Word: connely
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...Defense Caspar Weinberger trekked to the Hill to buttonhole members. From Switzerland, retired General Ed Rowny, chief U.S. negotiator at the recently begun Strategic Arms Reduction Talks (START) in Geneva, telephoned key Congressmen. And the President chipped in. In an address to the Knights of Columbus in Hartford, Conn., Reagan attacked an immediate freeze; on his return to Washington, he placed last-minute calls to try to persuade undecided members...
Wall Street's gloomiest forecasters argue that sky-high borrowing costs are literally ruining the business environment for American industry. Says Raymond Dalio of Bridgewater Associates, a Wilton, Conn., economic forecasting firm: "I think we'll see a repeat of the Crash of 1929. The only way we can avoid a further acceleration of failures is to get a substantial break in interest rates accompanied by a sharp increase in economic activity. That has not happened, and that is why I believe we are already in the early stages of a depression." Dalio expects the Dow to drop...
...about whether their deposits are still as safe as money in the bank. In recent months, newspaper reports of financial strains on local banks and savings and loan associations have brought crowds of agitated depositors into bank lobbies to withdraw their funds from cash-squeezed institutions in Miami, Hartford, Conn,, Abilene, Texas, and a number of other towns and cities. A recent survey by Burke Marketing Research Inc. of Cincinnati showed that nearly 90% of Americans questioned now have some concern about the stability of U.S. financial institutions. Only about 10% feel any real confidence in the present banking climate...
When Architect Richard Neutra was designing a house for Alan and Janet Glenn in Stamford, Conn., he took them out late one evening to the site. "And this is where your bathroom will be," he said. "When the moon is out, it will shine through the skylight, so you won't have to switch on the light and disturb each other...
Willard J. Morse Jr., M.D. East Lyme, Conn...