Word: cash
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Dates: during 1960-1969
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...worried faces in front of a stock board. "Some of them got caught short on margin, you know," he chuckled. "They got burned plenty bad. I'll bet they won't try and be big shots again with somebody else's money. Me. I'm cash and carry...
...Bell and Walter W. Heller, chairman of the President's three-man Council of Economic Advisers. Also present were officials from the Commerce Department and the Securities and Exchange Commission. What should be done? One possibility, quickly rejected, was to lower the margin requirement (the percentage of cash that a buyer has to put up to buy stocks) from the present 70%. The consensus was that any such move might be interpreted bearishly...
...Laos does not really exist. Many of its estimated 2,000,000 people would be astonished to be called Laotians, since they know themselves to be Meo or Black Thai or Khalom tribesmen. It is a land without a railroad, a single paved highway or a newspaper. Its chief cash crop is opium...
...songs (This Nearly Was Mine, It Never Entered My Mind), got a standing ovation from a crowd of 1,000, hugs and handshakes from Mentor Eddie Cantor, and then went off to celebrate, flanked by Mike Todd Jr., son of Liz's third husband, and blonde Actress Annette Cash, his current steady. Wrote Columnist Walter Winchell, on hand to cover the event: "He stopped the show colder than a faithless wife's heart." Never one to toe the party line, Soviet Poet Evgeny Evtushenlco, 28 (TIME cover, April 13), stomped all over it with dancing slippers...
...last week, most economists reckoned that public confidence was tough enough to withstand some more buffeting from the market; record levels of personal income, they felt, suggested that most consumers need not rely upon securities for ready cash. As for the possibility that the market plunge might be a harbinger of recession, if not the cause of one, the majority of economists echoed the line taken by President Kennedy last week: the economy is still basically sound, and Wall Street is simply out of step with it. "It's hard to accept the view that investors in the market...