Word: asset
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Dates: during 1960-1969
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...happens to be under me and I'm driving it, but I'm part of it and it's part of me." Ford Motor Co.'s Don Frey worked closely with Clark at Indianapolis, calls him "the epitome" of a racing driver. "His greatest asset," says Frey, "is his imperturbability. When he was five or ten years old, a gyro began spinning somewhere inside him and he became his own standard maker. He's inner-directed. He lives in his own world...
...economy, in which mood is often as important as statistics, the danger was that last week's nagging apprehension, if allowed to spread, could erode an intangible but vital economic asset: business confidence. "We are concerned," said Treasury Secretary Henry Fowler, "with the confidence of people, people in business, people as consumers, people as employees in the future...
Clearly, the world needs a new reserve asset. Just as clearly, it needs to get rid of Charles de Gaulle. Fortunately, to pose that two-fold problem is to solve it. I propose that the world abandon gold, establish a new monetary unit, and use Charles de Gaulle himself as the reserve asset. Instead of the gold outflow, we would have the De Gaulle outflow. And, since De Gaulle would be allowed to say whatever he pleased, wherever he were stationed, it is doubtful that many countries would cash in their extra currency...
...President received confirmation, from a routine report to the Federal Communications Commission, that the broadcasting properties owned principally by his wife and two daughters had improved in net asset value by $1,000,000 since 1962 to a total of $3,700,000. Like the rest of the extensive Johnson family interests, the radio and television stations are being administered by trustees while the President is in office...
...Married Asset. The result was a merger of the Phoenix's administrative acumen and the APA's artistic excellence. And for the APA, the new security has spread a tone of smooth confidence. "Five years of percolating is better than instant," says one actress. Having done 30 productions (predominantly classical) since its start, the APA is now a well-integrated, well-trained troupe, one-third of whom have been in the company all five years. They are beginning to reflect Rabb's maxim that a rep company should be made up not of chameleon-like actors...