Word: credited
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Dates: during 1970-1979
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Poty agrees but declines to take all the credit. "This is the closest team I've ever played on in any sport. There's a genuine interest and care for each other," he says...
...second floor of the garage a flustered old man complains that his station wagon has been broken into. When did he park it there, the police officer asks. What are you missing? The questions continue. The old man reaches into his glove compartment--"My wife's Gulf credit card," he answers...
...first nine months of this year rose at an annual rate of 15.1%, and borrowing by households is also at a record high. Borrowing by Government to finance budget deficits adds to the demand. Alan Greenspan, a member of TIME'S Board of Economists, singles out mortgage credit as "a monster loose in the system," devouring money. People are not only borrowing to build new houses but taking out second mortgages on existing homes to finance spending of various types. During the 1960s, Greenspan observes, a one-year rise of $15 billion in mortgage credit was considered large...
...among businessmen who concede that the new program will cause them some trouble. Robert Corson, treasurer of Foxboro Co., a Massachusetts maker of controlling and recording instruments, warned his collection agents that they may have to lean harder on customers to pay their bills: "People try to get free credit out of their suppliers when it gets harder to borrow elsewhere." Nonetheless, he says, "people are glad to see some measures being taken, and the psychological boost might actually encourage expansion...
...estimates, Cleveland is running a $16.5 million deficit and may have to default on $15 million in short-term notes that come due next month. One way out, says Finance Director Joseph Tegreene, 25, is to float a $50 million bond issue in December. But the city's credit rating is as low as New York City's was during its 1975 financial crisis...