Word: bargainer
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Dates: during 1980-1989
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...addition, consumers have discovered that they can recover part of the money they have spent on life insurance in the past by borrowing against the cash value of those policies at bargain interest rates as low as 5%. The borrowed funds can then be reinvested in a money-market fund, Treasury bills or six-month bank certificates at far higher yields. The amount of funds borrowed against old insurance policies has now swelled to $43 billion...
...emerging deal still faces many obstacles, and Dole and Rostenkowski will meet privately this week in the Capitol to tackle them. If a final bargain is reached, the Democrats will insist that Reagan give it unqualified public support before it is brought to a vote. Says Wright: "If Congress is going to give birth to his child, then Reagan must own up to its paternity." -By Walter Isaacson. Reported by Douglas Brew and Neil MacNeil/Washington
Carried by Westar II, INN'S feed provides the kind of national and international coverage few local stations could produce themselves, and at a bargain price: it is free. In exchange for the right to sell three minutes of national advertising, INN provides the show on a barter basis to affiliates, which can sell three minutes of local ads. Says Corporon: "Everybody makes money. And a national news show adds to a local station's prestige, so a little station tends to grow...
...success of any Dole-Rostenkowski bill will, of course, depend on the cooperation of Rostenkowski. While the Illinois Democrat seems willing to bargain, he cannot do so effectively until his own committee agrees on a common strategy. Right now, says one member, "they are all over the lot." It was no wonder then that Rostenkowski described his first meeting with Treasury Secretary Regan last week as "inconclusive, but not discouraging." The Secretary did not put all his cards on the table, but neither did the Congressman. "Regan was three years, two years, three years," says Rostenkowski. "I was one year...
...astronomer, and I was filled with the glee of a child when I saw the space shuttle return safely. We have entered a new age! Future flights are .estimated to cost $30 million each-that is, 150 from each of us. A bargain to build a strong American presence in space...