Word: bindings
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Dates: during 1970-1979
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...debt. But Jim Robinson, 34, a former fifth-grade teacher, and Jenette Kahn, 23, a freelance art critic, are optimistic. Recently Kahn noted, "The orders are coming at a rate of 50 a day. If that keeps up for a few months, we might get out of the financial bind...
Redrawing the Rules. Taken together, last year's congressional actions strengthen the ties that bind Government and business together. With securities insurance added to long-existing mortgage and bank deposit insurance, Washington's total financial liability in a serious economic slump could conceivably reach an astronomical figure. Still, despite its controversial habit of subsidizing transportation, housing, farming and shipping, Congress so far shows little inclination to rescue individual companies except to preserve vital national services. Lawmakers last year made no move to bail out film makers, conglomerates or airlines...
...Services into the largest mutual fund organization selling shares to foreigners. Denver's John King, whose King Resources sold interests in oil wells and other holes in the ground, tried to come to Cornfeld's rescue with a loan. Instead, King himself was caught in a money bind and ousted by his board. Keith Barish, 26, a financial whiz who had made Nassau's Gramco Management Ltd. the second-ranking offshore mutual fund complex, was also hit by a wave of fund redemptions that forced him to suspend some operations. Several big-thinking Texans were deflated. James...
Albert H. Gordon '23, chairman of the Fund, said last week that the Fund is caught in an economic bind. Inflationary pressures have made an annual increase in alumni giving imperative to meet the costs of higher education, but the economic decline of the country has combined with alumni uneasiness over student unrest to hold back the needed increase...
Last week members of Quincy voted 157 to 110 to have the election, but the Quincy House constitution requires that 50 per cent of the house (205 of the 409 members) must concur on an issue for the vote to bind the committee. The House Committee voted to accept any decision made on Thursday if over 50 per cent of the house votes...