Word: borrower
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Dates: during 1970-1979
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...traditional role of financier to the world. An Interest Equalization Tax (I.E.T.) first proposed by President Kennedy and passed during the Johnson Administration made it prohibitively expensive for Americans to buy foreign securities and effectively forced foreigners who had been accustomed to floating bond issues in the U.S. to borrow elsewhere. But I.E.T. was lifted in mid-1974, and since then the foreigners have come flooding back sell what they call Yankee bonds to Americans. According to Morgan Guaranty Trust Co., the total ofj public foreign-bond borrowings in the U.S.-mostly by governments -jumped from less than $500 million...
There are no fewer than 41 modern buildings, all designed by nationally and internationally famed architects. On Sundays, the citizens of Columbus worship in churches designed by Eero and Eliel Saarinen. They borrow books at a library built from the innovative plans of I.M. Pei and embellished with a bronze arch sculpted by Henry Moore. They shop in a glass-enclosed piazza designed by Cesar Pelli, and send their children to schools conceived by Architects Harry Weese, Eliot Noyes and John Warnecke. Along with the distinctive new structures, the spirit and pride of Columbus have risen as well. All over...
...goddam jet," grumbled a producer at NBC. (The network got to Sadat only in time for the following night's broadcast.) NBC did manage a satellite conversation on Monday between Begin and Anchorman John Chancellor, taped only minutes after the Israeli had finished with Cronkite. NBC had to borrow the same hotel room and satellite lines that CBS had arranged for. Sniffs a CBS spokeswoman: "We didn't even charge them for the room...
...Heroes were not so dull, it would be a cause for outrage. Director Kagan and Writer Carabatsos borrow freely from other movies-notably It Happened One Night, Morgan!, and Five Easy Pieces-without ever advancing any insights of their own; there are more cute platitudes along Jack's road to self-realization than there are toll booths. The film's final ten minutes are a minor scandal. After wasting an audience's time for two hours, the movie unleashes a gory, cathartic fantasy sequence in which the hero relives the horrors of his Viet Nam combat. Film...
...still profitable, auto losses pared companywide pretax profits to less than $23 million in the first half of 1977 (on sales of $2.4 billion), from almost $97 million a year earlier on slightly smaller sales. And those figures mask a serious cash shortage; in July, Leyland had to borrow 5180 million from the government's National Enterprise Board to keep going...