Word: bondses
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The purpose of the new certificates ?which have been authorized jointly by the Federal Reserve, the Federal Deposit Insurance Corp. and the Federal Home Loan Bank Board?is to induce depositors to leave their savings in the bank instead of withdrawing them and investing them in bonds and in...
Rarely has the political climate changed so totally so fast on an economic issue. Only last fall, all the talk about taxes on capital gains?profits on the sale of assets such as stock, bonds and real estate?centered on prospects for a drastic increase. The Carter Administration drafted a...
In order to promote more investment that would help everybody, Steiger and his allies argue, taxes must be cut for the people who have money to put to work. Michael K. Evans, president of Chase Econometrics, figures that if Steiger's amendment passes, stock prices would jump 40% in two...
Cauthen left such flights to others; he has settled into a life that he clearly loves, reports TIME Correspondent Peter Stoler. He is addicted to the track and to track people. Cauthen often leaves his bachelor's apartment in Floral Park, Long Island, before dawn and drives his 1977 Mercury...
Stocks, bonds and Government securities. Foreign money, much of it from Britain and Arab countries, is swirling through Wall Street. Corporate securities held by foreigners as portfolio investments have grown from $34.9 billion in 1974 to $57.7 billion last year. In recent weeks foreign buying has become a major force...