Word: bankes
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Dates: during 1970-1979
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...Camp David agreement may cause a considerable division in the Israeli government because it will lead to the loss of certain autonomous Israeli settlements on the West Bank, Michael L. Walzer, professor of government, said last night at a lecture entitled "Israeli Politics After Camp David" in Phillips Brooks House...
...choice (for Israel) will be peace or settlement," he said at the lecture sponsored by Harvard/Radcliffe Hillel, adding that he thinks the Israelis will not choose to fight for its settlements on the West Bank...
...efficient farmers" who "are giving the nation a lesson in Adam Smith economics." They calculate and compute and invest to pile up ever more profits like "Smith said capitalists should." Time fails to note that most farmers could make more money by stashing their assets in a bank vault and living off the interest. According to Time, the results of free market competition have been innovation, growing production and "reasonable costs to consumers...
...Bank mortgages in the Cambridge area presently carry 11 per cent interest rates with 20-to 30-year terms...
Whatever system eventually prevails, interest-bearing checking will spur another round of bank competition for new business and bite into bank profits. California's Bank of America, which is offering PATS at its 1,100 branches, reckons that the interest it will pay to PAT depositors will total $30 million annually and slice about 7.5% from earnings. Savings and loan association officials are also worried about this new round of competition for the savings dollar. Many are desperately hoping they will be allowed to offer checking-with-interest accounts of their own or other services that may help curb...