Word: crunchingly
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Dates: during 1970-1979
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...there is still one big difference between Harvard and Brown, and it is not in the perniciousness of the administrations or the radicalness of the student bodies. Harvard is rich and Brown, by Ivy League standards, is poor--it will be some years before the crunch of recession hits hard here...
...before Harvard will have to reduce its faculty by 15 per cent, and if administrators are considering making financial aid a criteria for admissions, they have not said so. But if Harvard students can learn anything from what is happening at Brown, it is that when the crunch comes. President Bok will not announce it at a Lowell House dinner. It took two massive student rallies and a month of negotiations at Brown to bring the bad news to light. And it may be too late to do much about it--students have already conceded that next year's reduction...
Olney says in the case of Japan "the timing was just right," before the energy crunch and the world-wide inflation that followed. But, he says, "if General Motors had come forward first it would have been fine--but they didn't." And now it is up to his office and the Council for East Asian Studies to convince American industries to give to what Japanese industries funded so quickly...
...that the U.S. resupply Israel. One black Congressman demurred, suggesting that he was unhappy with the wording of the preamble. Koch declared, "Look, I've signed a lot of your resolutions and I never ask you to cross the t's or dot the i's. This is the crunch." The man signed...
...U.D.C. episode will cast a pall over the municipal bond market. The doubts raised by the U.D.C. crunch could have especially grave repercussions for the more than $6.3 billion of outstanding moral-obligation bonds is sued by similar public agencies in 30 states. Following the default, U.D.C. bond prices fell rapidly; some bonds sold for half their face value, and by week's end most other outstanding issues had fallen by more than $100 per $1,000 bond...