Postal Service Golden Fleece Award Sparks Waste Debate
Senator William Proxmire awarded the U S Postal Service a Golden Fleece for a $4 15 million ad campaign to boost mail volume, warning the plan will worsen deficits while the service defends it as revenue driven. He called spending taxpayer money on promoting letter writing ill advised.
MENTIONED IN THIS ARTICLE
William Proxmire
Wisconsin
U.S. Postal Service
Postal Service
Proxmire
United States Postal Service
Hell
Directors under attack broaden scrutiny of corporate boards
Sylvia Porter notes that U S corporate boards face growing pressure from regulators investors and educators. Inside directors once shielded by CEO ties now face challenges expanding to outside directors as Stanley Sporkin urges an investor rights bill and tougher board accountability.
MENTIONED IN THIS ARTICLE
America
Society of American Business and Economic Writers
New York City
Stanley Sporkin
Securities and Exchange Commission
Directors at Crossroads Debate Outside Role and Pay
The Harvard Business Review criticizes outside directors for independence gaps and high fees, suggesting professional boards with monitored CEO performance, strong internal controls, and potential CEO ousters. It notes the move toward written director charters as ethical guides amid rising costs and calls for redefined board duties.
MENTIONED IN THIS ARTICLE
Ralph E. Lewis
Harvard Business Review
Festival of Television reruns fuels KBHK nostalgia nights
KBHK San Francisco launches its Fourth Annual Festival of Television with weeknight one hour blocks at 10 p.m. featuring ancient reruns such as Our Miss Brooks and Car 54 Where Are You. Originating in desperation, the festival has grown into a summer staple now adding a trivia quiz host segment and seven weeks of nostalgia driven comedy Western mystery and variety nights.
MENTIONED IN THIS ARTICLE
Los Angeles
KBHK
San Francisco
Miss Brooks
Derk Zimmerman
Dinat Shore
Truman Bradley
Wild Bill Hickock
Hennessey
Mr. Ed
Terry McGovern
Harry von Zell
Zimmerman
Tante Kate and the War Time Germany Trial of Faith
Tante Kate a German forewoman in a Gehrden ammunitions plant shelters Jewish neighbors while questioning Nazi guards. The story follows her transformation as Allied bombs close in and the town’s loyalty fractures amid arrests by the Black Shirts.
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Tante
Kate
Hanover
Germany
Gehrden
Friedrich Lozzen
Raus
Friedrich
Wehrmacht
Tante Kate
Pincus
Taute Kate
Allied Intelligence
Texas Wins A 7E Battle Over Carter Budget
Washington reports that Texas lawmakers secured funding for six A 7E warplanes, with Senate backing six more, totaling a dozen. The move, tied to Texas’ strong delegation and LTV Fort Worth manufacture, risks a presidential veto as Carter sought to cut the Pentagon budget by about 100 million for the aircraft program.
MENTIONED IN THIS ARTICLE
Washington
Navy
Texas
Carter
Carter Ix
White House
LTV Corporatiism
Fort Worth
Dale Milford
Ft. Worth
Jim Wright
George Mahon
of Texas
Senate
John Tower
R-Texas
Armed Services Committee
Goes
Pentagon
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