Word: businessese
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Dates: during 1960-1969
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BANKING. Even more vigorously than Johnson, Nixon and his aides are campaigning against one-bank holding companies, which the bankers set up to diversify into other businesses. The Administration considers the bank-holding-company trend to be a significant danger and is moving toward legislation to curb it.
For the longer term, the only way that the French can have the incomes that they would like and avoid devaluation is to improve the efficiency of their economy, which is fragmented into countless small businesses. Even more urgent, as the conservative newspaper L'Aurore noted last week, is...
Everybody Calling. By contrast, Lew Alcindor, the 7-ft.½in. U.C.L.A. All America center, has already been offered a 40,000-acre ranch stocked with 3,500 head of cattle, if he will please, please play in the fledgling American Basketball Association; that's in addition to the...
South Side Holdings. While investment has always been a basic tenet of the movement, Muhammad says: "We didn't have the money to go into business until now." Last year the Muslims sank an estimated $6,000,000 in businesses and real estate, two-thirds of it in Chicago...
As a group they have earned no profit for the past three years. The failure is due to the lack of trained management and to all the handicaps of slums: high unemployment, low incomes and savings and marginal local businesses.