Word: chip
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Dates: during 1980-1989
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...hardware components promise to expand horizons and boost sales even more. A silicon chip known as the Intel 80386 microprocessor already runs Compaq's IBM-compatible Deskpro 386, giving it the power of bigger minicomputers for the price of a PC. At Apple, design engineers use a Motorola chip comparable to Intel's for their Macintosh machines, now the industry's hottest-selling family of personal computers...
...paneled boardroom doors of Wall Street, a bitter power struggle is under way that could well decide the fate of the $2.7 trillion U.S. banking industry. The battle pits behemoth against behemoth, commercial banks against investment-banking houses, prestigious names like Citicorp, Bankers Trust and BankAmerica against equally blue-chip concerns like First Boston, Salomon Brothers and Goldman, Sachs. But fundamentally, the struggle matches traditional U.S. bank-lending practices against computer-driven techniques that are drastically changing the way that more than $6 trillion worth of nongovernment credit is channeled through the U.S. economy...
...first important loan customers to kiss the banks goodbye were blue- chip corporate borrowers; in the mid-1960s they began issuing short-term debt securities called commercial paper. While corporations have always relied on securities like bonds for long-term debt, commercial paper took the place of short-term bank borrowing. Commercial paper, which is sold by investment banks to big investors, has become a $190 billion industry...
...main problem originally was the potential elitist connotation," Yarowsky says. "We didn't want a 'Guide to Muffy and Chip's Prep School.' We worked with Chris and were satisfied that it conveyed the information and tone in an acceptable...
Kirkland and Quincy House Committees will each chip in $500 for beer and provide manpower for the spring fling, which will count as the houses' one party with alcohol allowed each year...