@oe@2-2-2013
22111038@unknown@formal@none@1@S@Now incorporated into a polypropylene rake, the four-inch prongs, or "wonderbars," also are supposed to aid in picking up leaves.@@@@1@20@@oe@2-2-2013
22111039@unknown@formal@none@1@S@One customer, Donald Blaggs of Mobile, says the Barrett Rake allowed him to do his lawn in 2 1/2 hours, two hours less than usual.@@@@1@25@@oe@2-2-2013
22111040@unknown@formal@none@1@S@But other rake makers have their doubts.@@@@1@7@@oe@2-2-2013
22111041@unknown@formal@none@1@S@Richard Mason, president of Ames Co. in Parkersburg, W. Va., says the Barrett rake "makes sense," but it would be "tough" to explain to consumers.@@@@1@25@@oe@2-2-2013
22111042@unknown@formal@none@1@S@John Stoner, marketing director for True Temper Corp., a subsidiary of Black & Decker, says people don't want to move a leaf pile.@@@@1@23@@oe@2-2-2013
22111043@unknown@formal@none@1@S@"They either pick it up," he says, "or they start pulling from a fresh direction."@@@@1@15@@oe@2-2-2013
22111044@unknown@formal@none@1@S@Odds and Ends@@@@1@3@@oe@2-2-2013
22111045@unknown@formal@none@1@S@NO MORE STUBBED toes or bruised shins, promises Geste Corp. of Goshen, Ind., the designer of a bed support to replace traditional frames.@@@@1@23@@oe@2-2-2013
22111046@unknown@formal@none@1@S@Four tubular steel "Bedfellows," each roughly in the shape of a "W," are attached to the bottom of the box spring in a recessed position. . . .@@@@1@28@@oe@2-2-2013
22111047@unknown@formal@none@1@S@Nearly half of U.S. consumers say they'll pay up to 5% more for packaging that can be recycled or is biodegradable, according to a survey commissioned by the Michael Peters Group, a design consultant.@@@@1@34@@oe@2-2-2013
22112001@unknown@formal@none@1@S@The Pentagon is a haunted house.@@@@1@6@@oe@2-2-2013
22112002@unknown@formal@none@1@S@Living there for six years was really scary.@@@@1@8@@oe@2-2-2013
22112003@unknown@formal@none@1@S@The ghosts of the past are everywhere: They are kept at bay only by feeding them vast quantities of our defense budget.@@@@1@22@@oe@2-2-2013
22112004@unknown@formal@none@1@S@Some can be bought off relatively cheaply.@@@@1@7@@oe@2-2-2013
22112005@unknown@formal@none@1@S@During the Korean War, Gen. Douglas MacArthur demanded and got, in addition to his U.N. command in Korea, his own naval command in Japan, NavforJapan.@@@@1@25@@oe@2-2-2013
22112006@unknown@formal@none@1@S@Those obsolete operations cost less than $2 billion a year, and keep Mac's ghost quiet.@@@@1@15@@oe@2-2-2013
22112007@unknown@formal@none@1@S@That's about all it costs to appease Adm. Erich Raeder's ghost.@@@@1@11@@oe@2-2-2013
22112008@unknown@formal@none@1@S@In 1941, Raeder and the German navy threatened to attack the Panama Canal, so we created the Southern Command in Panama.@@@@1@21@@oe@2-2-2013
22112009@unknown@formal@none@1@S@The Southern Command has grown even bigger since the war because Raeder's ghost sometimes runs through the E ring dressed like Gen. Noriega.@@@@1@23@@oe@2-2-2013
22112010@unknown@formal@none@1@S@The Command's huge bureaucracy is needed to analyze whether leaders of coups against Gen. Noriega meet the War Powers Act's six points, Cap Weinberger's seven points, the Intelligence Committee's 32 points and Woodrow Wilson's 14 points necessary to justify U.S. support.@@@@1@41@@oe@2-2-2013
22112011@unknown@formal@none@1@S@So far no one has.@@@@1@5@@oe@2-2-2013
22112012@unknown@formal@none@1@S@The ghost of the Soviet brigade discovered in Cuba back in the '70s costs just a few hundred million: the price of the Caribbean Command in Key West that President Carter created in 1980.@@@@1@34@@oe@2-2-2013
22112013@unknown@formal@none@1@S@The brigade hasn't been heard from since, but we keep the staff around just in case.@@@@1@16@@oe@2-2-2013
22112014@unknown@formal@none@1@S@George Marshall's ghost is much more difficult to keep happy.@@@@1@10@@oe@2-2-2013
22112015@unknown@formal@none@1@S@We keep a lot of shrines to him around the Pentagon: statues, busts, relics and such.@@@@1@16@@oe@2-2-2013
22112016@unknown@formal@none@1@S@The Army headquarters on the third deck of the Pentagon used to burn a lot of incense to him, but the Navy headquarters on the fourth deck made them stop it.@@@@1@31@@oe@2-2-2013
22112017@unknown@formal@none@1@S@You see, Marshall had this thing about the Navy and the Marines -- he wanted to make them part of the Army but Secretary of the Navy James Forrestal blocked him.@@@@1@31@@oe@2-2-2013
22112018@unknown@formal@none@1@S@Now his ghost won't let up till it's done.@@@@1@9@@oe@2-2-2013
22112019@unknown@formal@none@1@S@To keep him quiet we invent a new unified command every year or so run by the Army or the Air Force and put more of the Navy and Marines under it.@@@@1@32@@oe@2-2-2013
22112020@unknown@formal@none@1@S@But we still hear him moaning at night because the Navy has a few ships left, and to satisfy him the Navy's sea lift forces were given to a new Air Force bureaucracy in Illinois, its space operations to another command in Colorado, the frogmen to a new Army bureaucracy in Fort Bragg, and the Navy's Indian Ocean and Persian Gulf forces to an Army bureaucracy in Florida.@@@@1@68@@oe@2-2-2013
22112021@unknown@formal@none@1@S@Which brings up the worst and meanest ghost of all -- the ghost of the shah of Iran.@@@@1@18@@oe@2-2-2013
22112022@unknown@formal@none@1@S@When the shah died, President Carter was so scared that the shah's ghost would blame him for shoving him out to make way for the ayatollah that he declared the Carter Doctrine.@@@@1@32@@oe@2-2-2013
22112023@unknown@formal@none@1@S@Mr. Carter said he would go to war to stop anyone from trying to grab Iran.@@@@1@16@@oe@2-2-2013
22112024@unknown@formal@none@1@S@But that ghost wouldn't settle for words, he wanted money and people -- lots.@@@@1@14@@oe@2-2-2013
22112025@unknown@formal@none@1@S@So Mr. Carter formed three new Army divisions and gave them to a new bureaucracy in Tampa called the Rapid Deployment Force.@@@@1@22@@oe@2-2-2013
22112026@unknown@formal@none@1@S@But that ghost wasn't fooled; he knew the RDF was neither rapid nor deployable nor a force -- even though it cost $8 billion or $10 billion a year.@@@@1@29@@oe@2-2-2013
22112027@unknown@formal@none@1@S@After Mr. Carter was defeated in 1980, the shah's ghost claimed the credit and then went after President Reagan and Cap Weinberger.@@@@1@22@@oe@2-2-2013
22112028@unknown@formal@none@1@S@I saw what he did to them firsthand.@@@@1@8@@oe@2-2-2013
22112029@unknown@formal@none@1@S@It made my shoelaces dance with terror.@@@@1@7@@oe@2-2-2013
22112030@unknown@formal@none@1@S@Why, he used to lay in wait for Cap; suddenly he'd leap from behind some statue of Marshall onto Cap's chest and grab him by the throat and choke him till he coughed up an additional $2 billion or so.@@@@1@40@@oe@2-2-2013
22112031@unknown@formal@none@1@S@Cap added four more divisions to the Army, two active and two reserve; two carrier groups to the Navy; a division -- equivalent to the Marines; and the C-5B, KC-10, C-17 and a thousand tactical aircraft to the Air Force.@@@@1@40@@oe@2-2-2013
22112032@unknown@formal@none@1@S@He bought $4 billion in prepositioning ships and $7 billion in ammo and equipment to fill them, and parked them at a new $6 billion base at Diego Garcia in the middle of the Indian Ocean.@@@@1@36@@oe@2-2-2013
22112033@unknown@formal@none@1@S@He dedicated all these new forces to the Persian Gulf.@@@@1@10@@oe@2-2-2013
22112034@unknown@formal@none@1@S@One night both Marshall's ghost and the shah's ghost together caught Cap and threw him to the ground.@@@@1@18@@oe@2-2-2013
22112035@unknown@formal@none@1@S@Before they let him go he added a thousand bureaucrats to the RDF in Tampa and renamed it Central Command.@@@@1@20@@oe@2-2-2013
22112036@unknown@formal@none@1@S@He gave those bureaucrats charge of all naval operations in the Persian Gulf and Indian Ocean.@@@@1@16@@oe@2-2-2013
22112037@unknown@formal@none@1@S@Marshall figured it would be good training for those soldiers -- someday maybe they would get the whole Navy.@@@@1@19@@oe@2-2-2013
22112038@unknown@formal@none@1@S@They had fun moving the carriers around, but it turned out that they had forgotten all about mine sweepers.@@@@1@19@@oe@2-2-2013
22112039@unknown@formal@none@1@S@But the shah still kept leaping out at Cap, so Cap bought a hundred merchant ships more and $7 billion of loading barges, ramps, etc., in order that those seven new Army divisions and three Marine brigades could unload from all those new ships and aircraft and go to war in the Zagros mountains.@@@@1@54@@oe@2-2-2013
22112040@unknown@formal@none@1@S@Then suddenly Ike's ghost came to visit and said, "What the hell are you doing planning for a land war in Asia 12,000 miles away?@@@@1@25@@oe@2-2-2013
22112041@unknown@formal@none@1@S@We'd get our asses kicked."@@@@1@5@@oe@2-2-2013
22112042@unknown@formal@none@1@S@Lucky for Cap, Ike was easygoing and soon went away, while the shah -- he kept coming back.@@@@1@18@@oe@2-2-2013
22112043@unknown@formal@none@1@S@So the U.S. found itself paying about $2 billion in baksheesh to various Arab potentates for basing rights around the Indian Ocean.@@@@1@22@@oe@2-2-2013
22112044@unknown@formal@none@1@S@We had great success in Somalia.@@@@1@6@@oe@2-2-2013
22112045@unknown@formal@none@1@S@But then it turned out that President Siad Barrah was not at all a nice person and the Navy pointed out that the base he promised us in Berbera had silted up about a hundred years ago and anyway was 1,244 miles from the mouth of the Gulf.@@@@1@48@@oe@2-2-2013
22112046@unknown@formal@none@1@S@(But who's counting.)@@@@1@3@@oe@2-2-2013
22112047@unknown@formal@none@1@S@Still, Berbera was the best we could get, so we stay in bed with President Barrah.@@@@1@16@@oe@2-2-2013
22112048@unknown@formal@none@1@S@All these reports about him committing genocide are probably exaggerated anyway.@@@@1@11@@oe@2-2-2013
22112049@unknown@formal@none@1@S@But wouldn't you know, now that we are spending jillions of dollars, and have built those new divisions and new air wings, and have positioned all these ships and supplies to fight the Russians in Iran, the Russians seem to have lost interest in the whole subject.@@@@1@47@@oe@2-2-2013
22112050@unknown@formal@none@1@S@Meanwhile, Congress is cutting huge chunks out of the rest of the defense budget.@@@@1@14@@oe@2-2-2013
22112051@unknown@formal@none@1@S@Predictably, some Navy guys said: "Do we still need to keep all 18 Army divisions on active duty and all those extra land-based aircraft without bases and all those Army guys playing admiral in Tampa?@@@@1@35@@oe@2-2-2013
22112052@unknown@formal@none@1@S@Couldn't we save $20 billion or $30 billion a year by shifting that stuff to the reserves?@@@@1@17@@oe@2-2-2013
22112053@unknown@formal@none@1@S@And why not save the costs of a thousand bureaucrats by abolishing Central Command and putting responsibility for Gulf naval operations back where it belongs, afloat with the task force commander in the Gulf?@@@@1@34@@oe@2-2-2013
22112054@unknown@formal@none@1@S@And where were all our handsomely paid Indian Ocean allies last year when our convoys were being attacked?"@@@@1@18@@oe@2-2-2013
22112055@unknown@formal@none@1@S@Questions like that really stir up Marshall's ghost.@@@@1@8@@oe@2-2-2013
22112056@unknown@formal@none@1@S@He appeared late one night in the bedroom of the new defense secretary, Dick Cheney.@@@@1@15@@oe@2-2-2013
22112057@unknown@formal@none@1@S@Marshall came clanking in like Marley's ghost dragging those chains of brigades and air wings and links with Arab despots.@@@@1@20@@oe@2-2-2013
22112058@unknown@formal@none@1@S@He wouldn't leave until Mr. Cheney promised to do whatever the Pentagon systems analysts told him.@@@@1@16@@oe@2-2-2013
22112059@unknown@formal@none@1@S@So next day Mr. Cheney went out and did just that: He canceled the 600-ship Navy and cut back one carrier and 20 frigates.@@@@1@24@@oe@2-2-2013
22112060@unknown@formal@none@1@S@Then he canceled production of the Navy's most important carrier aircraft, the F-14 and the A-6.@@@@1@16@@oe@2-2-2013
22112061@unknown@formal@none@1@S@On the other hand, Mr. Cheney retained all those new land forces.@@@@1@12@@oe@2-2-2013
22112062@unknown@formal@none@1@S@Marshall's ghost is satisfied for now, but he'll be back.@@@@1@10@@oe@2-2-2013
22112063@unknown@formal@none@1@S@What with Halloween coming and bigger defense cuts looming, more and more Pentagon bureaucrats are crawling under their desks.@@@@1@19@@oe@2-2-2013
22112064@unknown@formal@none@1@S@They know that they can hold off the ghosts only a little while longer by cutting carriers and ships.@@@@1@19@@oe@2-2-2013
22112065@unknown@formal@none@1@S@Then the whole thing will start to collapse, just as it did in the 1970s, and the ghosts and banshees will be howling through the place turning people's hair white.@@@@1@30@@oe@2-2-2013
22112066@unknown@formal@none@1@S@Gives me the willies just thinking about it.@@@@1@8@@oe@2-2-2013
22112067@unknown@formal@none@1@S@Mr. Lehman, a Reagan Navy secretary, is a managing director of PaineWebber.@@@@1@12@@oe@2-2-2013
22113001@unknown@formal@none@1@S@The metal and marble lobby of CenTrust Bank's headquarters is grander than your average savings and loan.@@@@1@17@@oe@2-2-2013
22113002@unknown@formal@none@1@S@For one thing, there is an old master on the wall -- "Samuel Anointing David," a big baroque canvas painted by Mattia Preti, a 17th-century Neapolitan.@@@@1@26@@oe@2-2-2013
22113003@unknown@formal@none@1@S@At the moment, however, the painting is a nagging reminder of the problems that have engulfed CenTrust and its flamboyant chairman and chief executive, David L. Paul.@@@@1@27@@oe@2-2-2013
22113004@unknown@formal@none@1@S@In an international buying spree that began barely two years ago, Mr. Paul amassed a collection of about 30 pre-18th-century works, including the Preti, at a total cost of $28 million.@@@@1@31@@oe@2-2-2013
22113005@unknown@formal@none@1@S@By midnight Oct. 6, all of the paintings were supposed to have been sold off, under orders from Florida's comptroller, whose office regulates the state's S&Ls.@@@@1@26@@oe@2-2-2013
22113006@unknown@formal@none@1@S@CenTrust didn't meet the deadline.@@@@1@5@@oe@2-2-2013
22113007@unknown@formal@none@1@S@The collection was at the heart of a grandiose plan Mr. Paul had in which the art was to do double duty -- as an investment for CenTrust and as decoration for the S&L's new office tower, designed by I.M. Pei.@@@@1@41@@oe@2-2-2013
22113008@unknown@formal@none@1@S@The rub is that the $28 million was plucked from the funds of this federally insured institution even as CenTrust was losing money hand over fist.@@@@1@26@@oe@2-2-2013
22113009@unknown@formal@none@1@S@Mr. Paul had no right to buy art for the S&L in the first place -- it isn't on the comptroller's "permissible" list -- without seeking a special dispensation, which he did not do.@@@@1@34@@oe@2-2-2013
22113010@unknown@formal@none@1@S@Besides that, some of the paintings that were to grace the walls of CenTrust actually ended up hanging in the chairman's estate on La Gorce Isle off Miami Beach.@@@@1@29@@oe@2-2-2013
22113011@unknown@formal@none@1@S@Last spring, the comptroller's office called a halt to Mr. Paul's fling, giving him six months to sell the paintings.@@@@1@20@@oe@2-2-2013
22113012@unknown@formal@none@1@S@The acquisitions, officials said in a letter to Mr. Paul, were "unsafe, unsound and unauthorized."@@@@1@15@@oe@2-2-2013
22113013@unknown@formal@none@1@S@So far, Mr. Paul has unloaded but three of his masterpieces, he won't say to whom.@@@@1@16@@oe@2-2-2013
22113014@unknown@formal@none@1@S@The comptroller's office says it is "monitoring the situation."@@@@1@9@@oe@2-2-2013
22113015@unknown@formal@none@1@S@Though the agency could remove Mr. Paul, it has no current intention to do that.@@@@1@15@@oe@2-2-2013
22113016@unknown@formal@none@1@S@"It's not like selling Chevrolets," Mr. Paul says, as he takes a drag on a goldbanded St. Moritz cigarette.@@@@1@19@@oe@2-2-2013
22113017@unknown@formal@none@1@S@"The last six months has established the quality of the collection.@@@@1@11@@oe@2-2-2013
22113018@unknown@formal@none@1@S@There's no fire sale here."@@@@1@5@@oe@2-2-2013
22113019@unknown@formal@none@1@S@Despite Mr. Paul's characteristic hauteur, the 50-year-old, chain-smoking dynamo is finding that getting CenTrust -- Florida's largest thrift institution -- out of its riskiest investments is much tougher than getting into them had been.@@@@1@34@@oe@2-2-2013
22113020@unknown@formal@none@1@S@Paintings are just part of the picture.@@@@1@7@@oe@2-2-2013
22113021@unknown@formal@none@1@S@Although Mr. Paul has pared a $1.35 billion junk-bond portfolio to less than $900 million since April, the high-yield debt market has plummeted.@@@@1@23@@oe@2-2-2013
22113022@unknown@formal@none@1@S@Divesting itself of what is left, as is required of all thrift institutions by July 1994 under the new federal S&L bailout law, may well prove difficult.@@@@1@27@@oe@2-2-2013
22113023@unknown@formal@none@1@S@And CenTrust has other problems.@@@@1@5@@oe@2-2-2013
22113024@unknown@formal@none@1@S@Late last week federal regulators ordered the thrift institution to stop paying dividends on its preferred stock -- a move that suggests deep concern about an institution.@@@@1@27@@oe@2-2-2013
22113025@unknown@formal@none@1@S@Mr. Paul has a plan to bring in $150 million by selling off 63 of CenTrust's 71 branches, but it has yet to be approved by regulators.@@@@1@27@@oe@2-2-2013
22113026@unknown@formal@none@1@S@It is Mr. Paul's art venture, however, that has drawn the most attention from investors and regulators, not to mention galleries throughout the world.@@@@1@24@@oe@2-2-2013
22113027@unknown@formal@none@1@S@Embittered shareholders (some of whom are suing) say the chairman and his collection epitomize the excesses of speculation that set off the national S&L crisis.@@@@1@25@@oe@2-2-2013
22113028@unknown@formal@none@1@S@(CenTrust shares have fallen sharply in price from a high of $15.125 in 1986 to close yesterday at $2.875.)@@@@1@19@@oe@2-2-2013
22113029@unknown@formal@none@1@S@Gallery directors, meanwhile, say Mr. Paul and others of his ilk have left an indelible mark on the art world -- and not for the better.@@@@1@26@@oe@2-2-2013
22113030@unknown@formal@none@1@S@Collectors don't say "It's a van Gogh" anymore, laments Harry Brooks, the president of Wildenstein & Co., a New York gallery.@@@@1@21@@oe@2-2-2013
22113031@unknown@formal@none@1@S@"They say, `Johnny Payson got $53 million for his, so certainly $10 million isn't too much for mine.'@@@@1@18@@oe@2-2-2013
22113032@unknown@formal@none@1@S@The great collectors we depended on, such as Paul Mellon or Norton Simon, have stopped buying, and the new buyers are brilliant men who made money in the stock market or in takeovers and rushed into collecting. . . ."@@@@1@40@@oe@2-2-2013
22113033@unknown@formal@none@1@S@Mr. Payson, an art dealer and collector, sold Vincent van Gogh's "Irises" at a Sotheby's auction in November 1987 to Australian businessman Alan Bond.@@@@1@24@@oe@2-2-2013
22113034@unknown@formal@none@1@S@(Trouble is, Mr. Bond has yet to pay up, and until he does, Sotheby's has the painting under lock and key.)@@@@1@21@@oe@2-2-2013
22113035@unknown@formal@none@1@S@When Mr. Paul moved in on the art market, he let it be known that virtually no piece was too costly to be considered by CenTrust.@@@@1@26@@oe@2-2-2013
22113036@unknown@formal@none@1@S@He established his reputation as a freespender in January last year at Sotheby's auction of the Linda and Gerald Guterman collection in New York.@@@@1@24@@oe@2-2-2013
22113037@unknown@formal@none@1@S@There, on one of his first shopping trips, Mr. Paul picked up several paintings at stunning prices.@@@@1@17@@oe@2-2-2013
22113038@unknown@formal@none@1@S@He paid $2.2 million, for instance, for a still life by Jan Jansz. den Uyl that was expected to fetch perhaps $700,000.@@@@1@22@@oe@2-2-2013
22113039@unknown@formal@none@1@S@The price paid was a record for the artist.@@@@1@9@@oe@2-2-2013
22113040@unknown@formal@none@1@S@(Some 64% of items offered at the Guterman auction were sold, at an average price of $343,333.@@@@1@17@@oe@2-2-2013
22113041@unknown@formal@none@1@S@The rest were withdrawn for lack of acceptable bids.)@@@@1@9@@oe@2-2-2013
22113042@unknown@formal@none@1@S@Afterward, Mr. Paul is said by Mr. Guterman to have phoned Mr. Guterman, the New York developer selling the collection, and gloated.@@@@1@22@@oe@2-2-2013
22113043@unknown@formal@none@1@S@"He says he `stole them,'" recalls Mr. Guterman.@@@@1@8@@oe@2-2-2013
22113044@unknown@formal@none@1@S@"And he tells me, `If you want to see your paintings, you'll have to come to my house in Florida.'"@@@@1@20@@oe@2-2-2013
22113045@unknown@formal@none@1@S@Mr. Paul denies phoning and gloating.@@@@1@6@@oe@2-2-2013
22113046@unknown@formal@none@1@S@"It's just not true," he says.@@@@1@6@@oe@2-2-2013
22113047@unknown@formal@none@1@S@Mr. Paul quickly became more aggressive in his collecting, with the help of George Wachter, a Sotheby's expert in old masters whom he met at an exhibition of the Guterman items.@@@@1@31@@oe@2-2-2013
22113048@unknown@formal@none@1@S@Mr. Wachter, who became his principal adviser, searched galleries in London, Paris and Monaco.@@@@1@14@@oe@2-2-2013
22113049@unknown@formal@none@1@S@And, according to one dealer, Mr. Wachter had a penchant for introducing Mr. Paul with the phrase: "He can buy anything."@@@@1@21@@oe@2-2-2013
22113050@unknown@formal@none@1@S@Nicholas Hall, the president of the Colnaghi U.S.A. Ltd. gallery in New York, sold Mr. Paul "Abraham and Sarah in the Wilderness" by Giovanni Battista Tiepolo.@@@@1@26@@oe@2-2-2013
22113051@unknown@formal@none@1@S@Mr. Hall says Mr. Paul "was known to spend a lot of money.@@@@1@13@@oe@2-2-2013
22113052@unknown@formal@none@1@S@People were interested in seeing him, but it was recognized that the route was through Sotheby's and particularly George Wachter."@@@@1@20@@oe@2-2-2013
22113053@unknown@formal@none@1@S@Mr. Paul thus developed a close, symbiotic relationship with Sotheby's.@@@@1@10@@oe@2-2-2013
22113054@unknown@formal@none@1@S@Mr. Paul was eager to assemble a collection for the headquarters CenTrust has been moving into for the greater part of a year.@@@@1@23@@oe@2-2-2013
22113055@unknown@formal@none@1@S@Sotheby's, the auction house founded in London 1744 and now under the umbrella of Sotheby's Holdings Inc., was hoping to stir up interest in old masters as it strove to build its U.S. business.@@@@1@34@@oe@2-2-2013
22113056@unknown@formal@none@1@S@European dealers continued to dominate the action in old masters, which Sotheby's North America had lately been touting in this country.@@@@1@21@@oe@2-2-2013
22113057@unknown@formal@none@1@S@For several months, there was optimism all around.@@@@1@8@@oe@2-2-2013
22113058@unknown@formal@none@1@S@Last October, Mr. Paul paid out $12 million of CenTrust's cash -- plus a $1.2 million commission -- for "Portrait of a Man as Mars."@@@@1@25@@oe@2-2-2013
22113059@unknown@formal@none@1@S@The painting, attributed to Flemish artist Peter Paul Rubens, was purchased privately through Sotheby's, not at auction.@@@@1@17@@oe@2-2-2013
22113060@unknown@formal@none@1@S@In March 1989, just 15 months into his campaign, Mr. Paul was named by Art & Antiques magazine as one of the top 100 individual collectors in the U.S.@@@@1@29@@oe@2-2-2013
22113061@unknown@formal@none@1@S@"An unknown quantity to most of the art world, Paul is no stranger to lavish spending," the magazine said, noting that he doesn't stop at paint on canvas but also spends big on art you can eat.@@@@1@37@@oe@2-2-2013
22113062@unknown@formal@none@1@S@"He recently bid $30,000 at a Paris charity auction for a dinner cooked by six of the world's great chefs, but the final party cost closer to $100,000."@@@@1@28@@oe@2-2-2013
22113063@unknown@formal@none@1@S@(Mr. Paul says it wasn't that high.)@@@@1@7@@oe@2-2-2013
22113064@unknown@formal@none@1@S@The art collection might have come to rival the Medicis' had the Florida comptroller's office not got wind of Mr. Paul's aesthetic adventure.@@@@1@23@@oe@2-2-2013
22113065@unknown@formal@none@1@S@In its letter to him, dated March 2 and shared with reporters, Alex Hager, the chief of the thrift-institution bureau in the comptroller's office, expressed puzzlement that the S&L could be so profligate when it had reported losses of more than $13 million in its two preceding quarters.@@@@1@48@@oe@2-2-2013
22113066@unknown@formal@none@1@S@The state gave CenTrust 30 days to sell the Rubens.@@@@1@10@@oe@2-2-2013
22113067@unknown@formal@none@1@S@The comptroller's office eventually extended the deadline to six months but broadened its demands, ordering that the "book value of the collection {be} reduced to zero."@@@@1@26@@oe@2-2-2013
22113068@unknown@formal@none@1@S@In other words: Get rid of all the pictures.@@@@1@9@@oe@2-2-2013
22113069@unknown@formal@none@1@S@The state obliquely noted that unsafe banking practices are grounds for removing an officer or director and closed with the admonition to Mr. Paul: "Govern yourself accordingly."@@@@1@27@@oe@2-2-2013