Word: crediters
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Dates: during 1960-1969
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...Rochester and Oklahoma, visited most of those campuses, and still has unused airline tickets around the house. He applied to six schools, was accepted by all, has narrowed the final choice to either Harvard or Columbia. Dale took so many courses that he entered his senior year just one credit short of graduation and could have loafed. He didn't. "I like to catch the kids who are ahead of me," he says. He already has his lifetime vocational goals outlined. Successively, he hopes to be a professional basketball player, journalist, dancer, politician and actor. His intention, he says...
Ackley and the Administration could take credit for part of the turnaround. Faced with unmistakable signs of recession, the Administration in the past months has shoveled funds into mort gages and freed money to speed federal construction programs. The Federal Reserve Board, meanwhile, cut the discount rate and has generally moved to make money easier. At the same time, a lag in domestic spending has almost been covered this year by an upswing in defense spending; in the first quarter $3 billion more was spent on military needs than had been anticipated. Altogether, said Ackley, fiscal and monetary policy...
...National Association of Home Builders last week predicted that a substantial upturn during the summer and fall will lift starts to a 1967 total of 1,300,000, as against 1,220,000 in 1966. Such optimism is based mainly on the Government's sharp switch toward easier credit. Interest rates on home mortgages have dropped faster than in any recent period in Federal Reserve records. Eastern investors who demanded a 6.6% and 6.7% return on their money last fall are now snapping up loans at 6%, and a few of them are willing to take as little...
...cosmopolitan group, made up of 17 high-level management men (average age: 42) from 14 companies in ten different countries. Among them: Chrysler International's controller, Fiat's man in Cairo, the assistant to the president of Spain's Barreiros Diesel, officials from France's Credit Lyonnais, Britain's Rolls-Royce, the U.S.'s IBM and Sweden's Saab...
...week." Not that Bendiner's family had any of those luxuries. Their only fun was buying on the installment plan. The day the Bendiners received a dispossess notice from their Manhattan landlord was also the day they received a regulation-size pool table ordered for the apartment on credit...