Word: bankes
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Dates: during 1970-1979
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...Longwood area hospitals have an annual payroll of $250 million, which is almost half the city's total payroll for health and medical services. Hospital employees produce a revenue of $450 million in the city through the creation of other jobs, and also spend or bank half their pay in the city...
...asked us to figure out a way to show the positive economic and financial aspects of these hospitals, as it would have a salutary effect on easing the long run discussions about tax-exempt property in the city." James E. Howell, a senior vice president of the First National Bank of Boston, which performed the study, said...
...inflation under control, everyone has to sacrifice. There has to be a willingness by the public to forgo tax relief, tolerate tighter money, and not put tremendous pressure on the Government to step up spending for pet programs." Adds Beryl Sprinkel, executive vice president of Chicago's Harris Bank: "The key question is, what happens when unemployment starts moving up to 7% or 7.5%? Will the Administration have the guts to hang in with a moderate policy that provides some long-term hope that we will get inflation down...
...drive--the Campaign for Harvard College in 1958, which raised $82 million--financed expansion and left tangible results in its wake, including Holyoke Center. This time around, the bulk of the money, earmarked chiefly for the College to finance faculty salaries, student aid and academic reform, will disappear into bank accounts and endowment investments. There won't be any new buildings for generous contributors to plant their names...
Seminar on Development--Panel with David Bell, Ford Foundation; Hollis Clerely World Bank; Edward Mason, Lamont University Professor Emeritus. Moderator; Raymond Vernon. Professor of International Business Management. ARCO Forum...