Word: davids
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Dates: during 1970-1979
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...peak of 9% in May 1975. Most board members agree that unemployment will hit a high around Election Day in November, which will hurt Jimmy Carter, and that the jobless rate again will start declining as the economy picks up at year's end. However, one member, Consultant David Grove, who has long been pessimistic about the job situation, predicts that the worst will come in the second half of 1981, when he sees unemployment...
Before winding up her whirlwind tour at a black-tie dinner given by Banker David Rockefeller, Thatcher gave an address before 2,000 luncheon guests at the Foreign Policy Association in Manhattan. Speaking with a sense of theater that many a politician might envy, she warned of Soviet expansionism, reaffirmed the values of old-fashioned liberal democracy and insisted that "resolve" was perhaps the most important quality needed in a leader as the world heads into the 1980s, which she dubbed the "dangerous decade." Said she: "Let us go down in history as the generation which not only understood what...
...average buyer today is fairly young, probably in his 40s, and well-to-do. "Along with old money and society," says Atlanta Auctioneer David Ramos, "the young guy who scored in real estate is becoming an increasing part of our clientele. Also there are successful young lawyers who are investing in antiques for their homes and offices." The protests of purists notwithstanding, many people are buying tangibles as a green hedge against wilting paper of whatever kind, dollars or marks, stocks or bonds. As Sotheby's chairman, Peter Wilson, points out: "There's not a single person...
...investment. Though Sotheby's insists that the arrangement contains sufficient built-in checks and balances to dispel any suspicion of conflict of interest, many people in the art world are skeptical of any deal whereby an auction house may in effect end up supporting its own market. Says David Bathurst, Christie's New York president: "Using art as an investment scares the hell out of me. There's going to be a flood of money in and out, leaving a sound market devastated because of people who shouldn't have been there in the first place...
...David H.C. Read, 69, Madison Avenue Presbyterian Church of New York. "The worst sin is dullness," says Read, a transplanted Scotsman and British army chaplain who is never dull. Still, he disapproves of the whole idea of "princes of the pulpit," and he deplores the fact that people go to church to hear a celebrated preacher rather than to worship. But if there is any one prince of the Protestant pulpit these days, it is Read...